Senior Underwriting Director

Role Overview

• Manage all aspects of potentially unlimited total line in close association with reinsurers
• Select and classify risk according to company philosophy and standards
• Participate in and provide a leadership resource for projects in the Underwriting Department
• Be an information resource for underwriters at all levels
• Combine appropriate attention to established standards of turnaround with higher level of service and professionalism
• Analyze and interpret medical, non-medical, and financial information
• Make decisions within approval limits
• Ensure that complete and appropriate underwriting requirements are completed while at the same time practicing effective expense management
• Management of reinsurance process to ensure maximum capacity while avoiding reinsurance “gridlock”
• Management/control of diversification process as “lead” underwriter on very largest of cases
• Manage referral/consultation process to ensure that timely and accurate decisions are provided
• Manage mortality on preferred block of business, through flex guidelines to ensure pricing/mortality expectations are met
• Ensure consistency and adherence to established departmental guidelines though referral process
• Actively participate in the development, implementation and management of New Business initiatives
• Actively participate in the ongoing training and professional development of underwriting team
• Act as resource/mentor to other members of the underwriting team, particularly at the consultant level
• Champion appeals and business decisions in concert with the Chief Underwriter
• Maintain positive and effective relationships with internal and external partners

Requirements

• Post-secondary education or equivalent work experience
• Minimum 15 years underwriting experience
• Expert knowledge and understanding of medical, non-medical and financial underwriting principles and practices
• In depth knowledge of unique estate, business and insurance planning tools and techniques
• In depth/current knowledge of political, economic, financial and legislative events which may impact client needs
• Expert knowledge of company’s insurance product portfolio and ability to marry that knowledge with an understanding of producer/client need
• Expert knowledge of reinsurance, market place treaties, agreements and available capacity
• Exceptional priority management with ability to work effectively under deadlines, balance published service times with an appropriate customer
• Strong organizational, analytical and problem-solving skills
• Effective presentation skills
• Strong written and verbal communication skills
• Strong customer service orientation
• Knowledge of and ability to apply project management skills
• Expert knowledge of insurance contract law and state legislative requirements as they relate to the underwriting and issue of insurance contracts
• High level understanding of product pricing principals
• Develop and maintain effective working relationships with all field personnel and reinsurers

Benefits

• Health insurance
• Dental insurance
• Mental health benefits
• Vision insurance
• Short
• and long-term disability
• Life and AD&D insurance coverage
• Adoption/surrogacy and wellness benefits
• Employee/family assistance plans
• Retirement savings plans including pension/401(k)
• Global share ownership plan with employer matching contributions
• Financial education and counseling resources
• Up to 11 paid holidays
• 3 personal days
• 150 hours of vacation
• 40 hours of sick time