Group Underwriter

Unum Group • Columbia, SC

6d

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

Benefits

• Health, Vision, Dental
• Short & Long-Term Disability
• Generous PTO (including paid time to volunteer!)
• Up to 9.5% 401(k) employer contribution
• Mental health support
• Career advancement opportunities
• Student loan repayment options
• Tuition reimbursement
• Flexible work environments
• healthcare benefits (health, vision, dental)
• insurance benefits (short & long-term disability)
• performance-based incentive plans
• paid time off
• 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree