Underwriting Sr. Consultant, Executive Benefits
About The Position
We are excited to bring on an Underwriting Sr. Consultant to join our Executive Benefits Team, supporting our Retail Solutions Business in a work from home environment. As an Underwriting Sr. Consultant for Lincoln's Executive Benefits Team, you will support employer owned life insurance programs focused on executive and employee benefit funding solutions. This role underwrites COLI/BOLI/ICOLI programs while ensuring strong risk selection, regulatory compliance, and institutional underwriting discipline. The ideal candidate brings deep COLI expertise, medical and financial underwriting judgment, and the ability to partner effectively with sales, product, case management, and reinsurance teams.
Requirements
- Bachelor's degree or 4+ years of comparable work experience
- 5-7+ years of experience in Underwriting Individual Life Insurance
- Demonstrated Excellence in: Problem Solving / Analysis; Comprehension of Complex Information; Influencing Others; Risk Assessment; Demonstrated decision making using sound judgment; Negotiation Skills; Managing Conflict
- Developed Skills in analyzing and interpreting complex financial documents including profit/loss statements, income statements, and balance sheets
- Strong Written and Verbal Communication skills
- Intermediate in: Microsoft Office (Outlook, Word, PowerPoint, Excel)
- A demonstrated track record of working with minimal supervision, being a self-starter and working with others in a team environment
Nice To Haves
- Industry Exams – LOMA encouraged
Responsibilities
- Underwrite Guaranteed Issue (GI) and Simplified Issue (SI) COLI cases in accordance with carrier guidelines and program parameters
- Analyze lives within executive and broad based COLI/BOLI/ICOLI programs
- Determine appropriate ratings, underwriting actions, and capacity decisions
- Review compensation data, employee classifications, and benefit structures
- Assess financial justification consistent with employer owned life insurance standards
- Ensure policy face amounts align with program intent and eligibility requirements
- Underwrite in compliance with IRC §101(j) notice and consent requirements
- Ensure adherence to carrier COLI governance standards and underwriting guidelines
- Support internal review committees and large case decision processes
- Perform medical underwriting as required
- Apply thorough knowledge of Qualified Purchaser and Accredited Investor definitions to support program eligibility, structure, and regulatory alignment
- Builds and maintains strong relationships with internal and external partners
Benefits
- PTO/parental leave
- Competitive 401K and employee benefits
- Free financial counseling, health coaching and employee assistance program
- Tuition assistance program
- Work arrangements that work for you
- Effective productivity/technology tools and training
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What This Job Offers
Job Type
Full-time
Career Level
Senior
