Associate Underwriting Consultant

At Equitable, 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 client-responsive staff. Join Equitable today.

Position Title: Associate Underwriting Consultant
Reports To: Manager, Underwriting
Department: Individual Underwriting
Term: Permanent Full-Time
Work Arrangements: You will work from your home office 100% of the time. You may be required to be in-person at our office in Waterloo, ON or another assigned location within the Waterloo Region, on an as needed basis. Sales related roles may be required to travel based on the assignment.

The Opportunity: Equitable is growing! We are looking for an Associate Underwriting Consultant to join our Individual Underwriting team! This position is critical to Equitable’s success and is a great opportunity to work at one of Waterloo Region’s Top Employers while developing skills for the future.

What you will be doing:

1. Superior underwriting technical knowledge in both medical and financial underwriting
2. Providing educational presentations to underwriting
3. Providing training sessions to underwriters including mentoring senior underwriters on large case financial concepts.
4. Excellent understanding of legalities of underwriting processes
5. Assist Chief Underwriter on medical cases
6. ECG Interpretations
7. Assist the Senior Underwriting Consultant with semi-annual technical underwriting audits on the underwriting team
8. Co-sign for all levels of underwriters in the department
9. Assist with the review of fraudulent claims
10. Assist with the handling of rescissions from underwriting
11. SME for underwriting projects and projects that impact underwriting
12. Assist the Senior Underwriting Consultant with planning and execution of Underwriting training day
13. Assist in promoting a positive environment in the underwriting department
14. Responsible for Competitive analysis and benchmarking to keep Equitable current on our applications, exclusion wording, policy procedures and preferred guidelines
15. Responsible for developing underwriting pieces for the RSM and advisors such as build tables and updating the UW admin guide
16. Responsible for benchmarking and ongoing, updating of our applications, paramedical forms, change applications and electronic applications
17. Assist AVP Chief underwriter on business cases for underwriting initiatives

What you will bring:

1. Excellent analytical and problem-solving ability, strong medical knowledge
2. Excellent written, verbal and product knowledge skills, ability to impart knowledge to others work in a team environment
3. Good knowledge of Windows/Word as well as Internet and keyboarding skills
4. Proactive and service orientated, results focused.
5. Sound medical knowledge, accurate and timely processing provides a quick decision to agent/broker
6. Underwriting customer service to the field, communication of incorrect information could cause delay in issue of policies, loss of agent’s confidence/business
7. Consultation with Medical Director, reinsurers on unusual medical questions ensuring that the company is not at increased risk
8. Project work as designated by manager, includes audits of MIB, underwriter files to ensure accuracy and appropriate development of our underwriters as well as self development, seminars, conferences, studying publications, LOMA
9. FLMI / FALU designation or currently working towards
10. Consistent accountability of quality, quantity of work with positive audit results
11. 15 hours per year designated participation to education enhancement to remain current with medical knowledge and industry underwriting trends

What’s in it for you:

1. A healthy work-life balance with employee wellness top of mind
2. Annual bonus program, annual vacation allowance, and company-paid benefits program
3. An additional paid volunteer day each year so you can spend time giving back to the community
4. Immediate enrollment in the company’s pension program with employer matching
5. Employee resource groups that support an inclusive work environment
6. Tuition support and specialized program assistance
7. An onsite full-service cafeteria with a variety of daily options
8. Discounts on company products and services, and access to exclusive employee perks
9. Regular EQ Together events focused on company togetherness and collaboration

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

1. Provide two professional references (minimum one supervisor and above)

This role is open due to an existing vacancy.
To learn more about Equitable, we encourage you to explore our organization.
At Equitable, we are committed to providing equal access to employment opportunities across our organization. Please contact our HR team at careers@equitable.ca if you would like to receive our job postings in an alternative format or require an accommodation with the application process.

Job Family: Individual Contributor - Non Transactional