Life Insurance Underwriter

3 days ago


Chicago, Illinois, United States The Jacobson Group Full time
Job Summary

Seeking an experienced Life Insurance Underwriter to evaluate and handle all underwriting aspects of formal and informal life insurance applications. The ideal candidate will have a strong understanding of medical history, physical condition, occupational hazard, and financial background.

Key Responsibilities:

  • Evaluate and handle all underwriting aspects of formal and informal life insurance applications
  • Determine whether to accept, modify, or decline a risk through evaluation of an individual's medical history or physical condition, occupational hazard, and financial background
  • Deliver the best offer first to drive the sale and not only a decision
  • Provide efficient, quality service to third-party firms, their staff, and their advisors
  • Communicate effectively with customers to explain underwriting decisions and facilitate placement of business
  • Understand underwriting policies, guidelines, practices, and procedures
  • Influence and champion changes to improve processes while maintaining mortality expectations
  • Tailor communication style to fit a variety of target audiences, i.e., agency, new business personnel, and foster relationships with advisors and third-party partners
  • Collaborate effectively with stakeholders to gather information necessary for decision making and to select profitable risks
  • Provide consultations with third-party firms to resolve, rate questions, and discrepancies, or risk-related concerns. Consider total case financials, relationship, and value of customer
  • Leverage interpersonal and emotional intelligence skills to develop relationships with key business partners across this competitive landscape, which can be relied on to inform decisions and communicate underwriting decisions
  • Able to independently work assigned requests with minimal direction. Comfortable with ambiguity
  • Build trust and foster strong rapport with colleagues, business partners, and third-party customers

Requirements:

  • Minimum 5 years of life underwriting experience
  • 2+ years of recent experience with individual life underwriting
  • $3-5 million signing authority


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