Full-Time

Underwriting Consultant

Confirmed live in the last 24 hours

Sun Life

Sun Life

10,001+ employees

Provides life, health insurance, and financial services

Financial Services

Compensation Overview

$78k - $128kAnnually

Mid

Montreal, QC, Canada + 5 more

More locations: Winnipeg, MB, Canada | Toronto, ON, Canada | Kitchener, ON, Canada | Quebec City, QC, Canada | Halifax Regional Municipality, NS, Canada

Hybrid working environment; flexibility to work from home and in the office.

Category
Insurance
Finance & Banking
Requirements
  • Bilingualism (French, English, both oral and written) is required for Quebec only as the position reports to a unilingual English-speaking manager outside Quebec
  • Minimum 3 years of experience as an Individual Life Underwriter
  • Existing Life and Critical Illness signing authorities
  • Bachelor's degree or equivalent
  • Analytical, judgement, problem-solving and decision-making skills
  • Knowledge of medicine and risk factors
  • Service-oriented attitude with interpersonal skills to work collaboratively with our internal and external partners
  • Proven ability to meet tight deadline, work under pressure prioritizing multiple tasks
  • Specialized training: ALU certificate and commitment to ongoing education with a goal of attaining the Fellow, Academy of Life Underwriting (FALU) and Fellow, Life Management Institute (FLMI) designations
Responsibilities
  • Analyze medical, personal and financial information to evaluate eligibility for applications submitted for Life and Critical Illness Insurance products
  • Assess and classify risk. Gather additional information, obtain medical tests or refer cases as required
  • Approve cases within authority limit. Submit cases exceeding limits to be co-signed
  • Where decisions are unfavourable for the client, try to negotiate a better decision from our reinsurers, in accordance with reinsurance treaties and internal rules
  • Liaise with business leaders and advisors delivering exceptional service and expertise
  • Communicate and explain decisions effectively to financial security advisors and/or client’s physician as required
  • Respond to inquiries from financial advisors and general agents without revealing confidential content
  • Maintain medical knowledge and stay current on underwriting approaches

Sun Life offers a variety of financial services, including life insurance, health insurance, financial planning, and investment solutions. Their products are designed to help individuals, businesses, and institutions achieve financial security and improve their overall well-being. Sun Life operates in multiple regions, including Canada, the United States, Asia, and Europe, which allows them to serve a diverse client base. The company generates revenue through insurance premiums, fees for financial planning services, and returns from investment products. A key aspect that sets Sun Life apart from its competitors is its commitment to sustainability, with a goal of reaching net zero emissions by 2050.

Company Stage

IPO

Total Funding

N/A

Headquarters

null, null

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Sun Life's consistent recognition as a Top Workplace indicates a positive work environment and strong employee satisfaction.
  • The company's strategic appointments, such as Maya Beri as CIO and Randy Lianggara as president of emerging markets in Asia, suggest a focus on leadership and growth in key regions.
  • Sun Life's philanthropic efforts, including significant donations and grants, reflect a strong commitment to community support and corporate social responsibility.

What critics are saying

  • The competitive landscape in global financial services requires Sun Life to continuously innovate to maintain its market position.
  • Economic fluctuations and regulatory changes in diverse markets could impact Sun Life's financial performance and strategic initiatives.

What makes Sun Life unique

  • Sun Life's commitment to sustainability, aiming for net zero emissions by 2050, sets it apart in the financial services industry.
  • The company's diverse product offerings, including life and health insurance, financial planning, and investment solutions, cater to a wide range of clients globally, unlike competitors with narrower focuses.
  • Sun Life's innovative technology, recognized by awards like the HKB Technology Excellence Awards, enhances client engagement and service delivery.

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