Senior Underwriting Consultant

Manulife Financial; Massachusetts; Remote; USD 90,000 - 163,000; Full time

Job summary

A leading financial services provider is seeking a Senior Underwriting Consultant to enhance underwriting capabilities and simplify the insurance process. The role involves collaborating with cross-functional teams, applying innovative solutions, and ensuring a seamless customer experience. The ideal candidate will possess strong analytical skills and a proven track record in underwriting.

Benefits

Health Insurance

Dental Insurance

Retirement Plans

Paid Time Off

Statutory Leaves

Qualifications

• 5-10 years of underwriting/research experience.
• Knowledge of underwriting risk assessment.

Responsibilities

• Research and recommend new data sources and underwriting techniques.
• Develop innovative, data-driven underwriting solutions.
• Analyze underwriting data through studies and claims experience.

Skills

Communication

Problem-Solving

Collaboration

Education

Degree in science, medical, or related field

FALU/FLMI certification

Tools

MS Office

Job description

Key to John Hancock’s success is maintaining the core competency of Underwriting expertise, which relies on a strategy of continual enhancements to our proprietary underwriting approaches and staying current with medical, lifestyle, and technological advances that can further develop our underwriting capabilities.

We are seeking a Senior Underwriting Consultant

with a proven track record of making sound underwriting decisions, building strong relationships, and communicating effectively. Join us on our transformation journey to simplify the insurance process for our customers. This role is responsible for providing underwriting subject matter expertise and collaborating with cross-functional teams including actuaries, operations specialists, data scientists, and developers. The ideal candidate will demonstrate research and development skills, innovative thinking, and creative problem-solving abilities.

Responsibilities:

1. Research, analyze, and recommend on new data sources and underwriting techniques.
2. Collaborate to develop innovative, data-driven underwriting solutions that ensure a seamless customer experience.
3. Support product development initiatives.
4. Analyze underwriting data through studies and claims experience where applicable.
5. Prioritize projects to maximize business value.
6. Stay informed about external factors affecting underwriting, such as medical, technical advancements, industry rules, and regulations.
7. Monitor competitor actions and industry trends.
8. Work with internal stakeholders to recommend and implement guideline changes.
9. Coordinate with external vendors and technologies supporting business capabilities.
10. Apply innovative thinking and creative problem-solving to complex underwriting challenges.
11. Contribute to continuous improvement of underwriting practices and procedures.
12. Communicate results and progress effectively to senior management.

Requirements:

1. Knowledge of underwriting risk assessment, including medical, non-medical, and financial aspects.
2. Experience with technology implementations, requirements communication, and testing.
3. Self-motivated, able to problem-solve and execute under deadlines.
4. Excellent interpersonal and communication skills, comfortable presenting to senior leaders.
5. Ability to convey complex underwriting concepts to diverse stakeholders.
6. Strong collaboration skills across technical and functional teams.
7. Proficiency in MS Office, including Excel, PowerPoint, Teams, and web tools.
8. Degree in science, medical, or related field, or 5-10 years of underwriting/research experience.
9. FALU/FLMI certification is a plus.
10. Ability to work across virtual teams and in collaborative environments.
11. Willingness to travel occasionally.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider committed to helping people make decisions easier and lives better. Learn more at https://www.manulife.com/en/about/our-story.html.

Equal Opportunity Employment

We embrace diversity and strive to create an inclusive work environment. We are committed to fair recruitment, retention, and advancement practices without discrimination based on race, ethnicity, gender, age, disability, or other protected grounds.

Applicants requesting reasonable accommodations during the application process should contact [e-mail].

Additional Details

Location: USA, Massachusetts — Remote. Salary range: $90,225 - $162,405 USD. Contact [e-mail] for location-specific salary information. We offer comprehensive benefits, including health, dental, retirement plans, paid time off, and statutory leaves.