Underwriting Consultant

Description:

Canada Life, one of Canada's most respected and long-standing life insurance companies, is seeking a Bilingual (French/English) Underwriting Consultant to join its underwriting team. The successful candidate will contribute to Canada Life’s mission of delivering top-tier insurance services while maintaining a balance between customer satisfaction, risk evaluation, and regulatory compliance.

This is a permanent, full-time hybrid position. The role may be located in any of the company’s head offices: London, Toronto, Montreal, Winnipeg, or Regina.

Key Responsibilities:

• Perform comprehensive underwriting assessments for individual life insurance cases, ensuring risk classification aligns with company policies and risk profiles.

• Review and analyze financial, medical, and personal documents to assess client eligibility and risk factors.

• Collaborate and communicate effectively with internal teams and field advisors to ensure a positive customer journey and timely decisions.

• Maintain compliance with industry regulations, internal standards, and privacy laws.

• Provide exceptional service to advisors and partners while supporting sales with sound underwriting decisions.

• Engage in ongoing professional development, mentoring, and continuous process improvements.

Required Skills & Qualifications:

• Proven underwriting experience with strong analytical and risk-assessment capabilities.

• Strong decision-making skills based on financial, medical, and non-medical information.

• Minimum 5 years in the insurance underwriting field, ideally with large case exposure.

• Excellent communication and collaboration skills, with the ability to negotiate and liaise with reinsurers.

• Self-motivated, organized, and able to handle competing priorities effectively.

• Proficiency in both French and English to support clients from diverse jurisdictions.

Preferred Qualifications:

• FALU (Fellow, Academy of Life Underwriting)

• FLMI (Fellow, Life Management Institute)

• Other related certifications or designations in insurance or underwriting

Why Join Canada Life:

• Competitive compensation and incentive programs

• Financial support for professional education and certifications

• Flexible hybrid work model

• Mentorship from experienced underwriting professionals

• Strong commitment to diversity, equity, and inclusion

• Employee wellbeing, career development, and continuous learning are organizational priorities

About Canada Life:

Canada Life serves over 13 million customers across Canada and operates in Europe and the U.S. as part of the Power Financial Corporation group. With a legacy of over 175 years, it remains a market leader in life insurance, health insurance, investment, and retirement savings.