Senior Life UnderwriterLocation: Anywhere in Canada
The total target compensation (TTC) range, including salary and target bonus, is $78,698 - $125,350. This TTC range is applicable to permanent roles only; fixed-term contract and casual roles are not eligible for annual bonus and would receive only the base salary component. The actual base salary offered within this range will be determined by the successful candidate's skills and experience, as well as internal equity.
Empire Life is looking to hire a Senior Underwriter to join our Retail Underwriting team! We are actively seeking candidates to fill a current, open position.
What you'll be working on
- 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 sound risk decisions and related support to the Sales & Marketing and Retail business line teams
- Assesses the mortality and financial risk for individual life insurance applications through an analysis of financial and medical information
- Provides support to the Sales team in the management of the distribution relationship
- 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
- Participates as an active team member and leads assigned projects
- Provides technical training to junior and intermediate underwriters
What we're looking for you to have- 3+ 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
- Knowledge of individual life and health underwriting and advanced financial underwriting are assets
- Comprehensive knowledge of medical and financial terminology
- Bilingualism (English/French) is an asset
- FLMI with underwriting specialty
- Working towards FALU
- Completion of a university degree in life sciences, nursing or kinesiology
- Well-developed analytical and problem resolution skills
- Ability to be decisive and show consistently good judgement
- Well-developed coaching and mentoring skills
- Well-developed organizational skills
- Clear writing and verbal communication skills
- Ability to work within and apply decision methodologies
- If you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, or employees across Canada.
- Our hiring process includes AI screening for keywords and minimum qualifications. Recruiters review all results.
Beyond the salaryFor permanent full-time positions, Empire Life offers a comprehensive total rewards package that includes:
- Hybrid work model
- Competitive salaries with annual pay increases
- Annual bonus program, which recognizes both strong company performance and individual contributions, for non sales positions
- Access to learning & development programs, and education/tuition reimbursement (role dependent), to support your professional growth and career advancement.
- Competitive uncapped commission, for sales positions
- A comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, health and dental and a generous health account
- Flexible work arrangements and an annual allotment of personal health days.
- Four weeks annual vacation from hire date
- A defined contribution pension plan with generous employer matching
- Top up programs for parental leave and compassionate leave
- Employer-sponsored wellness and recognition programs
- A cash employee referral program
To learn more about working at Empire Life, visit https://www.empire.ca/workatempire.
