Underwriting Consultant
Sun Life
Calgary, Alberta
1d ago

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self.

You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights.

Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do.

Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description :

This role will provide strong medical and financial underwriting expertise to further develop the underwriting capability within Canadian New business.

As a member of the Underwriting Risk Management Team, the incumbent is accountable for guideline development, updating the Underwriting Rules Engine and completing life and critical illness underwriting audits.

What will you do?

Guideline Development

  • Create and update guidelines for life and critical illness insurance to enhance Sun Life’s position as a leader in the Canadian market.
  • Ensure guidelines are in keeping with Sun Life’s risk tolerance.
  • Keep up to date with medical knowledge, developments and trends in underwriting and the insurance industry. Identifies alignment where appropriate with other function areas in the line of business
  • Assist in coaching other Underwriters with respect to technical underwriting issues, including methodology, philosophy and processes
  • Assist in developing underwriting training material and participate in underwriting training
  • Underwriting Rules Engine

  • Update the Underwriting Rules Engine to maximize straight-through processing while following Sun Life’s underwriting guidelines and philosophies.
  • Maintain strong risk management while balancing the experience of our customers and advisors.
  • Auditing

  • Perform life and critical illness underwriting audits on underwriters as per the Audit Plan. Delivers results to the underwriter and their manager, ensuring appropriate training issues are identified and appropriate action taken.
  • Provide input to the ongoing review of the audit parameters.
  • What do you need to succeed?

  • 7-10 years of progressive underwriting experience- life and critical illness required
  • Have an approval authority of $3,000,000 for Life and $500,000 for Critical Illness
  • Bilingualism (French, English) required for Quebec only- interactions with English-speaking customers or partners
  • Initiative; ability to coach and mentor
  • Strong impact, influence and negotiating skills
  • Strong analytical, and time management skills
  • Ability to multitask and make decisions
  • Working knowledge of reinsurance
  • Designation- Fellow of the Academy of Life Underwriting (FALU) preferred
  • Undergraduate degree preferred
  • The ability to work in a fast paced environment and balance competing priorities to execute action plans
  • Knowledge of auditing best practices would be an asset
  • What's in it for you?

    Trusting, diverse and inclusive working environments

  • Supportive leadership who’s focused on your success and well-being
  • You choose where you want to work from, with no minimum or maximum days in either place. We want the office to be a magnet, not a mandate! #flexibility
  • Continuous improvements that focus on enhancing your work and our clients’ experience #makeadifference
  • Sustainability commitments to create a cleaner, more inclusive and sustainable future for our communities
  • We offer a number of programs and offerings to help our Employees achieve lifetime financial security and live healthier lives, some of these include :
  • Comprehensive benefits
  • Retirement & stock investment
  • Pay for performance reward
  • Wellness programs, benefits and health incentives
  • Paid vacation based on experience and additional days to support family care and personal emergencies
  • Time off for enrichment experiences through a Sabbatical program
  • Investment in not-for-profit organizations that are important to you
  • The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors.

    In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance.

    Certain sales focused roles have sales incentive plans based on individual or group sales results.

    Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues.

    We welcome applications from qualified individuals from all backgrounds.

    Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to .

    At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

    We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

    Salary Range :

    74,100 / 74 100 - 120,800 / 120 800

    Job Category :

    Underwriting - Individual

    Posting End Date : 26 / 01 / 2023

    26 / 01 / 2023

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