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Sr. Underwriter - Individual Life Insurance

Lincoln Financial Group Greensboro, NC
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Job Description

Alternate Locations:Concord, NH (New Hampshire); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Rolling Meadows, IL (Illinois); Work from Home


Relocation assistance is not available for this opportunity.



Requisition #57846


About the Company

Lincoln Financial Group, a Fortune 250 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas Life Insurance, Annuities, Retirement Plan Services and Group Protection focus on supporting, preserving and enhancing over 17 million customers lifestyles and retirement outcomes.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $253 billion in assets under management as of December 31, 2017.

Ranked one of the Best Large Employers in America by Forbes magazine, Lincoln Financial Group makes a serious investment in our employees futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.

 

The Role

As a Senior Life Underwriter, you have the responsibility of underwriting individual life insurance applications up to $5,000,000 up to age 85 on a cross functional underwriting team. In the underwriting capacity you have the responsibility to evaluate risk to determine individual’s insurability adhering to medical & financial underwriting guidelines.

 

Responsibilities

  • Evaluates and handles all underwriting aspects of formal & informal life insurance applications
  • Underwrites cases with a graduated amount limit up to $2,000,000 to age 70 with less than 5 years underwriting experience and up to $5,000,000 to age 85 with 5 years or more of underwriting experience
  • Identifies trends and issues and offers the best underwriting solutions
  • Provides second signature review
  • Works on assigned projects pertaining to underwriting and enterprise initiatives
  • Understanding of sales themes and concepts of varying levels of complexity
  • Understand underwriting policies, guidelines, practices and procedures, and has the ability to influence and champion changes to improve processes while maintaining mortality expectations
  • Responsible for technical underwriting knowledge of the Swiss Re underwriting manual
  • Interprets documents such as policies, proposals, claims and financial reports
  • Interacts with customers to enhance relationships
  • Demonstrates the ability to adapt and customize content and communication style to fit a variety of specific external and internal target audiences such as: agents, brokers, distribution partners, and all levels of employees
  • Demonstrates dependability, flexibility and sound judgment by adhering to schedules and meeting all productivity, quality and performance standards as well as taking ownership for your actions
  • Determines whether to accept, modify, or decline a risk through evaluation of an individuals medical history or physical condition, occupational hazard, and financial background.
  • Collaborates effectively with stakeholders to gather information necessary for decision making and to select profitable risks.
  • Represents the company by responding to questions during agency visits and developing relationships with agents and partners
  • Provides training to less experienced team members on underwriting procedures and guidelines
  • Enhances departmental outcomes by sharing knowledge with team members and providing advice on more complex underwriting determinations.
  • Communicates effectively with customers to facilitate placement of business

 

Education

  • Undergraduate degree or 4+ years of comparable work experience
  • Industry Exams – ALU 101, 201, 202, & LOMA encouraged
  • EKG Certification preferred but not required

 

Experience

  • 3 – 6+ years of experience in Underwriting Individual Life Insurance
  • Demonstrated Excellence in:  Problem Solving / Analysis; Comprehension of Complex Information; Influencing Others; Risk Assessment; Demonstrated decision making using sound judgment; Negotiation Skills; Managing Conflict
  • Developed Skills in: analyzing and interpreting complex financial documents including profit/loss statements, income statements, and balance sheets
  • Developed Skills in: Estate Growth Calculations and Life Expectancy Calculations
  • Strong Written and Verbal Communication skills
  • Intermediate in: Microsoft Office (Outlook, Word, PowerPoint, Excel)
  • A demonstrated track record of working with minimal supervision, being a self-starter and working with others in a team environment

 

#LI-CA1


This position may be subject to Lincolns Political Contribution Policy. An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincolns current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.

Lincoln Financial Group (LFG) is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information. Applicants are evaluated on the basis of job qualifications. If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.







Job Details

Date Posted November 1, 2018
Date Closes December 1, 2018
Requisition 57846-en_US
Located In Greensboro, NC
Department Underwriting
SOC Category 00-0000.00
Location