You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.
Director, Underwriting Risk Management, Sun Life Canada
The Director, Underwriting Risk Management for Sun Life Canada will be recognized in the Canadian insurance underwriting community as a high performing underwriting leader who thrives on the challenge of applying innovative problem solving skills to improve the client onboarding experience. Through active, hands on leadership this leader will foster a forward thinking, collaborative, results-oriented environment for professional underwriters across Sun Life’s Canadian business units.
Supports 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.
Position Requirements and Qualifications:
Minimum of 10 years Life and Health Underwriting experience including 5 years in a leadership role
Previous authority limit of $7,500,000 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
Education, Certifications & Other Requirements:
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.
The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.
Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.
Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to firstname.lastname@example.org.
We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.
92,000/92 000 - 150,300/150 300
Underwriting - Individual
Posting End Date: