Life Underwriting Consultant Senior | Remote
About The Position
Under limited supervision, the Life Underwriting Consultant Senior assesses medical and financial risk for routine and complex cases with sign-off authority up to $5,000,000, and assigns the appropriate risk class. The role communicates underwriting decisions to producers or FMOs and works with internal distribution to communicate offers when needed. It also mentors less experienced underwriters and may travel to deliver presentations at industry events and to distribution partners. The position reports to the Manager Underwriting. The consultant independently reviews difficult formal and informal cases, including medical records, medical exams, financial documents, telephone interviews, and other underwriting requirements, to determine an appropriate risk class in accordance with company guidelines. The role documents risk assessments and decisions in the system application; communicates decisions with field distribution, agents, and FMOs; and builds rapport by explaining strategies for presenting adverse decisions, company products, requirements, and underwriting philosophy. It also corresponds with internal and external customers about case status, participates in department projects, shares expertise, and uses artificial intelligence tools and resources.
Requirements
- At least 4 years of experience in life or long-term care underwriting.
- Four-year degree in business, communications, or a medical field, or equivalent work experience.
- Ability to travel up to 10% for field visits and other activities.
- Legally authorized to work in the United States without requiring immigration sponsorship now or in the future.
Responsibilities
- Assess medical and financial risk for routine and complex cases up to $5,000,000 sign-off authority and assign the appropriate risk class.
- Independently review medical records, medical exams, financial documents, telephone interviews, and other underwriting requirements for difficult formal and informal cases.
- Determine risk class assessments in accordance with company guidelines.
- Document risk assessment information and underwriting decisions in the system application.
- Communicate underwriting decisions to producers, FMOs, field distribution, and agents, and coordinate offers with internal distribution when necessary.
- Educate distribution partners about strategies for presenting adverse decisions, as well as company products, requirements, and underwriting philosophy.
- Correspond with internal and external customers about case status, including distribution partners, the medical community, reinsurers, and vendors.
- Mentor less experienced underwriters and share knowledge with underwriters and Enterprise Operations employees as needed.
- Participate in department projects as assigned.
- Use artificial intelligence tools and resources, including generative AI.
- Travel and deliver presentations at industry events and to distribution partners as needed.
Benefits
- Choice of comprehensive medical plan options
- Dental insurance
- Vision insurance
- Flexible spending and health savings accounts
- Tuition reimbursement
- Student loan retirement program
- Generous annual paid leave
- 401(k) company match
- Life insurance
- Discounted campus amenities, including an onsite health center, child development center, fitness facility, convenience store, and two cafeterias
- Employee Resource Groups
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What This Job Offers
Job Type
Full-time
Career Level
Senior
