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Underwriting Consultant, Individual Insurance

  • Employer: iA Financial Group
  • Office: 1080, Grande Allee West
  • City: Québec
  • Province: Quebec
  • Job category: Health and Medical Services
  • Job ID: JR10009692
  • Job type: Permanent Job Full time
  • Apply before: 2021-08-20

Company Overview

iA Financial Group is the fourth largest life and health insurance company in Canada and offers a wide range of products for all stages of life and to meet the needs of clients across its vast sales network. Founded in 1892, iA Financial Group’s stability and solidity make it an employer of choice that invests in its employees and their development over the long term.

With operations across Canada and in the United States, iA Financial Group and its over 5,000 employees work hard every day to offer the best service to over four million clients.

Description

Reporting to the Manager of Partnership, the Underwriting Consultant is an expert in providing support to the MGA/Sales force in regards underwritten cases for life, critical illness and disability insurance and to the sales force as well.  The incumbent displays exceptional competences in communication and all levels of risk selection, including medical and non-medical factors, testing procedures, reinsurance practices, complex sales- and product-related concepts, and financial underwriting.   

Your roles will be:

Underwriting:

Assess/review the most complex individual insurance applications for life, critical illness and disability insurance products for cases brought to your attention.  Provide the most competitive underwriting decisions, taking into consideration the relationship with the MGA and the underwriting guidelines.

Sales force Competency Development:

Provide answers to MGA/sales force on underwriting issues (explanation of decisions, questions on processes or UW rules etc.) to facilitate progression of complex files, by phone or email. Perform preliminary analysis of underwriting files Take part in meetings with sales force Collaborate closely with iA’s distribution teams to understand the evolution in the Canadian market and proactively respond to identified needs​ Promote the adoption of the tools and provide training to MGAs on new business processes and underwriting guidelines ​ Identify and recommend opportunities for improvement according to the MGAs feedback for New Business and Underwriting Operations​ Presentation/training on underwriting topics to MGAs (e.g. new guidelines) Relationship-building with networks

Requirements:

College or University degree in a health sciences or related field or equivalent experience in an underwriter role.

Advanced knowledge in underwriting principles gained from a minimum of 12 years underwriting experience, where the most recent years were spent in a senior underwriting role. Attainment of the Fellow, Academy of Life Underwriting (FALU) designation or working towards it. Proven track record in underwriting quality. Excellent analytical and problem-solving skills Strong knowledge of underwriting systems and manuals, both for insurers and reinsurers. Client- and advisor-centric with a continuous improvement mindset. Strong communication skills, both written and oral.  Bilingualism in English and French is an asset Aptitude for negotiation, organization and multi-tasking. Excellent presentation skills. Comfortable in learning and applying new technologies.

Working at iA Financial Group

We consider our employees to be our most important investment and we have a lot to offer them. Find out more about iA.

Our Commitment

iA Financial Group is committed to having an equal access employment program and welcomes applications from women, visible minorities, Aboriginal peoples and disabled persons. Any use of the masculine form is to simplify the text and includes the feminine form.

Also, we are committed to fostering a workplace that promotes diversity and inclusion. We can provide accommodation in our recruitment and selection processes to applicants with disabilities where required. Please contact your Recruiter, or send an email to acquisitiontalents-talentacquisition@ia.ca.