Senior Underwriter

Senior Life Underwriter

Location : Any Canadian Location, CA

Please note the base salary will be determined by the successful candidate's education, skills and experience. The listed salary range serves as a general pay guideline for this position's pay level.

Empire Life is looking to fill several Underwriting roles on the retail underwriting team. We are looking for team members who have strong leadership, technical and medical knowledge and skills.

By joining the Empire Life today, you'll be exposed to growth and career development opportunities. The Senior Life Underwriter maintains Company profitability through favourable mortality by reviewing and assessing the financial risk of individual life insurance applications.

The incumbent is guided by defined goals and objectives and works under the general supervision of the Manager, Underwriting.

Why pursue this opportunity

Join a transforming business -we are a medium-sized Canadian company in a stable industry which is rapidly transforming.

The environment - we understand the importance of work-life balance and strive to provide a supportive work environment that allows our employees to achieve both personal and professional goals.

Play an integral role - this is an opportunity that allows for you to grow your skills, while directly contributing to the business unit you are a part of.

What you’ll be working on

Assesses risk accurately to an approval limit of $2,000,000 - $3,000,000 for individual life and $1,000,000 for critical illness policies

Provides sound risk decisions and related support to the Sales & Marketing and Retail business line teams

Assesses the mortality and financial risk for individual life insurance applications through an analysis of financial and medical information

Provides support to the Sales team in the management of the distribution relationship

Interacts with reinsurance providers to spread risks on retention amounts that exceed the Empire Life retention limit

Consults with Senior Underwriters, medical Directors, or the Underwriting Manager, on any questionable situations

Participates as an active team member and leads assigned projects

Coaches junior and intermediate underwriters from a technical lens to ensure that individual coverage decisions are appropriate, made in a timely manner, and communicated to the appropriate team members

What we’re looking for you to have

4+ years work experience in individual underwriting, three of which has been at an intermediate level

Experience coaching / mentoring others

Knowledge of word processing, spreadsheet, email, internet and database computer software

Comprehensive knowledge of medical and financial terminology

Well-developed analytical and problem resolution skills

Ability to be decisive and show consistently good judgment

Well-developed coaching and mentoring skills

Well-developed organizational skills

Clear writing and verbal communication skills

Ability to work within and apply decision methodologies

Completion of a university degree in life sciences, nursing or kinesiology

FLMI with underwriting specialty considered an asset

Working towards FALU considered an asset

If you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, or employees across Canada.

It would be nice for you to have

Knowledge of individual life and health underwriting and advanced financial underwriting are assets

Beyond the salary

For regular full-time positions, Empire Life offers a comprehensive total rewards package that includes :

Competitive salaries with annual pay increases

Annual bonus program, which recognizes both strong company performance and individual contributions

Competitive uncapped commission for sales positions

A comprehensive employer-funded benefits package that includes life insurance, disability, health and dental and a generous health account

Flexible work arrangements and an annual allotment of personal health days.

Four weeks annual vacation from hire date

A defined contribution pension plan with generous employer matching

Top up programs for parental leave and compassionate leave

Employer-sponsored wellness and recognition programs

A cash employee referral program