Senior Underwriting Consultant @ SCOR

Finance & Banking (1)

The Life and Critical Illness Insurance Underwriting Consultant provides expert facultative underwriting support for large and/or complex cases, delivering timely, high‑quality risk assessments in line with client and service standards. The role applies advanced medical and financial underwriting judgment, communicates clear and well‑reasoned decisions to client underwriters and stakeholders, and collaborates closely with clients to obtain information and develop effective risk solutions. Acting as a trusted advisor, the Consultant supports client relationships, implements retrocession requirements, and contributes to industry and internal initiatives while operating with a high level of autonomy and professionalism.

Minimum of 8 years of Underwriting experience with at least 5 years in a senior underwriting position including a high approval authority ($8 million per life minimum;$1 million for CI)
Bilingual in English and French preferred
Excellent oral and written communication skills
Self-motivated and autonomous
Demonstrated successful track record working with field force and/or sales representatives and when applicable, client company underwriters
Demonstrated progress toward completion of ALU/LOMA education program would be an asset
Demonstrated ability to work effectively with all levels within SCOR
Ability to adapt to change routinely and support the goals of the underwriting unit and the company through teamwork
PC literacy in Word Office products, Excel, and Underwriting systems

SCOR welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Location: Remote (Canada)

Pay Range for roles performed in Toronto: $122,500-$149,000 CAD base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.

Apply sophisticated underwriting procedures to assess complex and/or large medical and financial risks for facultative clients, recognizing instances where deviations from guidelines are applicable
Strong working knowledge of Life and Critical Illness Insurance products
Interact with clients to secure specialized or supplementary information; develops alternative solutions when routine/usual methods do not work and provides excellent customer service through understanding, patience and innovation.
Communicate with all levels of client’s underwriters and other company management personnel, explaining the reasoning and theory which surrounds an underwriting impairment, problem and/or decision
Keep up-to-date with current medical topics, current economics, geopolitical developments, and business environment as well as changing / new financial evaluation concepts and measures
Function effectively and professionally within a team with little supervision
Understand and effectively implement all SCOR retrocession schedules
Ability to attend and participate in client liaison including: external client audits, client visits and relationship management;
Ability to provide case referral/co-sign abilities as needed
Active participation in the insurance industry, for example being a member on a committee, attending conferences, writing white papers or presentations for clients or at various conferences
Other duties as required including special projects

Senior Underwriting Consultant

SCOR

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