Manager, Underwriting - Life

Nationwide; United States; Remote; USD 108,000 - 200,000; Full time

Benefits offered by this job

Medical/dental/vision

Life insurance

401(k) with company match

Company-paid pension plan

Job summary

Nationwide is seeking a Manager, Life Underwriting to lead the Life New Business underwriters, overseeing mortality risk assessment and morbidity risk management for long-term care and universal life products.

You will supervise the team responsible for underwriting decisions, coach talent, and balance day-to-day operations with longer-term development in a fully remote capacity.

Qualifications

• Ten years of life underwriting experience.
• Five years of leadership experience in a formal or informal capacity.
• Validated technical underwriting ability to assess medical and non-medical risk.

Responsibilities

• Lead day-to-day operations for the Life Underwriting team.
• Approve, modify, or decline applications through underwriting assessment.
• Evaluate medical history, occupational hazards, financial background, insurable interest and other information.
• Mentor and develop talent across a geographically dispersed team.

Skills

Life underwriting

Leadership

Decision making

Communication

Education

Bachelor’s degree

Job description

Are you passionate about being part of a team at a Fortune 100 company with nearly $70 billion in annual sales that delivers extraordinary care to help individuals and businesses prepare for and protect their future? If so, then Nationwide Financial could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers and partners are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

Nationwide is seeking an experienced people leader to step into a critical Life Underwriting leadership role supporting traditional & fluidless underwriting processes. This is an opportunity to lead a team of underwriting professionals responsible for delivering strong service, sound risk assessment, and a consistent partner experience across the business.

The ideal external candidate will bring a blend of deep life underwriting knowledge, proven people leadership, and the ability to lead through change. We are looking for a leader who can develop talent, elevate performance, create accountability, and foster collaboration across a geographically dispersed team.

This role is especially well suited for candidates who have led underwriting teams in complex environments and who can balance day-to-day operational leadership with longer-term team development. Experience leading varied levels of underwriting talent, from early-career analysts to more tenured specialists and consultants, will be important in this position.

This role is eligible for fully remote work.

This role does not qualify for employer-sponsored work authorization.Nationwide does not participate in the Stem OPT Extension program.

Job Description Summary

Our underwriters work hard to provide the exceptional customer experience for which Nationwide is known. Actively engaging with our firms and financial professionals to get to know their clients and their needs builds our understanding of the market, what is needed to win business and put our best offer out first.

If you thrive working autonomously, making decisions on a variety of impactful issues and continuing to learn and adapt to grow, we want to know more about you!

Job Description

As a Manager, you’ll lead the day-to-day operations for the Life Underwriting team within Nationwide Financials’ Life New Business organization. The team is responsible for mortality risk assessment and protecting Nationwide against sooner than expected mortality expenses as well as morbidity risk management for long term care insurance. You’ll lead the team responsible to approve, modify, or decline applications through an underwriting assessment including evaluation of medical history, occupational hazards, financial background, insurable interest and other relevant information. The business mix consists mostly of universal life, term, long term care and variable universal life. The team handles the largest, highly sophisticated cases.

May perform other responsibilities as assigned.

Reporting Relationships

Reports to Director Life Underwriting. Manages 10 to 12 Underwriters.

Typical Skills and Experiences

Education: Bachelor’s degree or equivalent work experience preferred.

License/Certification/Designation: EKG Certification preferred. FLMI and FALU certifications preferred. Participation in, or attainment of, professional/technical studies or designation such as the Chartered Life Underwriter (CLU) and Fellow of Life Management Institute (FLMI). Obtainment of AALU designation.

Experience: Ten years of life underwriting experience. Five years of leadership experience in a formal or informal capacity.

Knowledge, Abilities and Skills: Validated technical underwriting ability to receive, evaluate and underwrite on a medical or non-medical basis. Extensive knowledge of life underwriting principles and practices, including basic contract law. In-depth knowledge of anatomy, physiology, pathology, medical and non-medical risks related to life insurance. Interpretation of attending physicians’ reports, medical examinations and medical test results. In-depth understanding of financial underwriting, as it pertains to life insurance. Knowledge of processing and information systems which support underwriting and new business submission. Knowledge of underwriting design and project management. Knowledge of handling and interpreting underwriting results.

Effective team leadership and management skills. Strong communication skills and ability to present externally. Relationship building skills. Ability to deal with ambiguity in a flexible and responsive manner. Maintains comfort with uncertainty, risk, and challenge. Ability to make difficult decisions and suggest alternative solutions. Consistently draws upon appropriate perspectives and resources. Ability to negotiate skillfully in difficult situations, with both internal and external groups. Possesses a proactive orientation, characterized by clear vision. Anticipates likely developments and implications and informs, motivates and can document breakthrough strategies, as they relate to underwriting issues.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Values

Regularly and consistently demonstrates the Nationwide Values.

Job Conditions

Overtime Eligibility: Exempt (not eligible)

Working Conditions: Normal office environment. Some travel required.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

We currently anticipate accepting applications until 10/30/2026. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.

Benefits

• Medical/dental/vision
• Life insurance
• Short and long term disability coverage
• Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
• Nine paid holidays
• 8 hours of Lifetime paid time off
• 8 hours of Unity Day paid time off
• 401(k) with company match
• Company-paid pension plan
• Business casual attire, and more.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

This position could be filled within any of the lower 48 U.S. states.

Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.

For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf

NOTE TO EMPLOYMENT AGENCIES

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment.

If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.

Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Manager, Underwriting - Life : $108,000.00-$200,000.00

The expected starting salary range for Manager, Underwriting - Life : $108,000.00 - $162,000.00