Senior Underwriting Consultant
1 month ago
About the Role
We are seeking a highly skilled Senior Underwriting Consultant to join our team at Manulife. As a key member of our underwriting team, you will be responsible for managing risk and ensuring that our underwriting decisions are aligned with our company's goals and objectives.
Key Responsibilities
- Audit underwritten applications to ensure that underwriting decisions, correspondence, and processing were followed in accordance with established guidelines and policies.
- Monitor new business application and policy change trends for risk indicators and take action accordingly.
- Review potential nondisclosures for contract rescission and assist management with book of business reviews.
- Review contestable claims for potential misrepresentation during underwriting.
- Provide underwriting subject matter expertise on cases in litigation.
- Assist in the oversight of underwriting operational controls to ensure that internal processes are compliant with all Risk, Legal, Regulatory, and Privacy requirements.
- Support management with underwriting risk assessments and recommendations on new product or business initiatives.
Requirements
- 7 or more years of underwriting experience working at high approval limits.
- Strong knowledge of Manulife's Individual Insurance business/products and operations across underwriting, new business, policy service, and claims.
- Great communication skills, fluency in French language is an asset.
- Intermediate or higher experience with MS Office suite including Excel, PowerBI, and PowerPoint, with a desire and ability to develop advanced skills.
- Curiosity combined with strong analytical skills; ability to define, research, and resolve problems.
- Demonstrated ability to prioritize and work independently under deadlines.
- Growth mindset with ability to be flexible and exercise judgment in a changing environment.
- Strong organizational, communication, and interpersonal skills.
- Strong knowledge of medical science, technology, and terminology and their impact on mortality and morbidity.
What We Offer
- A competitive salary and benefits packages.
- A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
- A focus on growing your career path with us.
- Flexible work policies and strong work-life balance.
- Professional development and leadership opportunities.
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