Royal Bank of Canada
Job title:
Senior Life Underwriting Consultant
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?This position is responsible for applying sound and strategic underwriting judgement in evaluating mortality risks with a focus on large and complex cases. The incumbent will ensure delivery of best in class underwriting solutions that exceed the needs of our advisors and clients. The incumbent will provide proactive and timely service and case updates to external and internal partners. This role is in an operational environment and will also provide co-signing support for less tenured underwriters.What will you do?
- Embrace and champion a philosophy of continuous improvement in risk acumen
- Ensure competitive underwriting offers are consistently delivered on a timely basis which are consistent with RBC pricing and profitability objectives
- Exercise creativity and sound judgment to find risk solutions for complex medical and financial cases
- Cultivate and maintain relationships with internal and external sales partners including wholesalers, advisors and MGAs
- Partner and negotiate with reinsurers to drive optimal outcomes balancing risk and client outcomes
- Assist in the development of underwriters through regular constructive feedback, meaningful referrals and co-signs
- Promote a culture of excellence, one that balances operations and risk and puts the client at the centre of everything we do
What will you need to succeed?
- Minimum 10 years of demonstrated experience as a Life underwriter with experience in the affluent and high net worth markets
- Signing authority of $5M+
- Strong communication skills
- Growth mindset and philosophy of continuous improvement
- Strong collaborator and negotiator
Nice to have
- Bilingual in French and English
- Actively working (or completed) towards the completion of industry designations (FALU, FLMI, CHS)
Special ConditionsThe 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 Client Counseling, Coaching Others, Communication, Financial Statement Analysis, Life Insurance, Medical Informatics, Performance Management (PM), Results-Oriented, Risk Assessments, UnderwritingAdditional Job DetailsAddress: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGACity: MISSISSAUGACountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: INSURANCEJob Type: RegularPay Type: SalariedPosted Date: 2024-10-15Application Deadline: 2024-11-01Inclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at .
Expected salary
Location
Mississauga, ON
Job date
Thu, 17 Oct 2024 02:25:03 GMT
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