Underwrites and oversees the selection of risk of large complex life applications. Manages underwriting services to contribute to the achievement of financial objectives including profitability, production and persistency of clients; developing underwriting processes, standards and programs, and reporting results.
Responsibilities
* Selects and classifies risks according to company philosophy and standards.
* Make decisions within approval and/or viewing limit up to $15,000,000, up to age 85, substandard approval limit up to 500%; limits established based on experience.
* Assists others with resolving complex issues while ensuring adherence to underwriting standards and objectives.
* Participates in department initiatives; assists in recommending/implementing changes to improve productivity, profitability, growth and quality.
* Provides mentoring, training and coaching.
* Manages retention.
* Maintains profitable mortality experience.
* Analyzes and interprets medical, non‑medical and financial information.
* Determines appropriate requirements.
* Reviews and provides signatures on referrals from underwriters.
* Identifies and provides solutions to work related problems and issues.
* Communicates and collaborates with the field and home office to provide the highest quality service levels to customers.
* Maintains positive and effective relationships with internal and external partners.
* Participates in major projects.
* Complies with all company and site policies and procedures.
* Remains current in profession and industry trends.
* Successfully completes regulatory and job training requirements.
* Performs other duties as assigned.
Required Skills
* Highly developed knowledge of underwriting function.
* Large, complex case expertise with prior approval authority of at least $10M.
* Ability to adapt to change and excel in a fast‑paced environment.
* General awareness of current affairs, industry issues and trends, both corporate and external.
* Solid knowledge of insurance contract law and state legislative requirements.
* Strong knowledge of insurance products (plans, riders, benefits) and illustrations and how they are marketed.
* Strong knowledge of reinsurance marketplace to work proactively with the field where reinsurance is an opportunity.
* Thorough understanding of automatic reinsurance agreements.
* Highly developed knowledge of medical science, technology and terminology and their impact on mortality.
* Highly developed knowledge of financial and other non‑medical underwriting factors.
* Thorough knowledge of product pricing.
* Strong organizational, communication and interpersonal skills.
* Strong analytical kills, ability to define, research and resolve problems.
* Proven ability to work successfully in a remote environment.
* Ability to create and maintain customer relationships.
* Ability to prioritize and work effectively under deadlines balancing published service times with an appropriate customer focus.
* Ability to comprehend, retain and apply current technical information to daily work issues.
* Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement.
* Ability to work with others in a collaborative team environment.
Required Experience
Minimum 7 -10 years underwriting experience
Education/Licenses/Professional Designations
* College degree required, equivalent work experience in life Underwriting may be considered
* FLMI, FALU and ACS designations or current coursework toward earning certificates
Remote Systems Requirements
High speed internet connection required
Compensation
Base Salary Range - $120,000 - $155,000 #J-18808-Ljbffr
Responsibilities
* Selects and classifies risks according to company philosophy and standards.
* Make decisions within approval and/or viewing limit up to $15,000,000, up to age 85, substandard approval limit up to 500%; limits established based on experience.
* Assists others with resolving complex issues while ensuring adherence to underwriting standards and objectives.
* Participates in department initiatives; assists in recommending/implementing changes to improve productivity, profitability, growth and quality.
* Provides mentoring, training and coaching.
* Manages retention.
* Maintains profitable mortality experience.
* Analyzes and interprets medical, non‑medical and financial information.
* Determines appropriate requirements.
* Reviews and provides signatures on referrals from underwriters.
* Identifies and provides solutions to work related problems and issues.
* Communicates and collaborates with the field and home office to provide the highest quality service levels to customers.
* Maintains positive and effective relationships with internal and external partners.
* Participates in major projects.
* Complies with all company and site policies and procedures.
* Remains current in profession and industry trends.
* Successfully completes regulatory and job training requirements.
* Performs other duties as assigned.
Required Skills
* Highly developed knowledge of underwriting function.
* Large, complex case expertise with prior approval authority of at least $10M.
* Ability to adapt to change and excel in a fast‑paced environment.
* General awareness of current affairs, industry issues and trends, both corporate and external.
* Solid knowledge of insurance contract law and state legislative requirements.
* Strong knowledge of insurance products (plans, riders, benefits) and illustrations and how they are marketed.
* Strong knowledge of reinsurance marketplace to work proactively with the field where reinsurance is an opportunity.
* Thorough understanding of automatic reinsurance agreements.
* Highly developed knowledge of medical science, technology and terminology and their impact on mortality.
* Highly developed knowledge of financial and other non‑medical underwriting factors.
* Thorough knowledge of product pricing.
* Strong organizational, communication and interpersonal skills.
* Strong analytical kills, ability to define, research and resolve problems.
* Proven ability to work successfully in a remote environment.
* Ability to create and maintain customer relationships.
* Ability to prioritize and work effectively under deadlines balancing published service times with an appropriate customer focus.
* Ability to comprehend, retain and apply current technical information to daily work issues.
* Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement.
* Ability to work with others in a collaborative team environment.
Required Experience
Minimum 7 -10 years underwriting experience
Education/Licenses/Professional Designations
* College degree required, equivalent work experience in life Underwriting may be considered
* FLMI, FALU and ACS designations or current coursework toward earning certificates
Remote Systems Requirements
High speed internet connection required
Compensation
Base Salary Range - $120,000 - $155,000 #J-18808-Ljbffr
Lead Underwriting Consultant in montgomery at Unknown Company
This position is listed as contract and able to be worked remotely.