Senior Underwriter or Underwriting Consultant - 1163

Security Mutual Life Insurance•Binghamton, NY

6d•Remote

About The Position

The Senior Underwriter evaluates individual and joint life insurance applications within company guidelines and approval authority, handling complex and non-routine cases and providing training and support to underwriting staff. The Underwriting Consultant conducts efficient, high-quality risk assessments of traditional and informal cases, including cases with complex medical or financial histories. Both roles build relationships with field associates, brokerage agencies, reinsurers, and internal teams, and support company mortality, profitability, and sales objectives. The role is primarily remote, with periodic attendance required at the assigned company office in Binghamton, New York, or Houston, Texas. Responsibilities include reviewing applications, medical and financial records, and third-party data; assessing risk using reinsurance guidelines; managing case queues and inventory; communicating with sales and field teams, reinsurers, and other stakeholders; and providing training, mentoring, processing support, and assistance with projects. The Underwriting Consultant also contributes to audits, quality improvement, market analysis, performance guidance, and development of underwriting and product training. The Senior Underwriter requires at least six years of related experience, including underwriting leadership and training experience. The Underwriting Consultant requires at least seven years of related experience and travel up to 9% of the time. A bachelor’s degree in a related field is required; a medical or financial degree is strongly preferred. Pay is listed as $77,000–$103,000 annually for the Senior Underwriter and $88,000–$122,000 annually for the Underwriting Consultant. The starting rate depends on factors including location, education, experience, and skills. Visa sponsorship and relocation assistance are not available.

Requirements

Senior Underwriter: At least 6 years of related experience.
Senior Underwriter: Leadership and training experience in an underwriting environment.
Senior Underwriter: Advanced knowledge of impaired risk, older age underwriting, and comorbidities.
Senior Underwriter: Fellow Life Management Institute (FLMI) designation required.
Senior Underwriter: Fellow, Academy of Life Underwriting (FALU) designation required.
Underwriting Consultant: At least 7 years of related experience.
Underwriting Consultant: Ability to travel up to 9% of the time.
Bachelor’s degree in a related field of study.
Excellent verbal and written communication skills with internal and external stakeholders.
Ability to handle sensitive and difficult customer service situations.
Intermediate proficiency with Microsoft Word and Excel.
Ability to work independently and as part of a team.
Ability to meet timelines and schedules without sacrificing quality.
Attention to detail and ability to perform work reliably, accurately, and thoroughly.
Ability to work outside normal business hours to meet project deadlines.
Ability to adapt to change and work under pressure.

Nice To Haves

Knowledge of company and industry products and procedures.
Chartered Life Underwriter (CLU) designation.
Industry involvement through participation as a board member, program committee member, or past president in a local, regional, or national underwriting association.
Bachelor’s degree in a medical or financial field is strongly preferred.

Responsibilities

Review individual and joint life insurance applications, including non-routine and complex cases.
Refer cases above approval authority to the Chief Underwriter or department management.
Assess medical, financial, and other risk information using published reinsurance underwriting guidelines.
Review financial appropriateness of sales and assign Medical Information Bureau codes as indicated.
Communicate with sales force, regional vice presidents, reinsurers, field associates, internal staff, and vendors in support of company objectives.
Manage case inventory within department time standards and review underwriting case queues.
Build and maintain professional relationships with reinsurers and brokerage agencies, including negotiating and resolving questions on potential cases.
Provide underwriting training, presentations, processing support, mentoring, and resources to staff and other stakeholders.
Assist with special projects as assigned by management.
For the Underwriting Consultant role, conduct risk assessments against business guidelines, target profit, and metrics.
For the Underwriting Consultant role, participate in internal audits and identify opportunities to improve underwriting quality.
For the Underwriting Consultant role, provide technical guidance and developmental feedback to underwriters and monitor supervised Underwriter Trainee queues.
For the Underwriting Consultant role, analyze competitive market intelligence and provide guidance on performance, financial results, profitability, competition, and market trends.