Life Underwriting Consultant

Transamerica

5d•$85,000 - $105,000•Remote

About The Position

The Life Underwriting Consultant is responsible for ensuring effective risk selection of reviewed cases. The role involves frequent interaction with Underwriting, New Business, and distribution groups. Approval authority is up to $2,500,000–$5,000,000 through all tables and all ages, with the ability to evaluate cases up to $7,500,000. The position requires proficiency in the tasks and expectations of Underwriter, Intermediate Underwriter, and Senior Underwriter. The consultant demonstrates leadership, tactical planning and execution, sound judgment on complex cases, and ongoing learning in the underwriting profession. The role also includes mentoring and providing consultative services to subordinates, improving processes using Lean knowledge, and asking value-added questions to support focused decisions and customer success. The position is remote. The stated annual salary range is $85,000–$105,000. It is typically eligible for an annual bonus of 12.5%, subject to the Company Bonus Plan, individual performance, and company discretion.

Requirements

Bachelor’s degree or an equivalent combination of education and experience.
A minimum of 6 years of life or health underwriting experience.
Demonstrated skill in AWD or a similar system.
MS Office skills.
Risk assessment skills.
Strong platform skills.
Strong financial analytical skills.

Nice To Haves

Ability to multitask and prioritize.
Excellent verbal and written communication skills when working with different levels of internal and external audiences.
Ability to meet high productivity demands for self and staff.
Strong decision-making and problem-solving skills.
Ability to work independently and possibly in a remote setting with a virtual environment and team.

Responsibilities

Ensure effective risk selection of cases reviewed.
Interact frequently with Underwriting, New Business, and distribution groups.
Demonstrate competency in the tasks and expectations of Underwriter, Intermediate Underwriter, and Senior Underwriter.
Demonstrate leadership within the team and underwriting department.
Plan and execute underwriting objectives tactically, individually and as part of a team.
Make complex case decisions, be comfortable with those decisions, and defend them.
Continue learning within the underwriting profession.
Mentor subordinates and provide consultative services to them.
Seek process improvements and apply Lean knowledge to demonstrate business results.
Ask value-added questions to clarify cases, focus decisions, and support customer success.

Benefits

Competitive pay
Annual bonus for eligible employees
Pension plan
401(k) match
Employee stock purchase plan
Tuition reimbursement
Disability insurance
Medical insurance
Dental insurance
Vision insurance
Employee discounts
Career training and development opportunities
Paid time off starting at 160 hours annually for employees in their first year of service
Ten paid holidays per year
Be Well Company holistic wellness program, including Wellness Coaching and Reward Dollars
Fifteen days of paid parental leave per calendar year for eligible employees with at least one year of service at the time of birth or child placement
Adoption assistance
Employee Assistance Program
Back-Up Care Program
PTO for volunteer hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral bonus programs