Underwriting Consultant

Summary

Conducts complex risk assessments on proposed insurance applications by analyzing data and authorizing policies to protect the bottom line of NLG and increase profitability. Will handle cases that cannot be auto-decisioned through the engine or handled by the Associate Underwriting team; focus on higher profile and more complicated risks.

Key Responsibilities

Case Review and Underwrites: An expert in complex risk assessments on potential clients (e.g. higher face values, authority, risk, etc.) Analyzes health-related data, assessing financial status of clients, and decisioning policies more complex in nature. A subject matter expert in various areas of Underwriting.

Growing and Maintaining Underwriting Knowledge Base: Continues to build knowledge and expand knowledge base; keeping up to date on Underwriting trends and sharing this information with the Underwriting department. Has developed an expertise as a subject matter expert and continuously seeks information in this area.

Collaborates: Excellent communicator that directly contributes to the building and maintaining of strong relationships within and outside the organization. Anticipates questions or misunderstandings from the field and is proactive in communication. Works across all lines with management, marketing, and internal/external partners.

Provides Technical Expertise: Participates in Underwriting projects/presentations as assigned that directly impact our department and efficiencies. Interacts with the field on calls, webinars, and/or field visits. Serves as go-to person for junior underwriter's and helps them efficiently assess risk, and role models day-to-day prioritization to help manage team workflow.  Identifies opportunities for improvement in Underwriting and develops departmental philosophies and process changes to address concerns.

Escalation Resolution: Manages agency escalations (e.g. appeals, exception requests) within authority, creatively uses tools to assess risk, negotiate and sell decisions to balance risk and meet customer needs. Consults with team members on escalations using previous knowledge and experience.

Requirements

8+ years industry experience required

Factors that lead to success….

 

• You have a proven track record of solid decision making
• You demonstrate strong business acumen
• You easily manage time, competing priorities and stress
• You provide effective mentoring to others
• You position points of view in a way that convinces others to act, negotiating where appropriate (Persuading others)
• You can clearly convey your message verbally and written (Communicates effectively), and demonstrates strong listening skills
• You readily identify opportunities and implement ways to optimize work processes
• You are aware of your strengths, weaknesses, opportunities, and limitations while continually seeking feedback to improve yourself (Demonstrates self-awareness)
• You are excited about learning, and easily understand new concepts (Nimble Learning)
• You ask the right questions, often from multiple sources, to accurately analyze situations, seeking to understand the root cause of problems (manages complexity / problem solving)

 

The base compensation range represents the low and high end of the range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to qualifications, skills, competencies, location, and experience. The range listed is just one component of our total compensation package for employees.Other rewards may include an annual bonus, quarterly bonuses, commissions, and other long-term incentive compensation, depending on the position.  National Life offers a competitive total rewards package which includes: a 401(k) retirement plan match; medical, dental, and vision insurance; a company funded wellness account for director and below employees; 10 paid holidays; a generous paid time off plan (22 days of combined time-off for non-exempt employees and exempt employees have discretion in managing their time, including scheduling time off in the normal course of business, but in no event will exempt employees receive less sick time than required by state or local law); 6 weeks of paid parental leave; and 6 weeks of paid family leave after a year of full-time employmentNational Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.Fortune 1000 status is based on the consolidated financial results of all National Life Group companies. National Life Group1 National Life DrMontpelier, VT 05604Social Media Policy Site Disclosure and Privacy Policy