Senior Underwriter, Individual Insurance

Actuary and Data Science

We are responsible for the profitability of the products sold, managing the risks associated with the insurance contracts, and ensuring that the company has the necessary funds to pay its future obligations.

Permanent

Job summary

The Claims and Underwriting team is looking for a colleague who is driven by continuous improvement. The successful applicant is a skilled communicator who will provide our clients, advisors and brokers with timely, high-quality service while facilitating the insurance application assessment and acceptance process.

Specific responsibilities

Provide technical expertise in risk assessment based on individual underwriting methods.
Able to work independently on complex insurance applications in accordance with the powers he or she is authorized to exercise.
Assess accurately to an approval limit of $1,000,000 for individual life coverage and $3,500 in disability coverage.
Manage workload effectively by adapting to fluctuating volumes and related pressure.
Communicate directly with the applicants and intermediaries involved regarding decisions affecting the underwriting assessment.
Negotiate with the reinsurer and identify all solutions enabling acceptance of a customer file.
Work with our Partners and Third Party Administrators regarding risk assessment.
Serve as a point of reference for claims files in the incontestability period.
Provide training and act as mentor and coach to junior and intermediate underwriting team members to ensure compliance with standards and proper communication of underwriting decisions.
Contribute to the implementation of continuous improvements.
Take an active role in team meetings and encourage the team to achieve its objectives.

Desired Profile

Bachelor’s degree in business administration, health or other relevant field;
Over 10 years’ experience as an underwriter, including a minimum of 5 years as a senior underwriter;
Completion or near completion of FLMI (Fellow, Life Management Designation) or FALU (Fellow, Academy of Life Underwriting) training is an asset;
Medical and financial knowledge;
Demonstrate an understanding of insurance contracts and legislation accross Canada;
Proficiency in the Office suite;
Bilingual (French and English), you will be in contact with English and French-speaking customers and partners in the course of your duties, both written and oral.

General skills and competencies

Demonstrates proactivity, autonomy and a strong sense of organization;
Has excellent communication skills;
Uses interpersonal skills to create a unique and distinctive interdepartmental experience;
Possesses strong analytical, judgmental and problem-solving skills;
Encourages and fosters a culture of collaboration and continuous improvement
Inspires through self-confidence and values;
Adapts and navigates well in a constantly changing environment.

Are you interested in this position?

Note that our offices are located in Saint-Hyacinthe.