Lead Underwriter for Life and Health Reinsurance
2 days ago
We are seeking a seasoned Senior Underwriter to join our team in Toronto, Canada. The ideal candidate will have a strong background in underwriting complex cases from both medical and non-medical perspectives, with expertise in life underwriting and critical illness & disability underwriting.
About the RoleThis is a hybrid role that requires the ability to work effectively with senior-level clients and colleagues, providing sound underwriting judgment on facultative cases within approval limits. The successful candidate will also be responsible for developing and maintaining effective working relationships with clients through daily communication and regular visits to their offices.
Key Responsibilities:- Provide expert underwriting judgment on facultative cases, holding signing authority of $5 to $10 million.
- Offer technical support, informed opinions, and general counsel as a trusted partner and underwriting SME.
- Develop and maintain effective working relationships with clients through daily communication and regular visits.
- Regularly update and maintain the most current underwriting requirements on behalf of clients.
- Support Actuarial, Administrative, and Marketing departments and participate in ad hoc inter-departmental projects.
- Conduct client audits to ensure adherence to agreed customer risk profiles, underwriting policies, and operational processes.
- Contribute to initiatives that improve operational efficiencies, mitigate enterprise-wide risk, and ensure underwriting standards are met.
- Bilingual fluency in French and English.
- University-level education in business, finance, or economics-related discipline, combined with at least 8 years of underwriting experience.
- FLMI, AALU, or FALU designation is desirable, or a commitment to undertake skills and leadership training and accreditation.
- Proven track record in managing underwriting and client management responsibilities effectively.
- Refined verbal and written communication skills to articulate complex information to stakeholders.
The successful candidate will be paid a competitive compensation package, commensurate with the level, status, and responsibilities of the role, estimated to be around $120,000 - $150,000 per annum, depending on location and experience. Our company values diversity and is committed to creating an inclusive environment for all employees.
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