Full-Time

Underwriting Consultant

Posted on 12/20/2024

Manulife Financial

Manulife Financial

10,001+ employees

Provides insurance, investment, and retirement solutions

Fintech
Financial Services

Compensation Overview

CA$84.4k - CA$151.9kAnnually

+ Incentive Programs + Incentive Compensation

Senior

Remote in Canada

Category
Insurance
Finance & Banking
Required Skills
Customer Service
Requirements
  • You are continuously learning – currently enrolled or very interested in insurance-related courses such as LOMA and/or ALU courses.
  • Demonstrated professional experience as underwriter, at least 5 years of experience.
  • Approval limit of at least $5,000,000 in life insurance and $250,000 in critical illness insurance.
  • Be on the lookout for trends and changes in medicine, knowledge of human anatomy, medical terminology, diseases, tests, and modes of treatment.
  • General awareness of current events, industry issues and trends.
  • Excellent analytical skills with the ability to define, research and solve problems.
  • Excellent mentoring skills.
  • Exemplary customer service skills and excellent oral and written communication skills.
  • Putting our customers first. You are committed to finding the right solutions. You go the extra mile because it's the right thing to do.
  • Ability to understand, preserve and apply current technical information to everyday work problems.
  • Demonstrate your knowledge of pricing tools, systems, and processes as well as your ability to articulate the underlying principles and philosophies.
  • You are well organized with great attention to detail.
  • You are adaptable and flexible in the face of change.
  • You have strong partnership and communication skills.
  • Excellent decision-making and critical thinking skills.
  • Strong analytical and problem-solving skills.
  • Be able to work under tight deadlines.
Responsibilities
  • Conduct risk assessment and classification in accordance with Manulife's philosophy and standards.
  • Communicate and collaborate with sales colleagues and head office to provide the highest quality and competitive decisions to our clients.
  • Maintain positive and effective relationships with internal and external partners.
  • Consistently deliver the best customer experience by making every interaction meaningful.
  • Comply with consumer laws and regulations regarding risk classification, confidentiality, and disclosure.
  • Identify and propose solutions to problems and procedures related to the underwriter's work.
  • Promote an atmosphere of trust with all clients to facilitate the acceptance of decisions.

Manulife provides a variety of financial services, including life and health insurance, wealth management, and retirement solutions. Their products help individuals, businesses, and institutions manage financial risks and grow their wealth. Manulife generates revenue through premiums from policyholders, fees for managing assets, and investment income. The company uses advanced analytics and technology to offer personalized services, setting it apart from competitors. Manulife's goal is to assist customers in achieving their financial dreams and aspirations while fostering a supportive work environment for its employees.

Company Stage

IPO

Total Funding

N/A

Headquarters

Toronto, Canada

Founded

1887

Simplify Jobs

Simplify's Take

What believers are saying

  • Blockchain adoption in wealth management enhances transparency and efficiency.
  • Issuing subordinated debentures strengthens Manulife's capital base.
  • Partnerships for cancer screening enhance corporate social responsibility.

What critics are saying

  • Competition from fintechs could erode Manulife's market share.
  • Decentralized finance platforms threaten traditional wealth management.
  • Regulatory scrutiny on ESG practices may require enhanced sustainability initiatives.

What makes Manulife Financial unique

  • Manulife leverages advanced analytics for personalized financial services.
  • The company integrates wearable technology into insurance programs for better customer engagement.
  • Manulife's global presence spans North America, Asia, and Europe.

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