Underwriting Associate

Toronto, ON, Canada

Job Description

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You are as unique as your background, experience and point of view. Here, you\xe2\x80\x99ll be encouraged, empowered and challenged to be your best self. You\'ll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you\'ll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world. : The Underwriter is responsible for the individual assessment of evidence of insurability for applicants\xe2\x80\x99 requesting personal health, life, critical illness insurance sold through Sun Life Advisors and through our direct to client application. The individual would conduct a review of complex medical and financial information to determine the classification of risk exercising sound and accurate judgement.

As a member of the team, the Underwriter communicates with various sources, assesses evidence of insurability and executes underwriting decisions, adhering to quality and service level standards. What will you do?
  • Provides technical expertise in assessing morbidity and mortality risks using an individual underwriting methodology
  • Interprets business financial statements and tax forms to calculate earned income
  • Works independently on complicated applications within approval authority
  • Communicates directly with applicants and benefit administrators on underwriting decisions
  • Handles difficult phone calls from applicants who have been declined or approved substandard for insurance coverage
  • Provides support in implementing continuous improvements
  • Actively participate in team meetings and supporting the team with its objectives
  • Inspire the trust of others and work with integrity
What do you need to succeed?
  • Excellent verbal and written communication skills with the ability to be persuasive in negative situations and write clearly and informatively
  • Well organized individual with strong analytical skills, excellent problem solving ability and attention to detail
  • Must have a positive attitude and commitment to quality service
  • Ability to remain calm under pressure
  • Must be a strong team player
  • Inspires the trust of others
  • Comfort with ambiguity; track record of success at turning vague information into sound underwriting decisions
  • Completed or working towards Fellow, Life Management Institute (FLMI) or Fellow, Academy of Life Underwriting (FALU) is an asset
What\'s in it for you?
  • An environment of continuous learning and improvement
  • A friendly, collaborative and inclusive culture
  • Flexible Benefits from the day you join to meet the needs of you and your family
  • Pension, stock and savings programs to help build and enhance your future financial security
  • Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives
The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results. Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds. Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com. At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs. We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted. Salary Range: 40,500/40 500 - 66,000/66 000 Job Category: Underwriting - Individual Posting End Date: 11/04/2023

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Job Detail

  • Job Id
    JD2143864
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned