Risk Management Executive

7 days ago


Mississauga, Ontario, Canada Teachers Life Insurance Full time
Job Description

The Risk Management Executive plays a pivotal role in ensuring the success of our organization's underwriting and claims departments. This leader is responsible for overseeing the entire underwriting process, from application intake to policy issuance, with a focus on delivering exceptional results while minimizing risk.

This position requires a strong technical background in underwriting and claims management, as well as excellent leadership and communication skills. The ideal candidate will have a proven track record of driving business growth, improving operational efficiency, and fostering a culture of excellence within their team.

  • Key Responsibilities:
  • Oversee the underwriting process, including data entry, follow-up on pending applications, and release of underwriting decisions
  • Provide technical leadership on product development, medical underwriting, and new business initiatives
  • Manage all claims activity across internal and external partnerships, providing final claim decisions and ensuring timely and accurate processing
  • Lead and coach risk staff in their service delivery and development, providing second-level review and approval of work as needed
  • Liaise with Finance team and provide key audit documents to support the annual fiscal audit

Required Skills and Qualifications:

  • Minimum 10 years of life and disability or critical illness underwriting experience, with 2 or more years of proven leadership experience; direct experience in managing risk mitigation activities
  • Completion or pursuit of underwriting education or a professional underwriting background (FLMI, CLU, CRM), preferred
  • Strong user of Microsoft Office programs (Excel, Word, PowerPoint)
  • Able to interpret, assimilate, and apply numerous guidelines, reports, and data to set and manage priorities
  • Bachelor's Degree or post-graduate diploma in business management, finance, or related discipline


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