Group Underwriter

Unum•Columbia, SC

8d•$45,600 - $86,200•Hybrid

About The Position

This position reports into the Underwriting Manager or Director for the products they underwrite and is responsible for the evaluation and selection of risk (binding via contract) which ensure the profitable acquisition of new policyholders and the continued profitable retention of inforce cases within assigned authority levels and product types. This position may also assist in the training, technical development and mentoring of Associate Underwriters.

Requirements

4 year college degree preferred or equivalent work experience
Consistently meet quality and quantity standards as outlined by department expectations
Strong risk management skills
Strong knowledge of products for which they underwrite
Knowledge of benefits and features of all applicable products
Understanding of relevant enrollment platforms, their capabilities and limitations
Effective written and spoken communication
Ability to develop negotiation and influencing skills
Proactively seeks guidance and knowledge from others
Ability to understand financial concepts
Basic understanding of UW tools with assisted guidance in analysis
Makes solid, fact-based decisions within their limit
Awareness of key performance and sales metrics of assigned territories
Relies on others to determine appropriate questions
Involves others in decisions and key activities
Thoroughly documents rationale for decisions, noting appropriate levels of approval
Seeks out mentorship

Responsibilities

Make appropriate risk selection based on the facts presented in applications or request for insurance
Fully document reasons and thought processes to support case decisions made
Assist in the analyzing and identifying early and ongoing risk trends
Develop personal credibility with sales force, key brokers, customers both external and internal customers and field management
Support Unum/Colonial Life’s commitment to privacy and safeguarding confidential information by accurately verifying applicant’s key individual identifiers
Assist in supporting the achievement of specific top-line, bottom-line growth
Develop technical expertise in risk selection
Develop selection and retention of customers through accurate risk assessment
Deliver dependable, accurate and timely service and build relationships with all customers, consistent with the company’s commitment to achieving a distinct competitive advantage
Process all reinstatement applications and support policy level applications from the queues as needed to support and meet departmental unit goals
Identify efficiency improvements to include new and better ways to handle Underwriting tasks through automation and training