Life Underwriter

International Executive Service Corps; Kansas City (MO); Hybrid; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled Life Underwriter to join their team in Kansas City. This hybrid role involves evaluating underwriting risks across various products, making critical decisions based on medical and financial data. Candidates should possess strong analytical skills and experience in life insurance underwriting. The company values work-life balance, offering generous paid time off, comprehensive health benefits, and opportunities for professional growth. Join a dynamic team that supports community initiatives and fosters a collaborative environment.

Benefits

401(k) with company match

Paid time off

Comprehensive health insurance

Tuition reimbursement

Paid parking

Maternity leave program

Health and fitness subsidies

Volunteer opportunities

Corporate events

Professional development programs

Qualifications

• Experience with life insurance underwriting is essential.
• Ability to analyze complex data for sound underwriting decisions.

Responsibilities

• Evaluate insurance applications within approval limits.
• Analyze risks and determine acceptance or modifications.
• Communicate decisions clearly with stakeholders.

Skills

Analytical Skills

Risk Assessment

Communication Skills

Collaboration

Adaptability

Education

4-year college degree

FALU designation

Job description

Life Underwriter

Job Summary

The Life Underwriter is responsible for the evaluation and assessment of underwriting risks across various products and product lines. This includes independent analysis of medical mortality risk, medical morbidity risk, and non-medical mortality and morbidity risk. In certain cases, financial justification will also require evaluation. Sound judgment is essential to ensure that decisions align with mortality assumptions and ultimately meet profitability targets. This role includes binding authority for decisions up to Table 6 and face amounts of $750,000 for all ages and lines of business. We are seeking candidates who have experience with life insurance underwriting.

Key Responsibilities

• Evaluate insurance applications with the appropriate level of detail, within approval limits. The decision-making authority for this position includes cases up to Table 6 and $0–$750,000 face amounts for all ages and lines of business, depending on experience.

• Review all underwriting requirements, including state-required forms and other necessary documents, to accurately assess applicant risk.

• Analyze risks and determine whether to accept, modify, or decline applications based on an evaluation of medical history, physical condition, occupational hazards, financial background, insurable interest, and other relevant information.

• Communicate clearly and professionally with the field force, vendors, reinsurers, colleagues, leadership, and internal business partners.

• Provide timely and accurate updates to the Chief Underwriter regarding abnormal or negative trends observed during audits or reviews.

Knowledge, Skills, and Abilities

• Analytical and Risk Assessment Skills: Demonstrated ability to make sound underwriting decisions by gathering and analyzing complex data and determining the most appropriate course of action based on the case details. Applicants should have demonstrated experience with underwriting in the life insurance industry.

• Communication: Strong verbal and written communication skills. This includes effectively conveying decisions to external field partners, maintaining thorough and accurate file documentation, and articulating underwriting decisions to internal stakeholders such as the Chief Underwriter, legal, and claims teams.

• Collaboration and Continuous Learning: Receptive to feedback from more experienced underwriting team members. Actively seeks opportunities for professional growth through resources such as reinsurance webinars and industry conferences.

• Innovation and Adaptability: Embraces innovation and demonstrates flexibility in adopting changes to underwriting processes and practices.

This is a hybrid role based from our downtown Kansas City office.

EDUCATION & QUALIFICATIONS:

4-year college degree is preferred

FALU designation preferred

Americo: We’re in this for life!

The roots of the Americo family of companies date back more than 100 years. Americo is a life insurance and annuity company providing innovative products to our customers. At Americo, it’s the people who make things work, so we hope you join us!

What you’ll love about working at Americo:

• Compensation: Our competitive pay and robust bonus program, offered to all associates, will make you feel valued.

• Learning and development: We prepare you for success with a comprehensive, paid training program. Additionally, our Talent Development team creates various development opportunities for associates at every stage of their careers.

• Work-life balance: We value work-life balance with our generous paid time off; you begin accruing hours every month, and they increase with tenure. All new hires earn over three weeks of paid time off annually, plus 11 paid company holidays! We also support new mothers with a maternity leave program, along with paid STD and LTD.

• Health and well-being: We commit to your health and well-being and are proud to offer comprehensive health and life insurance options, including FSA or HSA accounts and subsidies to support your health and fitness goals through vendor partnerships.

• Future planning: Americo offers a 401(k) with a company match. We also have tuition reimbursement programs to further your education.

• Giving back: We support several local organizations, such as Ronald McDonald House, Hope Lodge, the American Red Cross, Harvesters, and many more. Our associates volunteer their time and donate money alongside the company to make a difference in our community.

• The fun stuff: Americo participates in the Kansas City Corporate Challenge, a great way to connect with coworkers. Additionally, we host events like a Royals Party at the K, a legendary Holiday Party, and in-office events with local vendors to allow associates to step away from work and enjoy each other’s company.

• Bustling environment: Our newly renovated offices are conveniently located in downtown Kansas City, within walking distance of your favorite restaurants and attractions. Plus, you’ll receive complimentary paid parking near our Americo offices – downtown parking is a premium, but we’ve got you covered.

#hybrid