Senior Life Underwriter

Transamerica; Baltimore (MD); Remote; USD 73,000 - 102,000; Full time

Job summary

An established industry player is seeking a skilled Underwriter to join their dynamic team in Baltimore. This role offers the opportunity to leverage your underwriting expertise while contributing to a supportive and innovative environment. With a focus on continuous improvement, you'll be empowered to challenge established practices and lead initiatives that enhance team performance. Enjoy a competitive salary, a robust benefits package including a generous 401(k) plan and fully funded pension, and the flexibility of remote work options. If you're passionate about making an impact and advancing your career in underwriting, this is the perfect opportunity for you.

Benefits

401(k) Plan

Fully Funded Pension Plan

Annual Bonus

Tuition Reimbursement

Medical Insurance

Vision Insurance

Employee Discounts

Paid Time Off

Parental Leave

Employee Assistance Program

Qualifications

• 4+ years of experience in life or health underwriting.
• Demonstrated skills in risk assessment and MS Office.

Responsibilities

• Assist team and Underwriting Department with daily tasks.
• Lead and execute department projects to improve processes.

Skills

Life or Health Underwriting Experience

Risk Assessment Skills

MS Office Skills

Decision Making

Problem Solving

Communication Skills

Multi-tasking

Education

Bachelor’s Degree or Equivalent

Tools

AWD or Similar System

Job description

• Proven competency at all job tasks and expectations of Underwriter and Intermediate Underwriter.
• Influential with immediate team and other peer groups of Underwriters.
• Shows initiative in daily tasks, does not need direction to be productive. Initiative also in assisting team and Underwriting Department.
• Good sense of organization, who to go to, to get questions answered. Understands own role within the team and how their actions impact broader team and organizational success.
• Shows willingness to question established practices and challenge others in a professional manner.
• Continually looks for ways to improve upon processes. Willingness to volunteer to lead and execute department / functional project.

Qualifications

• Bachelor’s degree or equivalent combination of education / experience.
• Minimum of 4 years life or health underwriting experience.
• Demonstrated skill in AWD or similar system, MS Office skills, risk assessment skills and strong platform skills.

Preferred Qualifications

• Minimum of two LOMA classes, working toward FLMI designation. Have completed the AALU Certification, while working towards FALU.
• Ability to multi-task and prioritize.
• Excellent verbal and written communication skills when working with different levels of both internal and external audiences.
• Ability to meet high productivity demands for self and staff.
• Strong decision making and problem-solving skills.
• Ability to work independently and possibly work in remote setting with virtual environment and team.

Working Conditions

Compensation

• Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.

The Salary for this position generally ranges between $73-102K. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus of 10% based on the Company Bonus Plan / Individual Performance and is at Company discretion.

We offer a competitive salary, great benefits (including a 401(k) plan with no vesting requirements, fully funded pension plan where the company contributes 5% of your base salary), remote work and many more benefits!

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Competitive Pay

Bonus for Eligible Employees

Benefits Package

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Disability Insurance

Medical Insurance

Vision Insurance

Employee Discounts

Health and Work / Life Balance Benefits

Paid Time Off starting at 160 hours annually for employees in their first year of service.

Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

Adoption Assistance

Employee Assistance Program

College Coach Program

Back-Up Care Program

PTO for Volunteer Hours

Employee Matching Gifts Program

Employee Resource Groups

Inclusion and Diversity Programs

Employee Recognition Program

Referral Bonus Programs

• As of December 31, 2022

Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts throughthe Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including theInclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees.Theyprovide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

Giving Back

Webelieve our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mixof financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

Aegonacquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 29.5 million people across the globe. It offers investment, protection, and retirement solutions, always with a clear purpose : Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.