Medical Underwriter

Work Location:

Markham Ontario Canada

Hours:

37.5

Line of Business:

TD Insurance

Pay Details:

$59500 - $84000 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidates skills and experience job-related knowledge geographic location and other specific business and organizational needs.

As a candidate you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Department Overview

The Underwriting Department at TD Insurance is a dynamic high-energy team dedicated to protecting our customers and supporting the banks mission. We assess the mortality and morbidity risk of both TD Lifes Individual Insurance products and for the Banks Creditor Insurance program.

As a Medical Underwriter youll gain hands-on experience in a fast-paced environment working closely with supportive colleagues and industry experts. Were committed to your growth offering mentorship ongoing training and opportunities to pursue professional designations.

If youre eager to learn ready to make a difference and want to build a rewarding career in insurance we invite you to join our inclusive and innovative team. This position requires a minimum of 2 years underwriting experience and/or a degree/diploma in health sciences.

Job Description

Review assess analyze and evaluate detailed medical and non-medical risks determine mortality ratings and make substantiated logical final decisions.

Appropriate medical underwriting assessment and decisions for each risk according to the limits of the plan and underwriting philosophy meeting business guidelines and service standards.

Communicate/negotiate with reinsurers for final decisions and applicable ratings.

Provide support to the claims department and handling claim referrals

Communicate underwriting decisions and detailed explanations of adverse handlings promptly and accurately to clients and where required to attending physicians.

Ensure applications are underwritten and processed according to TDs underwriting guidelines as well as the terms of the third party agreements

Developing and maintain excellent working relationships with other TD Insurance departments bank departments and reinsurers.

Monitor and maintain service and production standards set for the department assisting own team members in meeting these departmental standards/goals.

Participate in continuing education and self-development courses to remain current in medical advancements and trends

Job Requirements

Specific Education:

Minimum of 2 years insurance underwriting and/or a degree/diploma in Health Sciences or other medical background

Must have: Written and verbal proficiency in ENG/FR

Nice to have: Working toward license desired AALU ALMI designations Industry related courses and/or accreditations (LOMA/ALU) or willing to begin working toward these license designations

Other Qualifications Skills and Experience:

Familiarity with underwriting function and eagerness to quickly build sound understanding of functions and companys various business operations.

Participate in continuing education and self-development courses to remain current in medical advancements and trends.

Superior verbal and written communication skills

Outstanding Customer Skills

Strong organizational analytical and time management skills

Excellent computer skills

Demonstrated ability to work independently and in a team environment.

#LI-TDI and #IN-TDI

Who We Are:

TD is one of the worlds leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day we strive to make every interaction product and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada the United States and around the world. More than 95000 TD colleagues bring their skills talent and creativity to foster deeper relationships ensure disciplined execution and build a simpler faster banking experience. TD is deeply committed to being a leader in client experience that is why we believe that all colleagues no matter where they work are client facing. Together we are reimagining what banking can be for our clients colleagues and communities.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial physical and mental well-being goals. Total Rewards at TD includes a base salary variable compensation and several other key plans such as health and well-being benefits savings and retirement programs paid time off banking benefits and discounts career development and reward and recognition programs. Learn more

Additional Information:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations requirements.

Colleague Development

If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll have regular career development and performance conversations with your manager as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If youre passionate about helping clients and building deep lasting relationships TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

Were committed to your success and foster a respectful workplace where diverse perspectives are valued everyone has fair opportunities to grow and you can unlock your full potential to achieve your career goals. Here at TD we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.

Interview Process
Well reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if youd like accommodations (including accessible meeting rooms captioning for virtual interviews etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet
Employment Type : Full-Time
Experience: years
Vacancy: 1
Monthly Salary Salary: 59500 - 84000