Note: The job is a remote job and is open to candidates in USA. Securian Financial is a company focused on life insurance and risk management, seeking a Life Underwriting Consultant. The role involves evaluating life insurance applications, making risk assessments, and collaborating with partners to ensure fair outcomes while contributing to process improvements.
Responsibilities
- Evaluate applications within assigned authority by analyzing medical, financial, and lifestyle risk factors to determine acceptability and appropriate classification
- Exercise sound judgment to identify potential fraud and ensure compliance with underwriting guidelines
- Make timely and accurate decisions while balancing risk selection, competitiveness, and customer experience
- Recommend decisions and provide clear rationale on cases outside authority or of higher complexity
- Order only necessary and appropriate requirements to efficiently assess risk
- Manage workload to consistently meet or exceed productivity and quality expectations
- Approve applications up to established authority limits (e.g., up to $3M all ages and ratings)
- Collaborate with reinsurers as needed for rated cases
- Build and maintain strong relationships with brokers, advisors, and internal partners
- Communicate underwriting decisions clearly, professionally, and empathetically to foster trust and encourage future business
- Identify opportunities to improve underwriting processes and enhance the customer experience
- Contribute to departmental initiatives and special projects as directed
- Provide insights and solutions to management regarding team, workflow, or operational challenges
Skills
- Bachelor's degree or equivalent experience
- Minimum of 3 years of life underwriting experience
- Demonstrated expertise in substandard underwriting
- Underwriting knowledge across medical and financial risk assessment
- Strong decision-making skills with the ability to act independently in real time
- Proven ability to analyze complex cases and apply sound judgment
- Effective written and verbal communication skills
- Ability to document rationale clearly and consistently
- Proficiency in financial underwriting, including business cases
- Understanding of reinsurance principles and when to engage partners
- Results-oriented with a focus on quality and productivity
- Agile mindset with a focus on continuous improvement and innovation
- Industry designations (FLMI, FALU, CLU)
Benefits
- Our PTO program provides flexibility for associates to take meaningful time away from work to relax, recharge and spend time doing what’s important to them.
- Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.
- Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
- Securian provides nine company paid holidays.
- Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian’s 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent.
- From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage.
- Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.
- Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including: Environmental Health & Sustainability, Mental Wellness and Disability, Pride at Securian Financial, Securian Young Professionals Network, Securian Multicultural Network, Securian Women and Allies Network, Servicemember Associate Resource Group
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