Remote COLI/BOLI Insurance Underwriter (Development)

Lincoln Financial Group; Hartford (CT); On-site; USD 84,000 - 135,000; Full time

Job summary

Lincoln Financial Group seeks an COLI Insurance Consultant within Executive Benefit’s Underwriting Team to analyze COLI/BOLI cases, assess mortality, financial and insurable risk, and support issuing and managing cases while ensuring regulatory compliance.

This developmental role welcomes candidates with transferable experience from operations, product management, client service or related areas, and offers collaboration with Sales, Legal, Actuarial and Compliance to build underwriting expertise.

Qualifications

• Bachelor's degree or equivalent work experience.
• Effective verbal and written communication skills.
• Ability to influence management/critical stakeholders.
• Analytical skills and close attention to detail is necessary.
• Ability to adapt quickly in a changing work environment.

Responsibilities

• Underwrite Corporate-Owned Life Insurance (COLI) applications, including corporate and institutionally sponsored programs.
• Underwrite Guaranteed Issue (GI) and Simplified Issue (SI) COLI cases in accordance with approved program designs, eligibility criteria, and carrier guidelines.
• Evaluate and assess complex financial, and corporate risks for executives, key employees, and eligible participant populations.
• Analyze corporate financial statements, program structures, and plan designs to ensure alignment with underwriting standards, regulatory requirements, and risk tolerance.
• Apply knowledge of Qualified Purchaser and Accredited Investor definitions in support of program eligibility, structure, and regulatory compliance.
• Determine face amounts, and policy terms using sound underwriting judgment
• Review and approve pre-issue and post-issue underwriting transactions, including policy changes, face amount adjustments, and other in-force underwriting requests.
• Collaborate with Sales, New Business, Legal, Compliance, Actuarial, and Operations to support case design and execution.
• Identify underwriting trends, emerging risks, and opportunities for process improvement.
• Maintain current knowledge of COLI regulations, underwriting philosophies, and market practices.

Skills

Communication skills

Analytical skills

Influence stakeholders

Adaptability

Education

Bachelor's degree or equivalent

Job description

Lincoln Financial Group seeks an COLI Insurance Consultant within Executive Benefit’s Underwriting Team to analyze COLI/BOLI cases, assess mortality, financial and insurable risk, and support issuing and managing cases while ensuring regulatory compliance.

This developmental role welcomes candidates with transferable experience from operations, product management, client service or related areas, and offers collaboration with Sales, Legal, Actuarial and Compliance to build underwriting expertise.