Manager, Underwriting - Waterloo, Canada - Equitable

Equitable

Verified Company

Waterloo, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

At Equitable Life of Canada, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential.

Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and customer-responsive staff.

Join Equitable Life today.

Reports To:
VP, Chief Underwriter

Department:
Individual

Term:
Permanent Full-Time

Work Arrangements:

We are currently working remotely, and we will be moving to a hybrid model when our office renovation is complete (approximately November 2023), coming into the office a minimum of 2 days per week, every other week on designated days.

The Opportunity:
Equitable is growing We are looking for an Underwriting Manager to lead our team of Individual Underwriters

Now is an exciting time to join one of the Waterloo Region's Top Employers for 2023

What you will be doing:

Ensure strong technical risk assessment of individual life and critical illness insurance
Accountable for ongoing underwriting workflow and workload balancing, individual and team goals, process management, people management, support and development, recommendations for system changes to increase effectiveness and efficiency of processes, implementation of divisional plans and priorities at the team level and input into the establishment and implementation of team and team member goals and priorities
Recruit, develop and retain highly cohesive and motivated team, evaluating individual and team performance, conducting annual staff performance appraisals
Deliver timely positive and constructive feedback to team members and the implementation of the annual performance and talent review process
Results focused in promoting continuous improvements finding the right balance between quality and quantity of underwriting
Build relationships with key brokerage firms and internal distribution partners, coach team to do the same
Partner with leaders in underwriting and Ind Insurance to meet strategic goals
Focus on clear and timely communication with underwriting team, leadership, and both internal and external partners
Manage and support crossfunctional projects, that contribute to department, division, and corporate goals

What you will bring:

College or University degree or equivalent experience
5+ years of Individual Insurance knowledge and underwriting experience
Knowledge of individual products and underwriting policies, procedures, workflow and admin systems
Proven skills in leadership and employee development
Ability to negotiate and thrive in crossfunctional environment
Appreciation of the complexities of the Individual marketplace and competition (MGA and WFG)
Excellent analytical and problem solving ability
Excellent written, verbal and product knowledge skills, ability to impart knowledge to others work in a team environment
Ability to work independently with mínimal supervision and consult regularly with Chief Underwriter
Proactive and service orientated, results focused with a sense of urgency
FLMI / FALU designation or currently working towards

What's in it for you:

A healthy worklife balance with employee wellness top of mind
Annual bonus program, annual vacation allowance, and companypaid benefits program
An additional paid volunteer day each year so you can spend time giving back to the community
Immediate enrollment in the company's pension program with employer matching
Employee resource groups that support an inclusive work environment
Tuition support and specialized program assistance
A company subsidized cafeteria with a variety of daily options
Discounts on company products and services, and access to exclusive employee perks
Regular EQ Together events focused on company togetherness and collaboration

As part of the recruitment/offer process you will be required to: