Life Underwriting Manager jobs in Ohio

Life Underwriting Manager manages the daily operations of life underwriting department for a variety of products to contribute to the achievement of financial objectives of the business. Underwrites and oversees the issuance of renewal on key accounts. Being a Life Underwriting Manager proposes enhancements for life underwriting policies and procedures. Must be familiar with current legislative and compliance processes affecting Life Insurance. Additionally, Life Underwriting Manager typically requires a bachelor's degree or equivalent. Typically reports to a head of a unit/department. The Life Underwriting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Life Underwriting Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

W
Senior Life Insurance Underwriting Consultant
  • Western & Southern Financial Group
  • CINCINNATI, OH FULL_TIME
  • Overview

    Summary of Responsibilities:

    Independently evaluates and classifies risks on applications for life, accident and critical illness insurance including supplemental benefits and policy changes in accordance with mortality and morbidity pricing assumptions. Underwrites life insurance applications and associated risks. Classifies the risk with a minimum of underwriting requirements. Verbally discusses cases with Field Sales associates and applicants, which may involve explaining the reasons the Company took adverse action on an application and attempting to diminish any negative reaction by the applicant.

    Develops a strong knowledge of human physiology in order to glean the necessary information from the data collected. In addition, builds a high level of knowledge of other technical aspects of the underwriting process, which includes financial needs, insurable interests, avocations and occupations along with a comprehensive knowledge of the company's products and procedures.

    Concurs on cases that are over the Underwriters' limits of authority; the Senior Underwriting Consultant will be responsible for the final approval of these cases. Reviews the cases of the Underwriters to determine the quality of the work and any developmental needs.

    Responsibilities

    Position Responsibilities:

    • Independently determines the extent of the risk to the Company and assigns a classification.

    • Independently evaluates underwriting requirements through a variety of correspondence, reports and forms.

    • Determines if additional underwriting requirements in excess of the regular requirements (i.e., age/amount requirements) are needed.

    • Makes underwriting decisions that produce claim results within the Company's mortality expectations.

    • Determines appropriateness of applied coverage (i.e., sufficient financial justification, appropriate insurable interest).

    • Concurs on cases over the Underwriters’ limit of authority.

    • Completes file reviews on the Underwriters.

    • Complies with federal and state rules and regulations (i.e., MIB, Fair Credit Reporting Act, blood testing, Replacements, 1035 Exchanges, etc.).

    • Communicates with field force, vendors, reinsurers, various Home Office associates, etc.

    • Underwrites policy changes, reinstatements, rate reduction or removal.

    • Gives proper direction to the New Business support staff and Underwriters.

    • Serves in the lead position for the team on a periodic basis, communicating workflow to the group and other teams.

    • Effectively works within a team composed of associates who are at various levels of experience and expertise in addition to various job levels.

    • Periodically prepares procedures to be used in work-related procedural and training manuals, and also prepares formal reports in conjunction with department projects.

    • Mentors underwriters regarding cases, customer service, relationships with agents and technical skills. Develops and presents structured job-specific training as management directs, applying appropriate adult-learning principles.

    • Shares prepared cases studies with underwriting staff in order to develop the skills of the entire group.

    • Maintains confidentiality of information including sensitive medical, financial, personal and payroll information.

    • Makes presentations to sales schools and at seminars regarding underwriting practices.

    • Builds relationships with peers within the industry to share best practices and benchmark underwriting guidelines.

    • Collaborates with AVP & Chief Underwriter, Chief Underwriter and Medical Director on special projects.

    • Acts as backup to AVP & Chief Underwriter or Chief Underwriter as needed.

    • Performs other duties as assigned by management.

    Qualifications

    Selection Criteria:

    • Demonstrated experience evaluating risk and insurability on large face amount cases.

    • Demonstrated knowledge of medical terminology.

    • Proven ability to successfully portray strong financial and medical underwriting skills.

    • Demonstrated strong negotiation skills and experience “selling” adverse decisions to producers in a clear, concise and positive manner that leaves producers feeling good about the decisions.

    • Proven strong analytical skills, including demonstrated experience identifying and quantifying problems and providing effective resolution.

    • Proven experience working in a customer-oriented field and effectively articulating information to clients in a patient and understanding manner while managing multiple tasks/issues involving clients.

    • Demonstrated excellent verbal and written communication skills with ability to convey information to internal and external customers in a clear, focused and concise manner.

    • Proven examples of handling difficult situations effectively while maintaining high volumes of work.

    • Demonstrated ability to show leadership within a work group and mentor associates with various levels of experience.

    • Demonstrated strong attention to detail with excellent organizational skills. Cite examples of organization and time management methods used to manage or prioritize workload demands.

    • Proven examples from work experience of going beyond the call of duty to assist team members.

    • Proven experience adapting and demonstrating flexibility associated with changes to policies/procedures.

    Work Setting:

    • Works in an office setting and remains continuously in a stationary position for long periods of time while working at a desk, on a computer or with other standard office equipment, or while in meetings.

    • Performs repetitive motions of the wrists, hands and/or fingers for continuous computer work.

    Educational Requirements:

    • College degree or relevant underwriting experience preferred.

    • LOMA 280, 290, 311, 320, ACS-100 (Designation), ALU-1, ALU-2, FALU and/or CLU Designation and/or commensurate experience as outlined in the selection criteria section.

    Computer Skills and Knowledge of Hardware & Software Required:

    • Working knowledge of word processing and spreadsheet applications.

    Certifications & Licenses (i.e., Series 6 & 63, CPA, etc.):

    • None required.

    Position Demands:

    • Extended hours required during peak workloads or special projects.

  • 2 Months Ago

U
Underwriting Sales Manager
  • UniTrust Financial Group
  • Canton, OH FULL_TIME
  • Underwriting Sales Manager Location: Remote (Virtual/Work From Home) Working Hours: Flexible (Self-paced) Job Overview: We are seeking a dynamic and results-oriented Underwriting Sales Manager to join...
  • 4 Days Ago

U
Underwriting Sales Manager
  • UniTrust Financial Group
  • Columbus, OH FULL_TIME
  • Underwriting Sales Manager Location: Remote (Virtual/Work From Home) Working Hours: Flexible (Self-paced) Job Overview: We are seeking a dynamic and results-oriented Underwriting Sales Manager to join...
  • 5 Days Ago

U
Underwriting Sales Manager
  • UniTrust Financial Group
  • Dayton, OH FULL_TIME
  • Underwriting Sales Manager Location: Remote (Virtual/Work From Home) Working Hours: Flexible (Self-paced) Job Overview: We are seeking a dynamic and results-oriented Underwriting Sales Manager to join...
  • 5 Days Ago

U
Underwriting Sales Manager
  • UniTrust Financial Group
  • Akron, OH FULL_TIME
  • Underwriting Sales Manager Location: Remote (Virtual/Work From Home) Working Hours: Flexible (Self-paced) Job Overview: We are seeking a dynamic and results-oriented Underwriting Sales Manager to join...
  • 5 Days Ago

U
Underwriting Sales Manager
  • UniTrust Financial Group
  • Cleveland, OH FULL_TIME
  • Underwriting Sales Manager Location: Remote (Virtual/Work From Home) Working Hours: Flexible (Self-paced) Job Overview: We are seeking a dynamic and results-oriented Underwriting Sales Manager to join...
  • 5 Days Ago

S
Commercial Underwriting Manager
  • Society Insurance Company
  • Fond Du Lac, WI
  • Job Information Job Title Commercial Underwriting Manager Home Department: Commercial Underwriting Employment Status: Ex...
  • 3/28/2024 12:00:00 AM

N
Senior Underwriting Manager
  • National Processing
  • Orem, UT
  • Job Type: Full-time Onsite Hours: Monday - Friday 8:30am - 5:00pm What Differentiates Us From Other Companies This posit...
  • 3/28/2024 12:00:00 AM

P
Underwriter Manager
  • Pennymac
  • Moorpark, CA
  • PENNYMAC: Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integr...
  • 3/26/2024 12:00:00 AM

R
Underwriting Manager
  • Richmond American Homes
  • Denver, CO
  • Overview: BREAK GROUND ON A REWARDING CAREER WITH US! At MDC Holdings, Inc./Richmond American Homes, we encourage a comp...
  • 3/26/2024 12:00:00 AM

C
Underwriting Manager
  • Confidential
  • Plymouth, MI
  • Job description The Manager of Underwriting will plan, direct, coordinate, and oversee activities for developing and exe...
  • 3/25/2024 12:00:00 AM

D
Assistant Underwriting Manager
  • D.R. Horton, Inc.
  • Austin, TX
  • D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New ...
  • 3/25/2024 12:00:00 AM

I
Surety Underwriting Manager
  • IAT Insurance Group
  • Alpharetta, GA
  • IAT Surety has an immediate opening for a Contract Surety Underwriting Manager in our Alpharetta, Georgia location.This ...
  • 3/25/2024 12:00:00 AM

E
Underwriting Manager
  • Everest Insurance
  • Warren, NJ
  • Title: Underwriting Manager Company: Everest Insurance Company Job Category: Underwriting Job Description: Everest is a ...
  • 3/24/2024 12:00:00 AM

Ohio /oʊˈhaɪoʊ/ (listen) is a Midwestern state in the Great Lakes region of the United States. Of the fifty states, it is the 34th largest by area, the seventh most populous, and the tenth most densely populated. The state's capital and largest city is Columbus. The state takes its name from the Ohio River, whose name in turn originated from the Seneca word ohiːyo', meaning "good river", "great river" or "large creek". Partitioned from the Northwest Territory, Ohio was the 17th state admitted to the Union on March 1, 1803, and the first under the Northwest Ordinance. Ohio is historically know...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Life Underwriting Manager jobs
$127,227 to $165,452

Life Underwriting Manager in Port Arthur, TX
While some people still apply for life insurance directly through a live agent, companies like Fabric let you apply totally online.
February 01, 2020
Life Underwriting Manager in Newark, NJ
RLIC needed to find a solution that could improve process control, reducing average underwriting turn around time (TAT) from weeks to hours.
February 11, 2020
Life Underwriting Manager in Vallejo, CA
Insurers hope that in the long run, they will be able to serve customers more expediently by building more accurate underwriting and pricing models, particularly in the underserved mid-market where many Canadians still do not have adequate insurance coverage.
December 03, 2019