Underwriting Risk Management Consultant

Transamerica

5d•$125,000 - $135,000•Hybrid

About The Position

Serve as a subject matter expert for Underwriting risk audits and point of contact for external auditors. Lead the participation in market conduct exams, reinsurance audits, and Medical Information Bureau (MIB) audits. Ensure the effectiveness of internal controls in compliance with company policies, Sarbanes-Oxley Act, and standard industry practices.

Requirements

Bachelor’s degree in a business field or equivalent experience
Ten years of underwriting experience with mortality and morbidity-based products
Four years of directly related auditing experience
Thorough knowledge of underwriting practices and industry standards, including but not limited to Sarbanes-Oxley regulations
Excellent interpersonal and written/verbal communication skills to provide feedback and consultation related to audit outcomes, as well as assist and train lower-level staff
Attention to detail and analytical skills to perform quality review (audit) duties and interpret data derived from quality reviews

Nice To Haves

FLMI, FALU certifications
Contestable claims experience
Post-issue underwriting experience
Project management experience

Responsibilities

Perform forensic review audits of underwriting work and provide guidance to team members.
Lead team in collecting data for audits.
Serve as a consultant to the Claims department and provide recommendations on contestable claims.
Trend and report on the mortality and morbidity experience for specified insurance markets.
Assist the Agent Quality Research Manager, as necessary.
Lead team meetings as needed.
Lead special projects and assignments.
Provide training for new team members.
Serve as proxy for management as needed.

Benefits

Competitive Pay
Bonus for Eligible Employees
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
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