The THiNK Blog

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[Reinsurance Career Series] What is a Reinsurance Analyst?

Mar 28, 2017 9:43:40 AM / by Sean Coombes posted in Reinsurance, Reinsurance Analyst, Career

In the words of Drake, if you are reading this, it’s too late ….. to deny that you probably googled ‘what is a reinsurance analyst?’ to get here. But that’s cool, no judging here. I may or may not have done the same before I started my career in reinsurance. In fact, I’m sure a lot of other millennials who currently have a career in reinsurance did the same. Why? Reinsurance is a more traditional industry so there is a lack of knowledge among our generation. BUT as my colleague pointed out – this industry is full of job opportunities for millennials. And if you are one of those curious millennials then you have indeed come to the right place. To kick-start our blog series on careers in reinsurance, I’ll share the ins and outs of my job as reinsurance analyst.

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How to Proactively Manage Underwriting Resources

Mar 23, 2017 4:40:14 PM / by Miguel Ceron posted in Underwriting

Spotify, Netflix, Dollar Shave Club and Amazon Subscribe. What do these have in common? They are all subscription services that make people's lives easier, including mine! Why are services such as these becoming increasingly more popular? In recent years, consumer demands have shifted towards experiences that are customizable, convenient and cost effective. If you are an avid user of any subscription service, you know they definitely cater to this demand. So what does this have to do with managing underwriting resources? 

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Ulcerative Colitis - The Gut Feeling You Get With Critical Illness Underwriting

Mar 22, 2017 10:00:00 AM / by Seema Samad posted in Underwriting, Life Insurance


Many Life Underwriters will tell you that when it comes to underwriting ulcerative colitis, you need to know the cold hard facts, such as:

  • When it was diagnosed,
  • The severity of the disease,
  • And whether it is for life or critical illness (CI) insurance.
It cannot be stressed enough how important it is to have information in excess regarding the details, complications and testing.

The underwriter will want an APS report in addition to the application itself. The more we know about the severity of the condition, the better we can assess the risk.

Ulcerative colitis most definitely can be insurable for CI, but it is often attached with a rating. The size of the rating will be determined by our understanding of the impairment. To better understand the disease, let's take an in-depth look at ulcerative colitis.


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Does My Doctor Know How Much I Really Drink?!

Mar 10, 2017 12:14:49 PM / by Elliott Dickson posted in Underwriting

Picture this. You are visiting the doctor for a check-up, answering a slew of questions to help them understand your current state of health. Waiting slowly but surely for that dreaded question (at least for some of us!) to come up... 'How many drinks do you have on average per week?'. At the risk of sounding 'unhealthy' you fudge the numbers slightly - perhaps subtract one or two or four.

Sound like a familiar confession? Perhaps you leave the appointment thinking - does my doctor really know how much I drink? We'll, I can't speak from a doctor's perspective, but as a life underwriter, this information is something I care about getting to the bottom of. This information is critical to our profession in order to be able to determine over-consumption of alcohol  and its effect on the liver.

I'll be sharing a series of blogs on underwriting liver function to provide fellow underwriters with an informative summary of tests to evaluate liver disorders, and what you can infer from them. But before I dive in, let’s answer the question that is on your mind.

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2017 Insurance Industry Resolution Predictions

Jan 6, 2017 2:28:26 PM / by Megan Gardner posted in Insurance, Reinsurance, Innovation, Social Media

Now that you are back into the swing of things at work you’ve probably overheard or even talked to colleagues about New Year’s Resolutions. Maybe you want to read more books, go to the gym more, dedicate time for a digital detox? You’ve thought about resolutions for your personal life but what about at work?

Aside from perhaps being more organized or clearing out your inbox, have you considered what you hope to achieve as a business or even industry? I was curious to find out what this might look like for the insurance industry. What will its resolutions be for a successful New Year? I went on a mission to find out.

How? You might ask. I looked at our top performing blog topics in 2016 – and there were a few that our readers really sank their teeth into. I figured since these were top of mind in 2016, the industry might be looking to implement strategies around them in the new year. Find out my predictions below.

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9 Questions We Asked our Co-Founders to Inspire Your 2017!

Jan 4, 2017 2:00:00 PM / by Wilson Varghese posted in LOGiQ3 Culture

I've always seen the month of January as the month of inspiration! It's the time of year, where most of us are still elated and motivated by our new year's resolutions.

We've committed to juicing, detoxing, exercising, reading, traveling... you name it! Whatever your commitment to self-improvement or enlightenment, the month of January is where many of us seek inspiration, to help keep us going.

In light of this, we found it appropriate to share some of the things that have inspired our co-founders, our teams and the groups of people who make our family of companies

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[MUST READS] Top 7 Articles Every Underwriting Professional Should Read Before 2017

Dec 29, 2016 4:33:53 PM / by Nick Joly posted in Underwriting, LOGiQ3

I've always found the week leading up to New Year's to be an inspirational yet, emotional week. Inspirational because on any given day, you'll see flashbacks of the year's highlights in Hollywood, Wall Street, Capitol Hill & Silicon Valley. Emotional, because 2016 has been the worst in recent memory with regards to the loss of significant cultural icons. This year we've lost, David Bowie, Alan Rickman, Prince, Mohamed Ali, Arnold Palmer, Alan Thicke, and of course, the beloved Carrie Fisher (and her mother, Debbie Reynolds). 

What a year it has been for us all. But what are some of the highlights for the life underwriting community?

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7 Proven Ways Underwriting Professionals can Benefit from Being on Social Media

Dec 19, 2016 3:50:56 PM / by Nick Joly posted in Underwriting, Social Media

Originally written for, and reprinted with the permission of ON THE RISK, Journal of the Academy of Life Underwriting 

As an underwriting professional, for a long time you likely believed that the experience you needed to advance in your career would come from years of technical underwriting, exposure to complex cases, formal mentoring and coaching, and of course, continued education and gaining credibility by obtaining your FALU and FLMI designations.

With all the resources you need to succeed at an arm’s reach, why bother with social media as an additional component to advancing your career? The majority of you likely already have a social media profile on Facebook, to connect and mingle with your family and friends, or to share photos of your food or your kids. Perhaps, you’ve even set up an account on LinkedIn to occasionally connect with peers and colleagues. I question though, how many of you have reached LinkedIn’s coveted “all-star” profile status? Why bother, right?

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[MUST READS] Top 7 Articles Every Reinsurance Professional Should Read Before 2017

Dec 15, 2016 2:33:42 PM / by Megan Gardner posted in Reinsurance

Can you believe we are already counting down the days until 2017?! I find there are always two types of people around this time of the year. 1) The ones that rush to squeeze everything in before the year ends. 2) The ones that are already looking forward to 2017 and everything they can do to kick off a new year. Whether you are one (or both) of these - this list of must-read articles will be up your alley. 

We put together a list of top articles published in 2016 for reinsurance professionals. They cover everything from navigating treaties to improving reinsurance quality and everything in between! So whether you missed out on these insightful reads in 2016 or are planning for a successful 2017, check out the list below. 

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How Successful People Build Stellar Social Media Profiles on LinkedIn

Dec 14, 2016 4:32:02 PM / by Nick Joly posted in Social Media

Who here has committed to being more social in the new year?! I can tell you that a number of my colleagues have shared with me that 2017 will be their year to be more active on social media, to grow their networks and to make meaningful connections.

Why does this matter? Because successful professionals, do just that.

What leads to being successful as a result of one's profile on LinkedIn? What steps do successful people take in building stellar profiles on LinkedIn vs people who simply have a presence?

The best place to start, is determining what your social media goals will be for the new year. Do you want to simply gain more followers?! Are you looking to make connections with influential professionals? Or are you looking to set yourself apart from your colleagues for a promotion or a job you're after?

Whatever your goal may be, you'll come to see that LinkedIn allows you to position yourself as a thought-leader, ultimately positioning you for success. Here's how you can get started today. 

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