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Underwriting Specialist

Canada Lifeabout 20 hours ago
Winnipeg, Manitoba, Canada
CA$90,400 - CA$140,400/annually
Senior Level
Full-Time

Top Benefits

Career Advancement
Education Reimbursement
Flexible Health Benefits

About the role

Permanent Full Time 

   The Underwriting Specialist will be responsible for the ongoing professional development of our underwriting talent for Individual Life Insurance.  They will work closely with the Medical Board and the Performance Management team to develop individualized training plans aimed at providing the underwriters with the tools necessary to succeed and continue to grow in their role. They are the Underwriter’s resource for risk assessment expertise and assistance navigating our technology platform.   Accountabilities:  

Provide underwriters with daily mentoring and case consultation; fostering a culture of collaboration, critical thinking and customer centricity Develop a comprehensive training plan for each underwriter and continually assess their development needs Co-sign cases above the underwriter’s signing authority limits, ensuring appropriate assessment of medical, non-medical and financial risks and adherence to our underwriting philosophies and guidelines. Conduct regular team meetings to discuss underwriting issues and provide case clinics Review and communicate the underwriter’s quality assurance reviews, providing constructive feedback and development opportunities Promote a positive customer experience by developing and sustaining effective business relations with all key stakeholders (customers, distribution, leaders, etc.) Provide the Assistant Manager with regular feedback for the underwriter’s performance management plans and responsible for completing the quality assessment portion of their annual review.

Provide technical expertise on escalated and complex cases Provide business process and systems expertise in our New Business technology platform including AURA and OnBase Collaborate with Reinsurers, Pricing, Marketing, Medical Department and Actuarial Marketing  on complex cases in an effort to provide the best possible underwriting offers

Participate on projects for the purpose of further developing and improving underwriting expertise, customer experience and marketplace competitiveness Provide coaching and training on location, as well as remotely through Microsoft Teams, Zoom or other platforms

    Qualifications and Competencies:  

Demonstrated coaching skills and comfortable with difficult conversations Superior risk assessment experience (7 + years) and solid expertise working in our New Business system. Comfortable with change and able to actively sponsor and participate in change initiatives Critical thinker Bachelor’s degree in a relevant field FLMI and FALU designations an asset Excellent communication skills, both written and verbal in; comfortable making presentations Effective communicator amongst varied audiences and in challenging circumstances  Decision maker with superb negotiation skills Ability to work with changing priorities and multi-task; able to prioritize effectively Able to deal with escalated complaint situations Foster collaborative relationships across functions in the business using credible and trusted advice Expertise in underwriting CI an asset Possess a continuous improvement orientation, encouraging new approaches and challenging the status quo Bilingualism in English and French considered a strong asset Reliability Status Security Clearance – this can only be completed with candidates who receive an offer of employment. This is a personal security status that is required as a condition of employment before an employee can gain access to Protected B information, assets or work sites as outlined by the Government of Canada  website.  The cost of submitting these checks will be covered by Canada Life. 

The base salary for this position is between $90,400 - $140,400 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you. Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis. Grow with Canada Life  We’re united by a shared purpose: to improve the financial, physical and mental well-being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.   We’re looking for people who live our values everyday: we step up, we do the right thing, and we deliver – for our customers, communities and each other. Are you someone who always strives to do the right thing, who steps up for themselves and others, and who delivers with impact? Then we want to hear from you!  What we offer:   We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member: 

Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement. 

Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being. 

Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.  

Financial Security: Company-matching pension plan, share ownership program and additional investment options. 

Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!   Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.  

Learn more about Canada Life.   We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact  talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Canada Life policies.   Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.  #LI-Remote

About Canada Life

Insurance
5001-10,000

At Canada Life, we’re focused on improving the financial, physical and mental well-being of Canadians. Whether handling policy claims, help growing and protecting clients’ retirement and investment savings, providing workplace mental health support for all employers or helping build stronger communities by investing in community projects, we are committed to putting the customer first in all that we do.

That trust is built on the dedication, skill and energy of our employees and advisors and their commitment to our customers and to our communities.

Canada Life is a subsidiary of Great-West Lifeco Inc. and is a member of the Power Corporation group of companies.

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