Life Underwriting Director jobs in Virginia

Life Underwriting Director directs and oversees the life insurance underwriting program for individuals and/or groups. Responsible for ensuring integrity of underwriting activities and processes. Being a Life Underwriting Director provides coaching to underwriters and assists on more complex applications. Requires a bachelor's degree or equivalent. Additionally, Life Underwriting Director typically requires Chartered Life Underwriter (CLU) certification or Fellow Life Management Institute (FLMI) designation. Typically reports to top management. The Life Underwriting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Life Underwriting Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

D
Director of Underwriting
  • DELTA DENTAL OF VIRGINIA
  • Fully Remote, VA, US, VA FULL_TIME
  •  

    Position Summary: 

    Directs all essential dental and vision plan underwriting functions for the company.  Oversees the underwriting, renewing, and related reporting for all experience rated large group risk and ASC accounts.  Supports setting and executing of strategic plans in support of department and company goals.  Directs underwriting staff in three key functional areas: renewal underwriting, new group proposals and proposal support, and related data reporting and analysis. Manages the financial risk to meet defined pricing targets, margin goals and subscriber growth objectives.  Assists the Vice President, Actuarial in determination and management of financial goals in support of DDVA, Stryden, and Corvesta strategy.


     Essential Functions:

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Other duties may be assigned.

    • Direct and oversee the large group proposal pricing process for Underwriting Staff.
    • Direct and oversee the large group renewal process to meet monthly and annual schedules and individual and cumulative pricing targets.
    • Work closely with the VP Actuarial and Sr. Director of Actuarial to support implementation and achievement of pricing targets.
    • Oversee the Underwriting staff in renewal negotiations and pricing margin management.
    • Work closely with the Actuarial Team on rate development, pricing methods and models, and risk mitigation strategies.
    • Supports the ongoing development of internal IT systems supporting underwriting (Keyspring, Qlik, KSEDW) in regard to Actuarial and Underwriting business requirements and emerging best practices.
    • Direct the use of, and engage in development of, our data warehouse and/or BI systems to support the underwriting functions. Support Marketing and Account Management in supplying clients with accurate, timely and complete data reporting.
    • Work with Vice President, Actuarial to define strategic and tactical goals for the department annually and support strategic planning process.
    • Work closely with Directors of Sales, Account Management and Marketing to ensure renewal of group clients, achievement of sales goals, and overall loss ratio management. 
    • Negotiate key account pricing with Pricing Committee, key clients and consultants to ensure placement and retention of key accounts per Underwriting Authority limits.
    • Make key business decisions to balance financial goals with market conditions, client demands and consultant /broker requirements. Manage staff to execute overall strategy while considering appropriate exceptions and alternative strategies.

     

    Qualifications/ Education/ Experience: 

    • Bachelor’s Degree in Business, Mathematics, Actuarial Services, Economics or related field with a minimum of fifteen years’ related health or dental plan underwriting experience with progressive managerial responsibilities.
    • MBA, actuarial certification, or related advanced degree required; related industry health insurance designations a plus.
    • Technical and software skills required:  proficiency in Microsoft Excel, Word and Outlook a must. Access, VB, SQL, and BI data management tools and experience with data mining and query tools preferred.
    • Ability to relate underwriting processes to the financial performance of the company through the use of internal financial reporting, renewal pricing metrics, and market feedback to optimize outcomes.
    • Demonstrated ability to manage staff to execute multiple financial, growth and strategic goals. Effective ability to communicate orally or in written form effectively with internal and external customers, including all levels of company management.
    • Demonstrated ability to manage underwriting staff of varying experience levels and to mentor them to grow in responsibility levels and personal development.
    • Ability to anticipate and solve practical problems or resolve business issues.  Demonstrated comfort level working to solve business challenges where rules or standard guidelines may not apply. 
    • Demonstrated success in creating new processes or solutions when external markets or competitors actions create roadblocks to our strategy. 
    • Ability to represent Department in management, strategy, project or client meetings when Vice President is not available.
    • Proven record of team building, motivating staff and goal attainment.


    Physical Demands and Work Environment:  

    The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

    • Physical demands: While performing the duties of this job, the employee is occasionally required to walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; balance; stoop; talk or hear. Use of hands is required for such technological devices such as a computer, telephone, and others. The employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus. The employee will be required to travel (sometimes long distances) to attend required meetings. 
    • Work environment: The work is limited to the office environment with occasional trips to other office facilities or locations necessitating walking outdoors or driving. The noise level in the work environment is usually minimal.
  • 1 Month Ago

B
Underwriting Director - Small Commercial
  • Berkley
  • Allen, VA OTHER
  • Company Details Berkley Mid-Atlantic Insurance Group (BMAG) is a property and casualty insurance provider serving the Mid-Atlantic Region. We are a member of W. R. Berkley Corporation, one of the larg...
  • 15 Days Ago

Y
Director of Youth Ministry Fort Belvoir
  • Young Life
  • Fort Belvoir, VA FULL_TIME
  • Description: There are nearly 300,000 teenagers of active-duty U.S. military parents who are stationed all over the world. These teens move an average of seven times during their school-aged years. Th...
  • 25 Days Ago

Y
Director of Youth Ministry at a Norfolk Military Installation
  • Young Life
  • Norfolk, VA FULL_TIME
  • Description: There are nearly 300,000 teenagers of active-duty U.S. military parents who are stationed all over the world. These teens move an average of seven times during their school-aged years. Th...
  • 25 Days Ago

Y
Area Director - Western Prince William County, VA
  • Young Life
  • Prince, VA FULL_TIME
  • Description: Young Life in Western Prince William County has a great blend of all the best parts of the Capital Region. It has a close proximity to Washington D.C. and borders some of the region's bea...
  • Just Posted

Y
Director of Youth Ministry at a Quantico Military Installation
  • Young Life
  • Quantico, VA FULL_TIME
  • Description: There are nearly 300,000 teenagers of active-duty U.S. military parents who are stationed all over the world. These teens move an average of seven times during their school-aged years. Th...
  • 5 Days Ago

H
Director of Underwriting
  • Hy Cite
  • Madison, WI
  • JOB TITLE: Director of Underwriting REPORTS TO: Senior Vice Presidente of Financial Service LOCATION: Onsite in Madison,...
  • 3/27/2024 12:00:00 AM

I
Underwriting Director
  • IAT Insurance Group
  • Walnut Creek, CA
  • The Inland Marine Business Unit within IAT has an immediate opening for an Underwriting Director who can work from IAT's...
  • 3/26/2024 12:00:00 AM

A
Director of Commercial Underwriting (commercial/auto)
  • ARC Group
  • Fort Lauderdale, FL
  • DIRECTOR OF UNDERWRITING (COMMERCIAL) ARC Group has an immediate opportunity a Director of Underwriting with commercial ...
  • 3/26/2024 12:00:00 AM

J
Director, Risk Underwriting
  • Justworks
  • New York, NY
  • Who We Are At Justworks, you'll enjoy a welcoming and casual environment, great benefits, wellness program offerings, co...
  • 3/25/2024 12:00:00 AM

B
Underwriting Director - Small Commercial
  • Berkley
  • Glen Allen, VA
  • Company Details: Berkley Mid-Atlantic Insurance Group (BMAG) is a property and casualty insurance provider serving the M...
  • 3/25/2024 12:00:00 AM

T
Managing Director / Treaty Underwriting
  • The Hartford Financial Services Group, Inc.
  • Miami, FL
  • Managing Director - UQ06FB We're determined to make a difference and are proud to be an insurance company that goes well...
  • 3/25/2024 12:00:00 AM

O
Senior Underwriting Director
  • Old Republic General Insurance Group
  • ORE&S – SENIOR UNDERWRITING DIRECTOR - PROPERTY BROKERAGE About Old Republic: Old Republic International Corporation tra...
  • 3/24/2024 12:00:00 AM

I
Corporate Underwriting Director (Remote)
  • Intact Insurance
  • Minneapolis, MN
  • Job Description We currently have an opportunity for a Corporate Underwriting Director to join our Corporate North Ameri...
  • 3/24/2024 12:00:00 AM

Virginia (/vərˈdʒɪniə/ (listen)), officially the Commonwealth of Virginia, is a state in the Southeastern and Mid-Atlantic regions of the United States located between the Atlantic Coast and the Appalachian Mountains. Virginia is nicknamed the "Old Dominion" due to its status as the first English colonial possession established in mainland North America and "Mother of Presidents" because eight U.S. presidents were born there, more than any other state. The geography and climate of the Commonwealth are shaped by the Blue Ridge Mountains and the Chesapeake Bay, which provide habitat for much of ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Life Underwriting Director jobs
$170,639 to $217,921

Life Underwriting Director in Lorain, OH
Underwriting is used to get a picture of who you are based on your characteristics, especially how healthy you are (or not).
January 12, 2020
Life Underwriting Director in Hopkinsville, KY
Life insurance underwriters have long relied on motor vehicle records (MVRs) to provide valuable insight into the risks presented by proposed insureds.  Many predictive value studies have shown higher mortality rates associated with driving under the influence, reckless driving, suspensions, speeding, and distracted driving.  MVRs are a predictive data source that can indicate an individual’s all-cause mortality across a wide spectrum of ages and genders.
February 11, 2020
Life Underwriting Director in Bloomington, IN
Promote underwriting expertise to field distribution.
February 07, 2020