Life and Living Benefits Underwriting Consultant

**Job Summary**

Provides expertise and guidance for the development and enforcement of organizational underwriting guidelines, policies and processes. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.

**What is the opportunity?**

This position is responsible assessing morbidity through a comprehensive risk evaluation process comprised of health, financial, lifestyle, occupation and personal history within pre-determined authority levels. The incumbent would be in a full production environment. The process is aligned with product pricing, with the mandate of acquiring and maintaining profitable business. Strategic priorities encompassed within the role include high quality client service and robust risk assessment.

**What will you do?**
- Provide superior client-focused underwriting service which balances sales objectives within risk tolerance and profitability objectives that contributes positively to persistency and reputation in the marketplace
- Ensure competitive underwriting recommendations are consistently made on a timely basis to RBC clients in order to place business that is consistent with RBC pricing and profitability objectives
- Seek new opportunities to reduce new business acquisition costs by reducing department wastage through increased modified offers, reconsiderations and offer additional products on declines, postpone and rated policies
- Ensure audit results are within acceptable ranges
- Maintain quality of underwriting decisions in all areas of UW as determined through audits by management, GRM, Internal Audit and Reinsurers

**What will you need to succeed?**

**Must have**:

- Minimum 3 to 5 years of Individual Life or Living Benefits Underwriting experience
- Analytical - synthesize complex or diverse information, collect and research data, use intuition and experience to complement data
- Problem Solving - gather and analyze information skillfully
- Strong oral and written communication skills
- Teamwork - contribute to building a positive team spirit
- Motivation - demonstrate persistence and overcome obstacles; measure self against standard of excellence as well as motivating others

**Nice to have**:

- Working knowledge encompassing the underwriting risk evaluation of Disability and Critical Illness insurance products

**Special Conditions**

**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

RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values - including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives - so you can focus on what you can do best - putting clients first.

**Job Skills**

Client Counseling, Communication, Financial Statement Analysis, Life Insurance, Medical Informatics, Pricing Strategies, Results-Oriented, Risk Assessments, Underwriting

**Additional Job Details**

**Address**:
MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

**City**:
MISSISSAUGA

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
INSURANCE

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2025-05-06

**Application Deadline**:
2025-05-24

**I**nclusion** and Equal Opportunity Employment**

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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