Director of Underwriting – Surety
Western National Insurance
Life Underwriting Consultant
MassMutual
full-time
Posted on:
Location Type: Remote
Location: Remote • Colorado, Florida, Massachusetts, Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $92,800 - $121,800 per year
Job Level
Mid-LevelSenior
About the role
- Evaluate and handle all underwriting aspects of formal & informal life insurance applications
- Determine whether to accept, modify, or decline a risk through evaluation of an individual's medical history or physical condition, occupational hazard, and financial background
- Deliver the best offer first to drive the sale and not only a decision.
- Provide efficient, quality service to third party firms, their staff and their advisors
- Communicate effectively with customers to explain underwriting decisions and facilitate placement of business
- Understand underwriting policies, guidelines, practices and procedures
- Influence and champion changes to improve processes while maintaining mortality expectations
- Tailor communication style to fit a variety of target audiences, i.e. agency, new business personnel and foster relationships with advisors and third party partners
- Collaborate effectively with stakeholders to gather information necessary for decision making and to select profitable risks
- Provide consultations with third party firms to resolve, rate questions and discrepancies, or risk related concerns.
- Consider total case financials, relationship and value of customer
- Leverage interpersonal and emotional intelligence skills to develop relationships with key business partners across this competitive landscape, which can be relied on to inform decisions and communicate underwriting decisions
- Able to independently work assigned requests with minimal direction. Comfortable with ambiguity.
Requirements
- High school diploma or GED
- 3+ years life insurance underwriting experience
- Minimum established life insurance underwriting authority limit of $3 million
- 3+ years of expert knowledge of all aspects of risk selection (medical, non-medical, financial)
- 3+ years of knowledge of key underwriting concepts, best practices, and procedures including identifying exposures to loss, material hazards, and implementation of necessary risk management controls
- 3+ year knowledge of UW administrative systems, product rules, Underwriting Guidelines and medical factors impacting mortality and the keen ability to position with brokers and sales partners.
Benefits
- Highly competitive pay & benefits on the first day!
- Cohort-based onboarding and training program
- Monday through Friday 40-hour work week; standard business hours, i.e. 8-hour shift anywhere between 8am-8pm EST with OT options available
- Work from home anywhere in the United States
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
life insurance underwritingrisk selectionunderwriting policiesunderwriting guidelinesrisk management controlsmedical history evaluationfinancial background assessmentoccupational hazard analysisadministrative systems knowledgemortality factors
Soft skills
effective communicationinterpersonal skillsemotional intelligencerelationship buildingcollaborationdecision makingadaptabilityprocess improvementcustomer serviceconsultation
Certifications
high school diplomaGED
