VP Group Underwriting

1 day ago


Minneapolis, Minnesota, United States Voya Financial Full time

*Together we fight for everyone's opportunity for a better financial future.***
We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone's access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.

Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.

*Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage –
Apply Now
Profile Summary*
The Vice President (VP), Group Underwriting leads the development and execution of a group underwriting function for a select set of group insurance products. This executive role is responsible for developing and implementing underwriting policies, ensuring consistent pricing and risk evaluation, and overseeing production and execution of Underwriting in alignment with company and department strategies.. The VP plays a critical role in leading underwriting execution while supporting talent development and compliance.

Profile Description

  • Execute the underwriting vision and policies and practice framework for the group underwriting function.
  • Participate in the design and implementation of underwriting guidelines, authority models, and documentation standards.
  • Oversee the evaluation of risk for group insurance products including Group Life, Group Long and Short Term Disability, and Supplemental Health.
  • Ensure pricing accuracy and appropriate application of underwriting methodology across all underwriting activities.
  • Serve as a key liaison with field personnel and clients, ensuring underwriting decisions are well-communicated and aligned with client needs.
  • Represent underwriting internally and externally, and in product development, marketing rollouts, and cross-functional initiatives.
  • Hire, train, and develop a high-performing underwriting team; provide coaching, mentoring, and performance feedback.
  • Ensure underwriting operations are compliant with regulatory requirements and support state exams and security awareness initiatives.
  • Compliance & Governance: ensure that all underwriting practices comply with regulatory requirements and industry standards.

Knowledge & Experience

  • Advanced degree or equivalent experience in business, finance, actuarial science, or a related field.
  • 10+ years of progressive experience in group underwriting, with leadership responsibilities.
  • Deep understanding of underwriting practices across Group Life, Group Long and Short Term Disability, and Supplemental Health.
  • Strong negotiation, analytical, and decision-making skills.
  • Excellent oral and written communication abilities.
  • Proven experience in developing and executing underwriting strategies, policies, and training programs.
  • Expertise in metrics development, reporting practices, and quality oversight.
  • Ability to lead cross-functional teams and influence at all levels of the organization.

Compensation Pay Disclosure
Voya is committed to pay that's fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.

Actual compensation offered may vary from the posted salary range based upon the candidate's geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$200,000 - $215,000

*Be Well. Stay Well.*
Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That's why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.

*What We Offer*

  • Health, dental, vision and life insurance plans
  • 401(k) Savings plan – with generous company matching contributions (up to 6%)
  • Voya Retirement Plan – employer paid cash balance retirement plan (4%)
  • Tuition reimbursement up to $5,250/year
  • Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
  • Paid volunteer time — 40 hours per calendar year

Learn More About Voya Benefits (download PDF)
*Critical Skills*
At Voya, we have identified the following critical skills which are key to success in our culture:

  • Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
  • Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
  • Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
  • Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
  • Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Learn More About Critical Skills
*Equal Employment Opportunity
Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.
Reasonable Accommodations
Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference
resources for applicants with disabilities.*
Misuse of Voya's name in fraud schemes


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