Lead Underwriting Consultant

Penn Mutual Life Insurance Co.; United States; On-site; USD 80,000 - 120,000; Full time

Job summary

A leading insurance provider in the United States is seeking an experienced Underwriter to oversee the selection of risk in large, complex life applications. The successful candidate will maintain profitable mortality experience and develop underwriting processes. This role supports flexible hybrid working conditions. Ideal candidates will possess 7-10 years of underwriting experience, a college degree, and strong knowledge of insurance products and contract laws. Excellent communication, organizational, and analytical skills are essential.

Qualifications

• 7-10 years underwriting experience required.
• Ability to create and maintain customer relationships.
• Ability to work collaboratively in a team environment.

Responsibilities

• Oversees selection of risk for large complex life applications.
• Maintains profitable mortality experience.
• Develops underwriting processes and standards.

Skills

Highly developed knowledge of underwriting function

Strong knowledge of insurance products

Analytical skills

Strong organizational skills

Excellent communication skills

Ability to prioritize and work under deadlines

Education

College degree or equivalent work experience in life Underwriting

Job description

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** Maintains profitable mortality experience. Determines appropriate requirements.Successfully completes regulatory and job training requirements. Performs other duties as assigned. **Skills and Abilities** Highly developed knowledge of underwriting function Solid knowledge of insurance contract law and state legislative requirements. Strong knowledge of insurance products (plans, riders, benefits) and illustrations and how they are marketed. Familiarity with chronic illness underwriting or long-term care rider principles, including strong knowledge of morbidity Strong knowledge of reinsurance marketplace to work proactively with the field where reinsurance is an opportunity.Highly developed knowledge of medical science, technology and terminology and their impact on mortality. Highly developed knowledge of financial and other non-medical underwriting factors. Thorough knowledge of financial and non-financial underwriting factors. Thorough knowledge of product pricing. Strong organizational, communication and interpersonal skills. Strong analytical skills, ability to define, research and resolve problems.Excellent knowledge of mainframe and PC environment. Ability to create and maintain customer relationships.Ability to prioritize and work effectively under deadlines balancing published service times with an appropriate customer focus.Ability to comprehend, retain and apply current technical information to daily work issues.Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement.Ability to work with others in a collaborative team environment. **Education** College degree required, equivalent work experience in life Underwriting may be considered Required and **Experience** 7-10 Years underwriting experience Required 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.You’ve got big plans. You want to do work that matters. And you have high expectations for the next step in your career.Join a team of bright, talented and driven employees who have a common goal in mind: To help people get stronger. It's as simple as that.You’ll build on your expertise and have a positive impact on the financial professionals we support and the clients they serve. Here, you're an expert in the subject matter and you'll always be treated like one.Every day, your purpose is to help people get stronger. But here's the thing: Professionally, you'll get stronger too.