Senior Underwriting Consultant, BMO Insurance

Overview

The Underwriter is accountable for assessing the early death and early incidence of a critical illness for the purpose of determining accurate underwriting mortality and morbidity. This role assesses complex medical and avocational histories including current financial concepts in the Individual Life insurance space. It evaluates individual risk in accordance with established underwriting principles within their signing authority. Strong critical thinking, communication, negotiation, and interpersonal skills are required, along with advanced knowledge of current industry trends and data & analytics skills.

Accountabilities

Medical/Non-Medical/Financial Underwriting

• Follow the underwriting principles, directives, guidelines & manuals to assess the underwriting risk for New Business applications, Policy Changes for various product lines and distribution channels (Advisor, Direct, Creditor).
• Calculate appropriate age/amo...