Senior Underwriter

4 weeks ago


Sioux Falls, South Dakota, United States Midland National Life Insurance Company Full time
Job Summary

We are seeking a highly skilled Senior Underwriter to join our team at Midland National Life Insurance Company. As a Senior Underwriter, you will play a critical role in evaluating applications for life insurance and classifying risks using our company's risk selection standards.

Key Responsibilities
  • Evaluate applications for life insurance and classify risks using company risk selection standards.
  • Communicate with agents and providers to facilitate the application and policy issue process.
  • Provide guidance to Case Managers in obtaining required information and in providing information to agents, other employees, and service providers.
  • Take final action on cases as authorized by the Manager, Underwriting, pertaining to case size and mortality class.
Requirements
  • Bachelor's degree or equivalent industry-related experience required.
  • 4-6 years of life insurance underwriting experience with above-average performance or approval authority of $2M or above required.
  • Specialized knowledge and experience in life underwriting and risk selection with proven decision-making ability required.
  • Knowledge of medical and non-medical risk factors and the ability to apply these factors in reaching the most favorable underwriting decision required.
What We Offer
  • A competitive benefit package that includes health, dental, vision, company-paid retirement, PTO, and holiday pay.
  • An Employee Stock Ownership Plan (ESOP) that is a 100% company-funded retirement plan.
  • A healthy balance between work and personal lives, including Friday afternoons off all year long and a generous number of paid holidays.
Salary Range

USD $66, USD $110,228.00 /Yr. Range includes data points from multiple labor markets. Specific range is dependent on the labor market where the incumbent will be hired to perform the position. Starting salary is dependent on candidate qualifications and experience.

Work Authorization/Sponsorship

At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role.



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