Senior Life Underwriter
Location: 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.
Why pursue this opportunity
Join a transforming business - we are a medium-sized Canadian company in a stable industry that emphasizes the importance of innovation to use industry-leading technology.
The role - this is a new position and your chance to join a growing team, while being provided the opportunity to make an impact.
The environment - we understand the importance of work-life balance and strive to provide a supportive work environment that allows our employees to achieve both personal and professional goals.
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 salary
For 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.
Get to know us
Empire life is proud to be an equal opportunity employer. We celebrate diversity, are committed to creating an inclusive environment, and welcome everyone to participate in our application process. We encourage those of all backgrounds and experiences to apply, even if you don't believe you meet each unique qualification outlined. Applicants will receive equal consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.
Empire Life is proud to be an equal opportunity employer, dedicated to building an inclusive and barrier-free workplace. We welcome applications from people with disabilities and are committed to providing accommodations at any stage of the recruitment process. If you require a specific adjustment to help you present your best self, please let us know-we are happy to work with you. If you need this job posting in an alternative format or have any accessibility questions, please contact recruitment@empire.ca.