Talent.com
Senior Life Insurance Underwriting Consultant
Senior Life Insurance Underwriting ConsultantWestern & Southern • Cincinnati, OH, US
Senior Life Insurance Underwriting Consultant

Senior Life Insurance Underwriting Consultant

Western & Southern • Cincinnati, OH, US
1 day ago
Job type
  • Full-time
Job description

Overview

Independently evaluates and classifies risks on applications for life, accident and critical illness insurance including supplemental benefits and policy changes in accordance with mortality and morbidity pricing assumptions. Underwrites life insurance applications and associated risks. Classifies the risk with a minimum of underwriting requirements. Verbally discusses cases with Field Sales associates and applicants, which may involve explaining the reasons the Company took adverse action on an application and attempting to diminish any negative reaction by the applicant. Develops a strong knowledge of human physiology in order to glean the necessary information from the data collected. In addition, builds a high level of knowledge of other technical aspects of the underwriting process, which includes financial needs, insurable interests, avocations and occupations along with a comprehensive knowledge of the company's products and procedures. Concurs on cases that are over the Underwriters\' limits of authority; the Senior Underwriting Consultant will be responsible for the final approval of these cases. Reviews the cases of the Underwriters to determine the quality of the work and any developmental needs.

Responsibilities

  • Independently determines the extent of the risk to the Company and assigns a classification.
  • Independently evaluates underwriting requirements through a variety of correspondence, reports and forms.
  • Determines if additional underwriting requirements in excess of the regular requirements (i.e., age / amount requirements) are needed.
  • Makes underwriting decisions that produce claim results within the Company\'s mortality expectations.
  • Determines appropriateness of applied coverage (i.e., sufficient financial justification, appropriate insurable interest).
  • Concurs on cases over the Underwriters\' limit of authority.
  • Completes file reviews on the Underwriters.
  • Complies with federal and state rules and regulations (i.e., MIB, Fair Credit Reporting Act, blood testing, Replacements, 1035 Exchanges, etc.).
  • Communicates with field force, vendors, reinsurers, various Home Office associates, etc.
  • Underwrites policy changes, reinstatements, rate reduction or removal.
  • Gives proper direction to the New Business support staff and Underwriters.
  • Serves in the lead position for the team on a periodic basis, communicating workflow to the group and other teams.
  • Effectively works within a team composed of associates who are at various levels of experience and expertise in addition to various job levels.
  • Periodically prepares procedures to be used in work-related procedural and training manuals, and also prepares formal reports in conjunction with department projects.
  • Mentors underwriters regarding cases, customer service, relationships with agents and technical skills. Develops and presents structured job-specific training as management directs, applying appropriate adult-learning principles.
  • Shares prepared cases studies with underwriting staff in order to develop the skills of the entire group.
  • Maintains confidentiality of information including sensitive medical, financial, personal and payroll information.
  • Makes presentations to sales schools and at seminars regarding underwriting practices.
  • Builds relationships with peers within the industry to share best practices and benchmark underwriting guidelines.
  • Collaborates with AVP & Chief Underwriter, Chief Underwriter and Medical Director on special projects.
  • Acts as backup to AVP & Chief Underwriter or Chief Underwriter as needed.
  • Performs other duties as assigned
  • Complies with all policies and standards

Qualifications

  • College degree or relevant underwriting experience (Preferred) and
  • LOMA 280, 290, 311, 320, ACS-100 (Designation), ALU-1, ALU-2, FALU and / or CLU Designation and / or commensurate experience as outlined in the selection criteria section. (Required)
  • Demonstrated experience evaluating risk and insurability on large face amount cases. (Required) and
  • Proven experience working in a customer-oriented field and effectively articulating information to clients in a patient and understanding manner while managing multiple tasks / issues involving clients (Required) and
  • Proven examples from work experience of going beyond the call of duty to assist team members. (Required) and
  • Proven experience adapting and demonstrating flexibility associated with changes to policies / procedures. (Required)
  • Demonstrated knowledge of medical terminology.
  • Proven ability to successfully portray strong financial and medical underwriting skills.
  • Demonstrated strong negotiation skills and experience "selling" adverse decisions to producers in a clear, concise and positive manner that leaves producers feeling good about the decisions.
  • Proven strong analytical skills, including demonstrated experience identifying and quantifying problems and providing effective resolution.
  • Demonstrated excellent verbal and written communication skills with ability to convey information to internal and external customers in a clear, focused and concise manner.
  • Proven examples of handling difficult situations effectively while maintaining high volumes of work.
  • Demonstrated ability to show leadership within a work group and mentor associates with various levels of experience.
  • Demonstrated strong attention to detail with excellent organizational skills. Cite examples of organization and time management methods used to manage or prioritize workload demands.
  • Working knowledge of word processing and spreadsheet applications.
  • Work Setting / Position Demands

  • Works in an office setting and remains in a stationary position for long periods of time while working at a desk, on a computer or with other standard office equipment, or while in meetings.
  • Requires the ability to verbally communicate and exchange accurate information to customers and associates on a regular basis.
  • Requires visual acuity to read and interpret a variety of correspondence, procedures, reports and forms via paper and electronic documents, visual inspection involving small defects; small parts, and / or operation of machinery (including inspection); using measurement devices continuously. Visual acuity is required to determine accuracy, neatness, and thoroughness of work assigned.
  • Requires the ability to prepare written correspondence, reports and forms using prescribed formats and conforming to rules of punctuation, grammar, diction, and style on a regular basis.
  • Requires the ability to apply principles of logical thinking to define problems, collect data, establish facts, and draw valid conclusions
  • Performs substantial movement of wrists, hands, and fingers for continuous computer work.
  • Extended hours required during peak workloads or special projects / events.
  • Travel Requirements

  • None
  • J-18808-Ljbffr

    Create a job alert for this search

    Underwriting Consultant • Cincinnati, OH, US

    Related jobs
    Insurance Risk Management Intern

    Insurance Risk Management Intern

    Munich RE • Amelia, OH, United States
    Full-time
    American Modern Insurance Group, Inc.Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property - such as manufactured homes a...Show more
    Last updated: 9 days ago • Promoted
    Mobile Associate, Retail Sales - Dry Ridge, KY

    Mobile Associate, Retail Sales - Dry Ridge, KY

    T-Mobile USA, Inc. • Dry Ridge, KY, United States
    Full-time +1
    At T-Mobile, we invest in YOU! Our Total Rewards Package ensures that employees get the same big love we give our customers. All team members receive a competitive base salary and compensation pack...Show more
    Last updated: 30+ days ago • Promoted
    United States Border Patrol Agent

    United States Border Patrol Agent

    U.S. Customs and Border Protection • Owenton, Kentucky, US
    Permanent
    Customs and Border Protection (CBP) offers those interested in a career in law enforcement an exceptional opportunity to work with an elite team of highly trained professionals whose camaraderie, p...Show more
    Last updated: 14 days ago • Promoted
    Travel Speech Language Pathologist

    Travel Speech Language Pathologist

    Coast Medical Service • Owenton, KY, US
    Full-time
    Coast Medical Service is seeking a travel Speech Language Pathologist for a travel job in Owenton, Kentucky.Job Description & Requirements. Coast Medical Service is a nationwide travel nursing &...Show more
    Last updated: 30+ days ago • Promoted
    Licensed Marriage & Family Therapist (LMFT)

    Licensed Marriage & Family Therapist (LMFT)

    LifeStance Health • Owenton, KY, US
    Full-time
    At LifeStance Health, we believe in a truly healthy society where mental and physical healthcare are unified to make lives better. Our mission is to help people lead healthier, more fulfilling lives...Show more
    Last updated: 30+ days ago • Promoted
    Liability Claims Adjuster

    Liability Claims Adjuster

    Munich RE • Amelia, OH, United States
    Full-time
    American Modern Insurance Group, Inc.Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property - such as manufactured homes a...Show more
    Last updated: 4 days ago • Promoted
    Travel Speech Language Pathologist - $2,070 per week

    Travel Speech Language Pathologist - $2,070 per week

    Ardor Health Solutions • Owenton, KY, United States
    Full-time
    Ardor Health Solutions is seeking a travel Speech Language Pathologist for a travel job in Owenton, Kentucky.Job Description & Requirements. Ardor Health Solutions is looking for a Speech Language P...Show more
    Last updated: 1 day ago • Promoted
    Travel Physical Therapist - Paying up to $2,216 / week

    Travel Physical Therapist - Paying up to $2,216 / week

    Vivian Health • Owenton, KY, US
    Full-time
    Vivian is looking for Travel Physical Therapist Therapys in Owenton, Kentucky paying up to $2,216 / week At Vivian, we ensure your next step is a step forward. That's why we built a jobs marketplace t...Show more
    Last updated: 2 days ago • Promoted
    Business Controls Senior Associate

    Business Controls Senior Associate

    Fifth Third Bank • Cincinnati, OH, United States
    Full-time
    Make banking a Fifth Third better.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. As first line of defense, cond...Show more
    Last updated: 30+ days ago • Promoted
    Commercial Express Underwriter & Portfolio Manager

    Commercial Express Underwriter & Portfolio Manager

    Fifth Third Bank • Cincinnati, OH, United States
    Full-time
    Make banking a Fifth Third better.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION : Review and d...Show more
    Last updated: 18 days ago • Promoted
    Driver - Flexible hours. Instant Pay.

    Driver - Flexible hours. Instant Pay.

    Uber • Lawrenceburg, OH, US
    Full-time +1
    Driving with Uber is an alternative to a part-time or full-time job and can get you earning cash on the road quickly.Driving with Uber allows you to earn quick cash while maintaining the flexibilit...Show more
    Last updated: 2 days ago • Promoted
    Travel Speech Language Pathologist - $2,134 per week

    Travel Speech Language Pathologist - $2,134 per week

    Coast Medical Service • Owenton, KY, United States
    Full-time
    Coast Medical Service is seeking a travel Speech Language Pathologist for a travel job in Owenton, Kentucky.Job Description & Requirements. Coast Medical Service is a nationwide travel nursing & all...Show more
    Last updated: 3 days ago • Promoted
    REVENUE AUDITOR

    REVENUE AUDITOR

    Belterra Casino Resort • Florence, IN, US
    Full-time
    Boyd Gaming Corporation has been successful in gaming jurisdiction in which we operate in the United States and is one of the premier casino entertainment companies in the United States.Never conte...Show more
    Last updated: 30+ days ago • Promoted
    New Business Policy Representative - Life Insurance - Cincinnati, OH

    New Business Policy Representative - Life Insurance - Cincinnati, OH

    Ameritas • Cincinnati, OH, United States
    Full-time +1
    New Business Policy Representative - Life Insurance.Cincinnati, Ohio, United States.This position is responsible for the issuance, administrative functions, and customer service on cases, products,...Show more
    Last updated: 5 days ago • Promoted
    Family Practice - Without OB Physician

    Family Practice - Without OB Physician

    BAS Healthcare • Brookville, Indiana, United States
    Permanent
    Live and work in a lakeside community in the Cincinnati metro area! Residents enjoy beautiful lakeside homes while only being an hour from the metro area. Cincinnati is a well-known city in the Midw...Show more
    Last updated: 30+ days ago • Promoted
    New Business Policy Representative-Life Insurance - Cincinnati, OH

    New Business Policy Representative-Life Insurance - Cincinnati, OH

    Ameritas • Cincinnati, OH, United States
    Full-time +1
    New Business Policy Representative-Life Insurance.New Business Policy Representative.This position must accurately interpret and fulfill all requirements necessary for accurate processing, and act ...Show more
    Last updated: 30+ days ago • Promoted
    Senior Credit Underwriter National Commercial Real Estate / Home Builder Division

    Senior Credit Underwriter National Commercial Real Estate / Home Builder Division

    Fifth Third Bank • Cincinnati, OH, United States
    Full-time
    Make banking a Fifth Third better.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. Work closely and effectively w...Show more
    Last updated: 1 day ago • Promoted
    Senior Life Insurance Underwriting Consultant

    Senior Life Insurance Underwriting Consultant

    Western & Southern Financial Group • Cincinnati, OH, US
    Full-time
    Independently evaluates and classifies risks on applications for life, accident and critical illness insurance including supplemental benefits and policy changes in accordance with mortality and mo...Show more
    Last updated: 30+ days ago • Promoted