- Senior
Job Description
What is the opportunity?
You will support the broader Corporate Underwriting strategy and RBC Insurance through the delivery of innovative underwriting solutions including product development, financial underwriting, creation and maintenance of guidelines, portfolio insights, as well as accelerating the underwriting business. This is a non-production underwriting role.
What will you do?
• Set underwriting policy through the design of unique underwriting strategies to deliver a superior client experience and drive profitable growth.
• Represent Corporate Underwriting on multidisciplinary projects impacting product development, claims efficiencies, mortality monitoring and data science.
• Drive and support strategies that deliver improvements in underwriting philosophy.
• Act as a key resource to our life production underwriters.
• Build a strong technical knowledge as it relates to risk assessment to develop colleagues through coaching and training opportunities
• Proactively identify and action industry trends, developments, and regulatory changes
• Provide analysis and underwriting opinions on contestable claims rescissions and represent the organization as the underwriting expert in the event of litigated cases
What will you need to succeed?
Must have:
• Senior Life Insurance underwriter with 7+ years of experience and a strong grasp of individual life insurance products.
• A passion for your profession and igniting change within the business, challenging the status quo and finding new innovative ways to assess risk
• Strong technical background in risk management with interest in continuing development, underwriting efficiencies, guidelines and automated underwriting rules sets
• Excellent written communication, presentation skills, stakeholder engagement and relationship building skills
Nice to have:
• Bilingual French/English (written, oral)
• Critical Illness and/or Disability underwriting experience would be an asset
• Working knowledge of project management framework
• FALU or working towards
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
• RBCI software tools to boost your productivity
RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.
Job Skills
Client Counseling, Coaching Others, Communication, Insurance Products, Knowledge of Claims, Life Insurance, Medical Informatics, Results-Oriented, Risk Assessments, UnderwritingAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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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 jobs.rbc.com.