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Osaic · 8 hours ago

AVP, Associate Chief Underwriter

United States

Full-time

Remote

Director/Executive

$120K/yr - $150K/yr

15+ years exp

Osaic is a company in the insurance industry, and they are seeking an AVP, Associate Chief Underwriter. The role involves providing high-level life insurance and long-term care underwriting expertise, mentoring less experienced personnel, and ensuring effective communication with brokers and carriers.

Business DevelopmentFinancial ServicesWealth Management

No H1B

Responsibilities

Review applications, examinations, and medical records as requested by the case manager to ensure all appropriate medical records have been ordered

Review medical records as needed to identify any potential underwriting issues and offer an opinion on the underwriting outcome

Summarize complex medical history for submission to carriers

Thorough understanding of Jumbo case & facultative reinsurance underwriting

Evaluate underwriting evidence and provide guidance on cases approved

Assist with and create cover letters

Assist in maintaining underwriting data and underwriting resources

Develop training and mentorship for underwriting associates and case managers

Partner with sales as key customer connection into HCB

Market your value to VIP customers as appropriate to strengthen key customer relationships

Meet with customers on field visits to promote HCB underwriting value as a differentiator

Review email, phone or web submitted inquiries from brokers and provide underwriting guidance

Maintain correspondence with carriers and brokers by telephone, fax, letter or email

Notify broker, Sales Vice President, and case manager of underwriting opinion

Utilize data management systems per Highland Capital protocols to ensure accurate reporting

Work with internal sales resources as needed so as to properly position cases

Negotiate carrier offers where appropriate to ensure that optimal underwriting class is being received

Qualification

Life & Health Insurance LicenseLife Underwriting experienceMedical terminology knowledgeNegotiation skillsCritical thinkingTeam buildingCustomer engagementProcess improvementAttention to detailMentoring

Required

Minimum of Associate's degree or equivalent is required. High school diploma (or equivalent) in combination with significant practical experience will be considered in lieu of degree

Life & Health Insurance License

Minimum of 15 years Life Underwriting experience

Prior Life Insurance Brokerage or Life Insurance Company experience

Possess a well-versed knowledge of medical terminology, medicine, medical science and symptomology, non-medical and financial risk selection methodologies, MIB, legal and regulatory limitations, contractual provisions, products, morbidity and mortality, underwriting guidelines, manuals, and operating systems

Strong critical thinking and decision-making skills; attention to detail with the ability to quickly identify information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances of events

Excellent communication (verbal and written), team building, strong interpersonal and customer engagement, and negotiation skills

Identifies and directs the implementation of process improvements that significantly improve quality across the team, department and/or business unit for their assigned area(s) of responsibility

Maintains knowledge on current and emerging developments/industry trends. Collaborates with UW leadership to evaluate new trends and developments for possible current and future solutions

Mentors underwriting team members and serves as a subject matter expert in one or more financial and/or medical topics related to underwriting and risk assessment; conducts trainings and/or prepares written documentation in field of expertise

Negotiates sensitive, high-impact underwriting decisions with key distribution partners

High degree of confidentiality