Royal Bank of Canada
Job title:
Manager, Living Benefits, Corporate Underwriting
Company
Royal Bank of Canada
Job description
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.
Job Description
What is the opportunity?
You will support the Corporate Underwriting Team through the delivery of underwriting solutions that prioritize modernizing underwriting guidelines, digitization, and analysis of the underwriting risk in a project-based environment. You will enable recognizable, measurable, positive change to RBC’s Life and Health portfolio based on data driven decisions.
What will you do?
- Drive and support strategies that deliver improvements and simplification to underwriting guidelines, procedures and forms routed in experience, medical research and business acumen
- Set corporate underwriting policy through the design of unique underwriting strategies to deliver a superior client experience and drive profitable growth.
- Provide analysis and underwriting opinions on contestable claims
- Proactively look to the industry for trends, developments, and regulatory changes. Focus on continuous improvement. Identify areas of opportunities and bring forward recommendations.
- Contribute to a positive environment through teamwork, a spirit of innovation, and professional development
What will you need to succeed?
Must have:
- At least 5 years underwriting individual disability products with a strong grasp of the Canadian disability insurance market/climate.
- A passion to ignite change within the business, challenging the status quo and simplification. Able to lead change and act as a change agent. Results focused, pro-active and service oriented. Strong attention to detail and accuracy. Ability to work independently and eager to take on responsibility.
- Willingness to pursue continuous underwriting education
- Excellent communication and interpersonal skills with the ability to collaborate across departments and influence stakeholders
- Ability to interpret, assimilate and convey medical research
Nice to have:
- Life and/or Critical Illness underwriting experience be an asset
- Bilingual in both French and English, written and spoken
- Working knowledge of Guaranteed Standard Issue products, DI Office expense, DI Buy-Sell
- Working knowledge and experience of project management framework, product development, underwriting rules engines and risk management
Special Conditions
Please note the successful candidate will have the ability to work out of any province.
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
Job Skills Account Management, Business Oriented, Insurance Finance and Actuarial Concepts, Insurance Industry, Insurance Operations, Insurance Products, Insurance Regulatory Law, Operational Delivery, Product Knowledge, Results-Oriented
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: 2024-01-04
Application Deadline: 2024-01-27
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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Expected salary
Location
Mississauga, ON
Job date
Sat, 06 Jan 2024 02:02:57 GMT
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