Senior Life Underwriter Jobs

Senior Life Underwriter

Why you’ll love this role

Empire Life is growing the Retail Underwriting team and looking to fill several Underwriting roles. We are looking to expand the teams with people 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.

What you’ll be working on

• Provides sound risk decisions and related support to the Sales & Marketing and Retail business line teams
• 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 Manager, Underwriting on any questionable situations
• Provides technical training to junior and intermediate underwriters
• Assesses the mortality and financial risk for individual life insurance applications through an analysis of financial and medical information
• Participates as an active team member and leads assigned projects
• Assesses risk accurately to an approval limit of $3,000,000 for individual life and $1,000,000 for critical illness policies
• Coaches junior and intermediate underwriters to ensure that individual coverage decisions are appropriate, made in a timely manner, and communicated to the appropriate team members
• Provides support to the Sales team in the management of the distribution relationship

What you’ll need to have

• Ability to work within and apply decision methodologies
• 5 – 8 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
• Completion of a university degree in life sciences, nursing or kinesiology
• FLMI with underwriting specialty
• Well-developed coaching and mentoring skills
• Working towards FALU
• Comprehensive knowledge of medical and financial terminology
• Well-developed organizational skills
• Well-developed analytical and problem resolution skills
• Clear writing and verbal communication skills
• Ability to be decisive and show consistently good judgment

It would be nice for you to have

• Knowledge of individual life and health underwriting and advanced financial underwriting are assets
• Bilingualism (English/French) is an asset.

Beyond the salary

For regular full-time positions, Empire Life offers a competitive salary and comprehensive benefits package including:

• Benefits plan
• Current career opportunities
• Learning & development
• Pension plan
• Career choices
• Social club

Get to know us

We’re one of the top 10 life insurance companies in Canada and offer an environment that encourages the pursuit of personal and professional success. At the heart of that success is our focus on customers; we provide protection and financial security for Canadians—with a personal touch.

We acknowledge and reward talent, and support our employees in achieving and exceeding individual and organizational goals. Our goal is to make Empire Life a great place to work, learn and grow, where people can be their true selves, feel they belong and have equal opportunity for growth in their careers. We’re also committed to supporting an inclusive workplace that values diversity.

If you’re looking for an exciting opportunity and the chance to build a career in an innovative and dynamic organization, submit your resume by clicking on Apply.

Empire Life is committed to providing equal access to employment. Empire Life welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the screening and selection process. If you need this job posting in an alternative format please contact [email protected]

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