Life and Critical Illness Underwriting Co-Signer

This is a fully remote position, open to applicants in Canada.

📋 Description

• Assess and make underwriting decisions on life and critical illness insurance applications with approval limits up to $10 million.

• Collaborate with designated underwriters on intricate, high-value, or development-centric files.

• Evaluate underwriting strategies, evidence requested, documentation, decision-making rationale, and the impact on customers/advisors.

• Provide training, coaching, and mentorship to underwriters.

• Cultivate forward-thinking underwriting capabilities utilizing digital tools, AI-driven decision support, data analytics, and ongoing enhancement.

• Encourage consistent adherence to underwriting guidelines, financial and medical underwriting principles, and risk management practices.

• Assist underwriters in comprehending business implications, including requirement ordering, amendments, advisor communication, cycle times, customer experience, persistency, and competitive positioning.

• Efficiently manage co-signing and underwriting tasks while upholding service standards and timely decision-making.

• Offer constructive feedback through case discussions, coaching sessions, office hours, and file evaluations.

• Work in partnership with underwriting leaders, Risk Management, Research, medical directors, and new business teams.

• Identify enhancements to underwriting processes, documentation, training, requirement ordering, and tool utilization.

• Engage in case clinics, coaching sessions, office hours, and training initiatives.

⛳️ Requirements

• At least 5 years of experience in life and critical illness underwriting.

• Proven ability to manage complex and high-value cases effectively.

• Strong understanding of life and critical illness underwriting, including medical, financial, non-medical, product, and persistency aspects.

• Demonstrated capability to mentor, coach, and develop fellow underwriters.

• Excellent analytical, judgment, and problem-solving abilities.

• Capacity to evaluate risk, challenge assumptions, and apply guidelines within a sound business context.

• Exceptional written and verbal communication skills.

• Ability to articulate complex decisions in a clear and constructive manner.

• Proficiency in underwriting technology, digital tools, data insights, and AI-enabled decision support.

• Openness to assist others in adopting new methodologies.

• Ability to exemplify collaboration, curiosity, accountability, adaptability, and continuous improvement.

• A bachelor’s degree in finance, business, health sciences, or a related field is preferred.

• Professional underwriting designations or progress toward FALU, FLMI, ACS, or equivalent credentials are highly desirable.

🏝️ Benefits

• Flexible work environment that promotes learning, growth, well-being, and inclusivity.

• Incentive programs and compensation linked to both business and individual performance.

• Comprehensive health benefits.

• Dental insurance coverage.

• Mental health benefits.

• Vision care benefits.

• Short- and long-term disability insurance.

• Life and AD&D insurance coverage.

• Adoption and surrogacy benefits.

• Wellness programs.

• Employee and family assistance plans.

• Retirement savings plans.

• Pension scheme.

• Global share ownership plan with employer matching contributions.

• Financial education and counseling resources.

• Paid holidays, vacation, personal, and sick leave in Canada.

• Statutory leaves of absence.