Life Underwriting Sr. Consultant (Remote)

Securian Financial; Minnesota; On-site; USD 92,000 - 170,000; Full time

Benefits offered by this job

Health insurance

PTO program

9 paid holidays

401(k) with company match

Pension plan

Job summary

Securian Financial is seeking a Life Underwriting Sr. Consultant to evaluate applications and select risks aligned with profitability while delivering fair outcomes for applicants.

The role emphasizes risk assessment, decisioning, and collaboration with brokers and reinsurers to manage large cases. Responsibilities include managing workload, applying underwriting guidelines, and driving process improvements while maintaining strong customer experience and adherence to standards.

Qualifications

• Bachelor’s degree or equivalent experience.
• Minimum of 7 years of life underwriting experience.
• Expertise in substandard underwriting.
• Experience with large case underwriting.
• Strong analytical and risk assessment skills.
• Ability to document rationale clearly and communicate decisions.

Responsibilities

• Evaluate applications within authority by analyzing medical, financial, and lifestyle risk factors.
• Approve applications up to established authority limits and collaborate with reinsurers for large cases.
• Build and maintain relationships with brokers, advisors, and internal partners.
• Identify opportunities to improve underwriting processes and customer experience.
• Document rationale and communicate underwriting decisions clearly and professionally.

Skills

Decision making

Communication

Collaboration

Agile mindset

Independent work

Education

Bachelor’s degree or equivalent experience

Job description

Overview

The Life Underwriting Sr. Consultant is responsible for evaluating life insurance applications and selecting risks that align with company profitability objectives while maintaining a competitive position in the marketplace and delivering fair, equitable outcomes for applicants.

Responsibilities Include But Are Not Limited To

Risk Assessment & Decisioning

• Evaluate applications within assigned authority by analyzing medical, financial, and lifestyle risk factors to determine acceptability and appropriate classification
• Exercise sound judgment to identify potential fraud and ensure compliance with underwriting guidelines
• Make timely and accurate decisions while balancing risk selection, competitiveness, and customer experience
• Recommend decisions and provide clear rationale on cases outside authority or of higher complexity

Case Management & Execution

• Order only necessary and appropriate requirements to efficiently assess risk
• Manage workload to consistently meet or exceed productivity and quality expectations
• Approve applications up to established authority limits (e.g., over $3M all ages and ratings)
• Collaborate with reinsurers as needed for rated cases and large case reviews

Field & Partner Relationship Management

• Build and maintain strong relationships with brokers, advisors, and internal partners
• Communicate underwriting decisions clearly, professionally, and empathetically to foster trust and encourage future business

Process Improvement & Organizational Contribution

• Identify opportunities to improve underwriting processes and enhance the customer experience
• Contribute to departmental initiatives and special projects as directed
• Provide insights and solutions to management regarding team, workflow, or operational challenges

Qualifications

• Bachelor’s degree or equivalent experience
• Minimum of 7 years of life underwriting experience
• Demonstrated expertise in substandard underwriting
• Demonstrated expertise in large case underwriting
• Underwriting knowledge across medical and financial risk assessment
• Strong decision-making skills with the ability to act independently in real time
• Proven ability to analyze complex cases and apply sound judgment
• Effective written and verbal communication skillsAbility to document rationale clearly and consistently
• Proficiency in financial underwriting, including business cases
• Understanding of reinsurance principles and when to engage partners
• Results-oriented with a focus on quality and productivity
• Agile mindset with a focus on continuous improvement and innovation
• Trusted advisor to the field and internal partners
• Strong collaborator who drives both business outcomes and team development
• Consistently delivers high-quality decisions while supporting a positive customer and advisor experience

Preferred Qualifications

Industry designations (FLMI, FALU, CLU)

Preferred Skills

The estimated base pay range for this job is:

$91,700.00 - $169,600.00

Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a member of the Securian Financial Talent Acquisition team.

Paid Time Off

Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job – it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:

• We want you to take time off for what matters most to you. Our PTO program provides flexibility for associates to take meaningful time away from work to relax, recharge and spend time doing what’s important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.
• Leave programs: Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
• Holidays: Securian provides nine company paid holidays.

Company-funded pension plan and a 401(k) retirement plan:

Share in the success of our company. Securian’s 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.

Health insurance:

From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage.

Volunteer time:

We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.

Associate Resource Groups:

• Environmental Health & Sustainability
• Mental Wellness and Disability
• Pride at Securian Financial
• Securian Young Professionals Network
• Securian Multicultural Network
• Securian Women and Allies Network
• Servicemember Associate Resource Group

For more information regarding Securian’s benefits, please review our Benefits page.

This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.

Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at [e-mail], by telephone [phone] (voice), or 711 (Relay/TTY).

Securian Financial is a drug-free workplace.

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