Underwriter

National Life Group - Talent Community•Montpelier, VT

46d•Onsite

About The Position

National Life Group is seeking experienced Underwriters to join their fast-paced, growing team. This role involves accurate and timely risk assessment and evaluation of life insurance applications, adhering to company policies, guidelines, and insurance laws. The company, founded in 1848, is committed to keeping promises and providing stability, with a mission that extends beyond insurance to making the world a better place through charitable grants, paid volunteer time, and sustainable workplaces. They foster a collaborative environment that encourages growth and living by values: Do good. Be good. Make good. Joining the Talent Network ensures candidates are added to a database for future opportunities and considered early in the hiring process.

Requirements

Minimum 3 years Life Underwriting experience in production-oriented environment required
Must be able to pass a background check

Nice To Haves

Bachelor’s degree preferred

Responsibilities

Conducts risk assessments, following NLG Underwriting guidelines and philosophies, by analyzing data, using tools (e.g. medical history, prescription databases, borrowing history, credit rating etc.), and third-party information.
Reviews files to assess risk and regulatory compliance (e.g. IGO, NIGO, etc.) on potential clients by analyzing health-related data, assessing financial status of clients, and makes final risk decisions on policies to protect NLG bottom line and maintain profitability by avoiding fines and putting good risk on the books.
Proactively seeks information (e.g. processes, philosophies, etc.) as well as formal and informal educational opportunities (e.g. medical and mentoring discussions, etc.) to build the foundations of a solid Underwriting career and continuously expand knowledge, skills, and abilities.
Participates in industry education, taking exams (e.g. ALU, LOMA, etc.) and earning designations to help build business acumen.
Communicates (verbal and written) with internal and external constituents to gather information around new cases, gain insights, and explain decisioning while building relationships with customers / agents and demonstrating seamless service excellence.
Effectively communicates in a way that helps customers understand NLG policies and processes for decision making that instills confidence in our practices.
Builds relationships with others in the organization (e.g. Agency leaders, agents, distribution leaders, client partners, key accounts, etc.).
Guides and educates team members on to improving quality, capabilities, efficiencies, and output.
Identifies and facilitates implementation of cross-functional process improvement opportunities.
Participates in interdepartmental presentations, helps with new hire training in various subjects.
Identifies, communicates, and resolves escalations while keeping key stakeholders informed; seeks assistance from manager/mentor for resolution.
Reviews escalation requests with urgency and may consult on these with a mentor or leader.