
Director, Underwriting Risk Management
- Waterloo, QC
- 105.000-180.000 $ par an
- Permanent
- Temps-plein
- Support the AVP, Underwriting Risk Management
- Promote excellence and consistency in underwriting risk assessment across SLF Canada
- Develop and deliver life, critical illness and disability underwriting training schools for SLF Canada Underwriting Teams
- Develops and conducts underwriting reviews/audits for Individual, Group Medical Underwriting (GMU) and Client Solutions (CS) underwriting teams. Recommends periodic changes to the review programs and ensures action plans are completed
- Continuously contributes to development of the organization's Underwriting philosophies by monitoring emerging trends and best practices. Recommends and implements changes to underwriting philosophies, methodologies, practices, processes and technologies
- Provides deep technical leadership and underwriting risk perspective on product development, medical, financial, and non-medical underwriting, application revisions and new business processes
- Champions and advocates for a positive and consistent underwriting client experience for all clients of SLF Canada
- Participates in, coordinating reinsurance audits and ongoing communications regarding changes to underwriting policies
- Leads the team responsible for rescissions and contestable claim reviews
- Keeps abreast of medical underwriting developments, emerging trends and industry practices.
- Acts as a senior underwriting resource for complex underwriting cases, providing deep technical expertise, consulting with Legal, Medical and Chief Underwriter as necessary to resolve escalations
- Ability to engage and influence internal stakeholders and business leaders on matters pertaining to underwriting risk management, philosophies, methodologies, practices, processes, technologies and strategy
- Minimum of 10 years Life and Health Underwriting experience including 5 years in a leadership role
- Previous authority limit of $5,000,000 life insurance and $1,000,000 critical illness insurance with a minimum of two years of experience at that level
- Comprehensive understanding of risk management policies and framework
- Experience with multiple lines, products and distribution channels
- Understanding of the financial impact of underwriting decisions to the Company
- Proven effective interpersonal and leadership skills
- Excellent communication and interpersonal skills with proven partnership capabilities
- Comfortable navigating in a matrix organization
- Strong influencing and negotiation skills
- University degree, with preference given to medical, science, mathematics, legal, or business.
- Completion of or working towards recognized professional qualifications including Fellowship, Academy of Life Underwriting (FALU) and Fellowship Life and Health Claims (FLHC)
- Willingness to represent SLF on industry associations and committees
- Willingness to travel as needed
- As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only as the position includes managing both French and English-speaking staff (Quebec and outside Quebec) and providing daily support to the team.
- A caring, supportive, and inclusive culture
- Supportive leadership who’s focused on your success and well-being
- Continuous improvements that focus on enhancing your work and our clients’ experience #makeadifference
- Sustainability commitments to create a cleaner, more inclusive and sustainable future for our communities
- Flexible Benefits from the day you join to meet the needs of you and your family
- Pension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making contributions
- Stock Ownership Program gives you the chance to invest in Sun Life and get a company match
- Paid vacation based on experience, 5 Care Days available for self-care or care of others (i.e., family or others you may support) and 10 Sick Days to support your well-being
- Our unique Sabbatical Program gives you the opportunity to take up to 6 weeks off, every five years