Assistant Vice President, Assistant Chief Underwriter

Permanent Full Time 

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We are seeking an experienced and detail-oriented Assistant Vice President, Assistant Chief Underwriter to join our underwriting team. The ideal candidate will assist in leading underwriting operations, ensuring compliance with company policies, and driving risk assessment strategies. This role requires strong analytical skills, leadership capabilities, and extensive knowledge of underwriting practices.

What will you do:

• Assist the Chief Underwriter in managing underwriting processes and policies.  
• Ensure underwriting decisions align with company guidelines and risk tolerance through the review of quality assurance reviews and process audits.  
• Provide leadership and guidance for training and development of underwriters.  
• Collaborate with actuarial, claims, and risk management teams to enhance underwriting strategies.  
• Stay updated on industry trends, regulations, and emerging risks.  
• Develop and implement training programs for underwriting personnel.  
• Review and refine underwriting guidelines to maintain efficiency and profitability.  

What will you bring:

• Bachelor’s degree or equivalent work experience.  
• Professional designations such as FLMI, or FALU.
• Experience in life and living benefits underwriting.
• Minimum of 15 years of underwriting experience, with at least 3 years in a leadership role.  
• Strong understanding of risk assessment, insurance products, and regulatory requirements.  
• Knowledge of reinsurance and claims evaluation a strong asset.
• Excellent decision-making and problem-solving skills.  
• Strong communication and interpersonal abilities.  
• Proficiency in underwriting software and data analysis tools.

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The base salary for this position is between  $123,300 - $205,500 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).  If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

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