Senior Underwriter

4 weeks ago


Sioux Falls, South Dakota, United States Sammons Financial Group Full time
Job Summary:

This role involves evaluating life insurance applications to classify risks using company risk selection standards while promoting additional sales of quality business. The ideal candidate will have a strong understanding of life underwriting and risk selection, as well as excellent decision-making skills and the ability to solve problems innovatively.

Key Responsibilities:

Evaluate life insurance applications to classify risks using company risk selection standards
Promote additional sales of quality business
Collaborate with Regional Sales Directors and MGAs to build their business
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

Requirements:

Bachelor's degree or equivalent industry-related experience
4-6 years of life insurance underwriting experience with above-average performance or approval authority of $2M or above
Specialized knowledge and experience in life underwriting and risk selection with proven decision-making ability
Knowledge of medical and non-medical risk factors and the ability to apply these factors in reaching the most favorable underwriting decision
Professional designation - FLMI, AALU, FALU, CLU, or active participation towards such professional designation
Excellent decision-making skills with the ability to solve problems innovatively
Strong verbal and written communication skills
Self-starter with excellent teamwork skills and the ability to work independently to accomplish work goals
Superior ability to listen and be responsive to customers and to sell difficult decisions while showing empathy
Desire and ability to effectively work with diverse personalities
Proven behaviors consistent with the Company Values: Openness, Integrity, Accountability, and Respect
Ability to be open to coaching and constructive feedback to become more effective and improve performance
Ability to assist Regional Sales Directors build their business by leading customized Game Plans and attracting new producers
Ability to conduct presentations and travel as needed to participate in agency meetings

Benefits:

Competitive benefit package including Health, Dental, Vision, Company Paid Retirement, PTO, and Holiday Pay
100% company-funded Employee Stock Ownership Plan (ESOP) for retirement savings
Healthy balance between work and personal lives with Friday afternoons off all year long, competitive PTO, and generous number of paid holidays
Incentive program for defined goals subject to eligibility and performance with monetary rewards based on individual and/or overall company performance
Colleagues who support one another, model our core values, and drive our healthy, high-performing culture

Pay Range:

USD $66, USD $110,228.00 /Yr.

Pay Transparency Verbiage:

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. For a narrower salary range specific to your labor market, please inquire.

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 (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.)

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