My client is a solutions-oriented life reinsurance company with an emphasis on traditional and closed block risks, and an emerging focus on specialized niches of primary life insurance business such as simplified issue and longevity risk management. They are currently looking for an experienced senior underwriter to join their team in Connecticut.
Senior Life Underwriter Responsibilities:
- Manage all aspects of the underwriting process.
- Classify risks according to company philosophy and standards.
- Provide underwriting expertise and support for Life Settlement evaluations.
- Be proactive in revising and updating of underwriting policies and practices as they relate to Simplified Issue and Middle Market business.
- Participate in and provide a leadership resource for actuarial projects.
- As a member of the Claims committee, review contestable claims on active and closed blocks of business.
- Yearly audit of TPA underwriting team.
Senior Life Underwriter Qualifications:
- College graduate
- Minimum 5 years life underwriting experience
- FALU, FLMI, CLU designations, or currently in progress
- Extensive knowledge and understanding of medical, non-medical, and financial underwriting principles and practices.
- Broad knowledge of Simplified Issue products, processes, and underwriting, including ability to recognize the impact of Pharmacy hits.
- Knowledge of Life Settlements and ability to affirm longevity estimates based upon the review and evaluation of medical records, with particular emphasis on older age treatments and their effect on life expectancy.
- Strong organizational, analytical, and problem solving skills.
- Effective presentation skills along with written and verbal communication proficiency.
- Ability to provide underwriting perspectives for actuarial pricing of products.
- Broad knowledge of claims adjudication process
Please contact Scott
Thompson for immediate confidential consideration and additional details.
Phone: 515-216-5455
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