Senior Life Underwriting Consultant

2 months ago


Mississauga, Ontario, Canada RBC - Royal Bank Full time
Job Summary

This role 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.

Key Responsibilities
  • 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
Requirements
  • 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
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


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