VP Group Underwriting - Employee Benefits
About The Position
Together we fight for everyone's opportunity for a better financial future. We will do this together - with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone's access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today. Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with - and those we acquire throughout our lives - are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision. Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage - Apply Now Profile Summary: The Vice President (VP), Group Underwriting leads the development and execution of a group underwriting function for a select set of group insurance products. This executive role is responsible for developing and implementing underwriting policies, ensuring consistent pricing and risk evaluation, and overseeing production and execution of Underwriting in alignment with company and department strategies.. The VP plays a critical role in leading underwriting execution while supporting talent development and compliance. Profile Description: Execute the underwriting vision and policies and practice framework for the group underwriting function. Participate in the design and implementation of underwriting guidelines, authority models, and documentation standards. Oversee the evaluation of risk for group insurance products including Group Life, Group Long and Short Term Disability, and Supplemental Health. Ensure pricing accuracy and appropriate application of underwriting methodology across all underwriting activities. Serve as a key liaison with field personnel and clients, ensuring underwriting decisions are well-communicated and aligned with client needs. Represent underwriting internally and externally, and in product development, marketing rollouts, and cross-functional initiatives. Hire, train, and develop a high-performing underwriting team; provide coaching, mentoring, and performance feedback. Ensure underwriting operations are compliant with regulatory requirements and support state exams and security awareness initiatives. Compliance & Governance: ensure that all underwriting practices comply with regulatory requirements and industry standards.
Requirements
- Advanced degree or equivalent experience in business, finance, actuarial science, or a related field.
- 10+ years of progressive experience in group underwriting, with leadership responsibilities.
- Deep understanding of underwriting practices across Group Life, Group Long and Short Term Disability, and Supplemental Health.
- Strong negotiation, analytical, and decision-making skills.
- Excellent oral and written communication abilities.
- Proven experience in developing and executing underwriting strategies, policies, and training programs.
- Expertise in metrics development, reporting practices, and quality oversight.
- Ability to lead cross-functional teams and influence at all levels of the organization.
Responsibilities
- Execute the underwriting vision and policies and practice framework for the group underwriting function.
- Participate in the design and implementation of underwriting guidelines, authority models, and documentation standards.
- Oversee the evaluation of risk for group insurance products including Group Life, Group Long and Short Term Disability, and Supplemental Health.
- Ensure pricing accuracy and appropriate application of underwriting methodology across all underwriting activities.
- Serve as a key liaison with field personnel and clients, ensuring underwriting decisions are well-communicated and aligned with client needs.
- Represent underwriting internally and externally, and in product development, marketing rollouts, and cross-functional initiatives.
- Hire, train, and develop a high-performing underwriting team; provide coaching, mentoring, and performance feedback.
- Ensure underwriting operations are compliant with regulatory requirements and support state exams and security awareness initiatives.
- Compliance & Governance: ensure that all underwriting practices comply with regulatory requirements and industry standards.
Benefits
- Health, dental, vision and life insurance plans
- 401(k) Savings plan - with generous company matching contributions (up to 6%)
- Voya Retirement Plan - employer paid cash balance retirement plan (4%)
- Tuition reimbursement up to $5,250/year
- Paid time off - including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
- Paid volunteer time - 40 hours per calendar year
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What This Job Offers
Job Type
Full-time
Career Level
Executive
Industry
Insurance Carriers and Related Activities
Number of Employees
251-500 employees
