Sr Underwriting Consultant in Toronto, ON

$100K - $150K(Ladders Estimates)

Reinsurance Group Of America   •  

Toronto, ON M4E 3Y1

Industry: Finance & Insurance

  •  

11 - 15 years

Posted 55 days ago

Position Overview

Reporting to the Director, Underwriting, the Sr Underwriting Consultant assumes responsibility for the risk selection in order to meet departmental objectives.

Responsibilities

  • Underwrites the most complex facultative underwriting risks, according to RGA underwriting guidelines
  • Possesses a superior understanding of both medical and financial underwriting techniques, and stays current on related industry trends and advancements
  • Ability to apply technical knowledge to the most complex case work
  • Has a solid understanding of high net worth sales concepts and their application in the market, and can teach this to others
  • Provides superior technical expertise and support to client companies
  • Demonstrates ability to work productively in high pressure environment and with the most demanding clients
  • Acts independently on the most complicated cases, within specified authority
  • Co-signs cases from more junior underwriters and provides guidance, training and mentoring
  • Actively supports the department management by providing input, assisting in training, leading team discussions, participating in projects, and being a positive contributor to the resolution of technical or client issues
  • Liaises with other RGA departments to share knowledge and assist with client projects, as necessary
  • Participates in RGA events and industry activities & fosters relationships with key clients

Requirements

  • College diploma or University degree or equivalent working experience
  • 11+ years of experience in direct or reinsurance underwriting, working in High Net Worth and large case underwriting
  • Proven track record in risk selection with complex substandard cases, large case underwriting, and application of advanced sales concepts.
  • FLMI or FALU designations, or significant progress towards obtaining these or other related industry designations
  • Bilingual French/English (oral and written) an asset

Skills:

  • Superior knowledge of medical terminology, insurance and contract law, and accounting principles as applied to risk selection
  • Ability to handle the risk selection on complex co-morbidities and large lines
  • Ability to make complex decisions based on limited data, and explain the basis of those decisions
  • Excellent critical thinking skills
  • Excellent analytical and problem solving skills
  • Solid time management & organizational skills
  • Ability to read and comprehend a large volume of advanced medical and complex financial information in a timely fashion
  • Works as a positive influencer with the team and actively contributes to ideas and solutions
  • Proactively builds strong interpersonal relationships with colleagues and clients
  • Excellent oral and written communication skills
  • Self motivated, flexible and creative
  • Strong client focus


Valid Through: 2019-9-17