Underwriter Consultant
Company: MassMutual
Location: East Hartford
Posted on: October 8, 2024
|
|
Job Description:
The Opportunity
As an Underwriting Consultant - Advanced on MassMutual's
Accelerated Underwriting Team, you will be part of a dynamic group
of underwriters dedicated to fulfilling the commitment of
MassMutual's accelerated (fluidless) underwriting strategy. This is
a fast-paced diverse work environment that is inclusive and values
different experiences, backgrounds, and knowledge. You will be
immersed in a team with a primary focus on delivering quality
fluidless underwriting decisions within expected time
standards.
The Team
The Accelerated Underwriting Team consists of underwriters
specializing in cases trending towards a fluidless underwriting
outcome. This includes a diverse mix of both early-career and
seasoned professionals, collectively contributing to the team's
success. The accelerated underwriting challenge, involving
decisions with limited information, demands a blend of analytical
thinking, adaptability, and collaboration. The team will also play
an important role in supporting the regional core teams, ensuring a
smooth transition for cases determined to be not eligible for
fluidless processing. You will work toward a "best offer first"
mentality, and a collaborative, customer-focused mindset.
Additionally, you will be given opportunities to underwrite
non-accelerated business. As capacity allows, you may also be asked
to contribute your expertise towards strategic initiatives to
continue to drive success in this program.
The Impact
Evaluate and handle all underwriting aspects of formal life
insurance applications
Understand underwriting policies, guidelines, practices and
procedures
Determine fluidless eligibility, as well as determine whether to
accept, modify, or decline a risk through evaluation of an
individual's medical history or physical condition, occupational
hazard, and financial background
Deliver the best offer first to drive the sale and not only a
decision.
Communicate effectively with customers to explain underwriting
decisions and facilitate placement of business
Train, mentor and/or co-sign less-experienced underwriters
Influence and champion changes to improve processes while
maintaining mortality expectations
Ability to tailor communication style to fit the target
audience
Collaborate effectively with stakeholders to gather information
necessary for decision making and to select profitable risks
Leverage interpersonal and emotional intelligence skills to develop
relationships with key internal and external customers which can be
relied on to inform decisions and communicate underwriting
decisions
Minimum Qualifications
A high school diploma/GED
4+ years of prior total life insurance underwriting experience with
a granted approval authority
2+ years of accelerated (fluidless) underwriting experience
Preferred Qualifications
4-year college degree
Existing approval authority of $3 million or greater
Prior successful experience in mentoring, training, and co-signing
for others
Industry exams, training, and designations (i.e. ACS, ALMI, FLMI,
FALU)
Knowledge of fluidless and non-fluidless underwriting, including an
understanding of the roles of underwriting rules, data models, and
algorithmic underwriting
Demonstrated knowledge of underwriting concepts as well as medical,
non-medical, and financial risks
Ability to work in a fast-paced environment; ability to
multi-task
Flexibility to handle changing priorities
Familiarity with technology tools and digital acumen
Ability to think critically and problem solve using data to drive
toward resolution
What to Expect as Part of MassMutual and the Team
Regular meetings with the Accelerated Underwriting team
Focused one-on-one meetings with your manager
Access to mentorship opportunities
Networking opportunities including access to Asian,
Hispanic/Latinx, African American, women, LGBTQ, veteran and
disability-focused Business Resource Groups
Access to learning content on Degreed and other informational
platforms
Your ethics and integrity will be valued by a company with a strong
and stable ethical business with industry leading pay and
benefits
#LI-JA1
#LI-Remote
MassMutual is an Equal Employment Opportunity employer
Minority/Female/Sexual Orientation/Gender Identity/Individual with
Disability/Protected Veteran. We welcome all persons to apply.
Note: Veterans are welcome to apply, regardless of their discharge
status.
If you need an accommodation to complete the application process,
please contact us and share the specifics of the assistance you
need.
Keywords: MassMutual, Revere , Underwriter Consultant, Professions , East Hartford, Massachusetts
Click
here to apply!
|