3+ years of experience as a Life and Critical Illness Underwriter, FLMI / FALU designation or currently pursuing it, Strong analytical and problem-solving skills, Excellent communication and relationship-building abilities..
Key responsabilities:
Conduct risk assessment for life and critical illness products
Manage daily work volumes to meet service standards
Provide mentorship to junior underwriters
Ensure compliance with legislative and regulatory requirements.
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At Equitable our belief in the power of working together guides how we work with each other. How we help our clients and partners. And how we support the communities where we live and work. Together, with partners and advisors across Canada, we offer Individual Insurance, Group Insurance and Savings and Retirement solutions.
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But we're not your typical financial services company. We have the knowledge, experience and ability to find solutions that work for you. We're friendly, caring and interested in helping. And we're owned by our participating policyholders, not shareholders. So we can focus on your interests and provide you with personalized service, security and wellbeing.
At Equitable, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and client-responsive staff. Join Equitable today.
Position Title: Underwriter, Senior
Reports To: Manager, Underwriting
Department: Individual Underwriting
Term: Permanent Full-Time
Work Arrangements: You will work from your home office 100% of the time. You may be required to be in-person at our office in Waterloo, ON or another assigned location within the Waterloo Region, on an as needed basis. Sales related roles may be required to travel based on the assignment.
The Opportunity: Equitable is looking for a Senior Underwriter to join our Individual Insurance team! The Senior Underwriter plays a key role in risk assessment for both life and critical illness products. This position is critical to Equitable success and is a great opportunity to work at one of Waterloo Region’s Top Employers while developing skills for the future.
What you will be doing:
Apply strong and holistic underwriting expertise in all areas of underwriting, including medical, financial and non-medical risk factors
Consistently provide a superior quality of work
Manage volumes of daily work independently to ensure service standards are met
Provide a first-class client experience
Comply with legislative requirements, consumer regulation and reinsurance treaties as they apply to privacy, disclosure and risk classification
Contribute to continuous enhancement of underwriting processes and procedures
Provide mentorship to other underwriters, offering guidance and sharing your expertise
What you will bring:
Superior technical knowledge in medical, financial, and non-medical underwriting
Comfortable in a dynamic work environment with the flexibility to adapt to shifting priorities
Excellent analytical and problem solving abilities
Strong reinsurance relationships with excellent negotiation skills
Strong communication skills, written and verbal
Excellent relationship skills – proactive and service-oriented is key!
3+ years of demonstrated professional experience as a Life and Critical Illness Underwriter
FLMI / FALU designation or currently working towards
Commitment to continuous learning and participation in education enhancement to remain current with medical knowledge and industry underwriting trends
Good knowledge of MS Office Suite
What’s in it for you:
A healthy work-life balance with employee wellness top of mind
Annual bonus program, annual vacation allowance, and company-paid benefits program
An additional paid volunteer day each year so you can spend time giving back to the community
Immediate enrollment in the company’s pension program with employer matching
Employee resource groups that support an inclusive work environment
Tuition support and specialized program assistance
An onsite full-service cafeteria with a variety of daily options
Discounts on company products and services, and access to exclusive employee perks
Regular EQ Together events focused on company togetherness and collaboration
As part of the recruitment/offer process you will be required to:
Provide two professional references (minimum one supervisor and above)
This role is open due to an existing vacancy.
To learn more about Equitable, we encourage you to explore our organization.
At Equitable, we are committed to providing equal access to employment opportunities across our organization. Please contact our HR team at careers@equitable.ca if you would like to receive our job postings in an alternative format or require an accommodation with the application process.
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Required profile
Experience
Industry :
Insurance
Spoken language(s):
English
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