Associate Underwriting Consultant - Innovation

Position Title: Associate Underwriting Consultant – Innovation
Reports To: Director, Individual Underwriting Strategy and Planning
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 and we are looking for an Associate Underwriting Consultant, Innovation, to join our fantastic team. 

In this role, you will be part of our Underwriting Innovation Team where you will be responsible for the risk management of our various underwriting tools and application forms. You have a strong commitment to improving the insurance-buying experience with the right risk solutions.  You play a key role in supporting the growth of our business, our clients, and the success of our underwriting team.

This position is critical to Equitable’s success and is a great opportunity to work at one of Waterloo Area and Southwestern Ontario’s Top Employers!  

What you will be doing:

• Audit and monitor the performance of underwriting tools (rules engine, predictive analytics) to ensure decisions are risk appropriate and within an acceptable risk threshold.
• Provide subject matter expertise to improve underwriting application questions, rules engines, and predictive analytics using data, competitive analysis and behavioural science principles.
• Drive the prioritization and execution of key enhancements to the systems supporting our underwriting team, working collaboratively with our new business and delivery teams.
• Assist with various cross-functional projects, bringing underwriting risk lens
• Ensure positive change management for our clients and internal teams
• Build strong relationships with our technology, new business, product, pricing and analytics teams. 
• Research and analysis as required, producing written summary or presentation of findings and recommendations to senior management.
• Explore and make recommendations for new internal and external innovation partnerships.
• Comply with legislative requirements, consumer regulation and reinsurance treaties as they apply to privacy, disclosure and risk classification 
• Contribute to the progress of your team, the spirit of creativity, and professional development
• Bring a high level of integrity and professionalism in everything you do
• Provide a first-class client experience 

What you will bring:

• Superior analytical, decision-making, and problem-solving skills
• Client focus with a pro-active mindset
• Exceptional knowledge in medical, financial, and non-medical underwriting
• Comfortable in a dynamic work environment with the flexibility to adapt to shifting priorities
• Owners’ mindset for meeting individual and team goals
• Strong communication skills, written and verbal
• Fluency in using data as an underwriting tool or the willingness to learn 
• Overall curiosity in all that you do 
• Bachelor’s degree or equivalent 
• 7+ years of demonstrated professional experience as a Life and Critical Illness Underwriter, ideally with experience supporting underwriting tools, application questions and underwriting projects
• FLMI / FALU / CPU designation(s) or currently working towards them
• Commitment to continuous learning and participation in education enhancement to remain current with medical knowledge and industry underwriting trends
• Bilingual in English, French, Cantonese, Mandarin is an asset 

What’s in it for you:

• A healthy work-life balance with employee wellness top of mind
• Annual bonus program, annual vacation allowance, and company-paid 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
• An onsite, full-service 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:

• Provide two professional references (minimum one supervisor and above)