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Position Summary

As a **Senior Life Insurance Underwriter** , you will play a critical role in facilitating the sale of life insurance by applying sound, cost-effective underwriting principles. You will assess risk and determine appropriate premium classifications based on a comprehensive evaluation of applicants’ health, financial background, occupation, travel, and lifestyle.

Key Responsibilities

+ **Risk Assessment & Decision-Making**

+ Evaluate new business, reinstatements, and coverage change requests.

+ Determine underwriting requirements and order necessary medical exams or assessments.

+ Analyze applicant data from various sources including MIB, medical records, financial documents, and motor vehicle reports.

+ **Stakeholder Communication**

+ Collaborate with financial advisors, Insurance Planning Specialists, and Internal Sales Consultants.

+ Clearly communicate underwriting decisions and provide guidance on potential reconsiderations.

+ **Process Management**

+ Balance workload, advisor expectations and the underwriting team for effective underwriting.

+ Document and update underwriting systems with accurate and timely information.

+ Refer cases to reinsurance or consult with the carrier’s Chief Underwriter or Medical Director as needed.

+ **Compliance & Documentation**

+ Ensure underwriting decisions align with internal policies, industry standards, and regulatory requirements.

+ Draft correspondence including approval/decline letters, advisory memos, and confidential medical communications.

+ **Continuous Improvement**

+ Participate in the development and refinement of underwriting policies, procedures, and systems.

+ Stay current on industry trends, legislation, and best practices.

Qualifications

+ **Experience & Education**

+ Minimum 5 years of life insurance underwriting experience.

+ AALU designation required; actively pursuing FALU and/or FLMI preferred.

+ **Technical Expertise**

+ Strong knowledge of medical and financial underwriting principles.

+ Proficient in interpreting underwriting manuals, legislation, and insurance product provisions.

+ **Skills & Competencies**

+ Exceptional analytical and risk assessment skills.

+ Strong written and verbal communication abilities.

+ Proven leadership and mentoring capabilities.

+ Ability to manage complex cases and make sound, independent decisions.

Why Join Us?

+ Work with a collaborative and experienced underwriting team.

+ Opportunity to influence underwriting strategy and policy.

+ Competitive compensation and benefits package.

+ Support for continued professional development and certification