full-timeOakville$57k - $85k

Summary

Location

Oakville

Salary

$57k - $85k (CAD)

Type

full-time

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About this role

 

Permanent Full Time 

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We are looking for a Bilingual Underwriter, Individual Customer New Business  to join our team.

 

In this role you will be responsible for medically and financially assessing applicants for individual disability insurance and critical illness insurance based on our underwriting guidelines.   Risk selection includes medical underwriting, non-medical underwriting, financial underwriting, legal underwriting, compliance, sales and marketing.  It is a career of continuing education through on the job learning, attending seminars, and industry courses such as LOMA and Academy of Life Underwriting (ALU).  A successful underwriter is one who negotiates effectively with reinsurers and develops strong, service-oriented relationships with our distribution partners including advisors and our wholesaling teams.

 

If you are interested in this opportunity, ask yourself:

 

  • Are you looking for an opportunity for growth?
  • Looking for a challenging career which requires lifelong learning?
  • Able to analyse complex information and make critical decisions efficiently?
  • Are you a dedicated and productive employee?
  • Are you resilient to change and focused on continuous improvement?
  • Are you known to have a high degree of accuracy and to be detail oriented?
  • Do you stand out with your team spirit?
  • Are you a self-starter with strong abilities to work independently?
  • Are you always looking out for the customer’s best interest?
  • Do you have a command of English and French, both spoken and written?
  • Do you have technical expertise in disability and/or critical Illness insurance?
  • Do you demonstrate strong technical aptitude and computer skills?
  • Do you have experience with Ingenium, Onbase, and Aura systems?

 

If you answered yes to most or all the above questions, you could fit the role!

 

 

As an Underwriter, you will be accountable for:

 

  • Determining insurability and assessing risks according to our company’s underwriting philosophy, standards and guidelines.
  • Analyzing medical and financial information and other non-medical evidence
  • Accurately and fully updating the system records to reflect all underwriting decisions, including required amendments
  • Ensuring compliance requirements have been followed and documented
  • Discussing underwriting decisions with medical directors, underwriting specialists, reinsurers and our advisors and distribution partners
  • Providing excellent customer service and building positive relationships with all internal and external clients.
  • Regularly attending events and training related to the insurance industry to refresh and develop your knowledge.
  • Handling risk and non-risk tasks within a policy
  • Multitasking between several systems with shifting priorities
  • Providing ideas to help improve handling times and processes
  • Focus on client experience by always keeping an awareness of the broad picture

 

Eligibility Requirements:

 

  • Post secondary diploma OR University Degree
  • Knowledge of anatomy, psychology, medical conditions and accounting an asset
  • Bilingualism (fluent in French and English) required, as the position will regularly serve our clients with English and French-speaking needs. 

     

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The base salary for this position is between  $57,100minimum - $85,600 maximum annually.  This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).  If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

 

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

 

Be your best at Canada Life- Apply today!

 

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

 

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

 

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

 

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact [email protected].

 

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

 

#LI-Hybrid

Other facts

Tech stack
Bilingualism,Medical Underwriting,Financial Underwriting,Legal Underwriting,Compliance,Customer Service,Risk Assessment,Analytical Skills,Detail Oriented,Negotiation Skills,Technical Aptitude,Computer Skills,Insurance Knowledge,Relationship Building,Multitasking,Continuous Improvement

About The Canada Life Assurance Company

At Canada Life, we’re focused on improving the financial, physical and mental well-being of Canadians. Whether handling policy claims, help growing and protecting clients’ retirement and investment savings, providing workplace mental health support for all employers or helping build stronger communities by investing in community projects, we are committed to putting the customer first in all that we do.

That trust is built on the dedication, skill and energy of our employees and advisors and their commitment to our customers and to our communities.

Canada Life is a subsidiary of Great-West Lifeco Inc. and is a member of the Power Corporation group of companies.

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Insurance

What you'll do

  • The Underwriter will assess applicants for individual disability and critical illness insurance, determining insurability and analyzing medical and financial information. They will also ensure compliance with underwriting guidelines and maintain positive relationships with clients and distribution partners.

Ready to join The Canada Life Assurance Company?

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Frequently Asked Questions

What does The Canada Life Assurance Company pay for a Bilingual Underwriter?

The Canada Life Assurance Company offers a competitive compensation package for the Bilingual Underwriter role. The salary range is CAD 57k - 86k per year. Apply through Clera to learn more about the full compensation details.

What does a Bilingual Underwriter do at The Canada Life Assurance Company?

As a Bilingual Underwriter at The Canada Life Assurance Company, you will: the Underwriter will assess applicants for individual disability and critical illness insurance, determining insurability and analyzing medical and financial information. They will also ensure compliance with underwriting guidelines and maintain positive relationships with clients and distribution partners..

Why join The Canada Life Assurance Company as a Bilingual Underwriter?

The Canada Life Assurance Company is a leading Insurance company. The Bilingual Underwriter role offers competitive compensation.

Is the Bilingual Underwriter position at The Canada Life Assurance Company remote?

The Bilingual Underwriter position at The Canada Life Assurance Company is based in Oakville, Ontario, Canada. Contact the company through Clera for specific work arrangement details.

How do I apply for the Bilingual Underwriter position at The Canada Life Assurance Company?

You can apply for the Bilingual Underwriter position at The Canada Life Assurance Company directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about The Canada Life Assurance Company on their website.