Underwriting Consultant, LA

1 week ago


Toronto, Ontario, Canada BMO Full time
Job Summary

We are seeking a highly skilled Underwriting Consultant to join our team at BMO. As an Underwriting Consultant, you will be responsible for assessing and managing risk associated with life insurance applications. This is a challenging and rewarding role that requires strong analytical and communication skills.

Key Responsibilities
  • Assess and evaluate complex medical and financial information to determine the level of risk associated with life insurance applications.
  • Develop and implement underwriting strategies to manage risk and ensure compliance with regulatory requirements.
  • Collaborate with internal stakeholders, including medical doctors and actuaries, to ensure accurate and consistent underwriting decisions.
  • Communicate complex underwriting decisions to clients and internal stakeholders in a clear and concise manner.
  • Stay up-to-date with industry trends and developments, and apply this knowledge to improve underwriting practices and processes.
Requirements
  • 5-10 years of experience in an underwriting environment.
  • ALU II certification or working towards FALU certification.
  • Strong analytical and problem-solving skills, with the ability to interpret complex data and make sound decisions.
  • Excellent communication and interpersonal skills, with the ability to work effectively with internal stakeholders and clients.
  • Bilingualism in French and English is an asset.
What We Offer

BMO offers a competitive salary and benefits package, as well as opportunities for professional growth and development. We are committed to creating a diverse and inclusive work environment, and we welcome applications from qualified candidates from all backgrounds.



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