Senior Life Underwriting Consultant

Job Summary

Job Description

What is the opportunity?

This position is responsible for applying sound and strategic underwriting judgement in evaluating mortality risks with a focus on large and complex cases. The incumbent will ensure delivery of best in class underwriting solutions that exceed the needs of our advisors and clients. The incumbent will provide proactive and timely service and case updates to external and internal partners. This role is in an operational environment and will also provide co-signing support for less tenured underwriters.

What will you do?

• Embrace and champion a philosophy of continuous improvement in risk acumen
• Ensure competitive underwriting offers are consistently delivered on a timely basis which are consistent with RBC pricing and profitability objectives
• Exercise creativity and sound judgment to find risk solutions for complex medical and financial cases
• Cultivate and maintain relationships with internal and external sales partners including wholesalers, advisors and MGAs
• Partner and negotiate with reinsurers to drive optimal outcomes balancing risk and client outcomes
• Assist in the development of underwriters through regular constructive feedback, meaningful referrals and co-signs
• Promote a culture of excellence, one that balances operations and risk and puts the client at the centre of everything we do
  
  

What will you need to succeed?

• Minimum 10 years of demonstrated experience as a Life underwriter with experience in the affluent and high net worth markets
• Signing authority of $5M+
• Strong communication skills
• Growth mindset and philosophy of continuous improvement
• Strong collaborator and negotiator
  
  

Nice to have

• Bilingual in French and English
• Actively working (or completed) towards the completion of industry designations (FALU, FLMI, CHS)
  
  

Special Conditions

The successful candidate will have the ability to work out of any province.

What's in it for you?

• A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans
• Competitive pay and high-earning potential
• All the tools, training, and team support you need to grow your career
• Flexible work/life balance options
• Sophisticated RBCI software tools to boost your productivity
  
  

Job Skills

Client Counseling, Coaching Others, Communication, Financial Statement Analysis, Life Insurance, Medical Informatics, Performance Management (PM), Results-Oriented, Risk Assessments, Underwriting

Additional Job Details

Address:

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

City:

MISSISSAUGA

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

INSURANCE

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-10-15

Application Deadline:

2024-11-01

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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