Lead Underwriting Consultant

Underwriting Manager

Underwrites and oversees the selection of risk of large complex life applications. Manages underwriting services to contribute to the achievement of financial objectives including profitability, production, and persistency of clients; developing underwriting processes, standards, and programs, and reporting results. We've embraced a flexible, hybrid approach to work. Based on your role and personal preference, we empower you to choose where you work best. This model allows you to balance your life and bring your whole self to work.

Responsibilities

• Analyzes qualitative and quantitative data and provides approval for risk selection and acceptance, coverage, and pricing.
• Evaluates life insurance applications, including those with chronic illness riders, with a focus on both medical and financial risk assessment.
• Assists others with resolving complex issues while ensuring adherence to underwriting standards and objectives.
• Participates in business planning to support product, program, and policy developmental efforts. Participates in department initiatives; assists in recommending / implementing changes to improve productivity, profitability, growth, and quality.
• Selects and classifies risks according to company philosophy and standards.
• May assist with training and developing underwriters.
• Manages retention.
• Maintains profitable mortality experience.
• Analyzes and interprets medical, non-medical, and financial information.
• Makes decisions within approval limits at 100% up to $15,000,000 standard to age 90.
• Determines appropriate requirements.
• Reviews and provides signatures on referrals from underwriters.
• Identifies and provides solutions to work-related problems and issues.
• Communicates and collaborates with the field and home office to provide the highest quality service levels to customers.
• Maintains positive and effective relationships with internal and external partners.
• Participates in major projects.
• Complies with all company and site policies and procedures.
• Remains current in profession and industry trends.
• Successfully completes regulatory and job training requirements.

Performs other duties as assigned.

Skills and Abilities

Education

Experience

Base Salary Range - $125,000 - $165,000.

Penn Mutual is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes : race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status, or any other classification protected under applicable law.