Pacific Life

Group Underwriter

Texas, United States

Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor's degree and 1-3+ years of experience in group benefits underwriting. Strong proficiency as an Underwriter, excellent problem-solving, critical thinking, and analytical reasoning skills are required. Candidates must also have strong verbal and written communication skills, robust organizational abilities, and the capacity to manage multiple priorities and work cross-functionally with a customer-first approach. Prior experience underwriting group life, dental, vision, and supplemental health products is strongly preferred, as is experience in a high-volume, fast-paced production environment.

Responsibilities

The Group Underwriter will evaluate and select risks to ensure profitable acquisition and retention of business. They will partner with the Distribution sales team, brokers, and internal partners, and consult with distribution partners to provide suitable products and plan options. Responsibilities include adhering to underwriting procedures and guidelines, developing strong sales representative and producer relationships, and exhibiting strong product knowledge, particularly in Disability, dental, vision, life, and supplemental health. The role involves conducting high-quality risk assessments, identifying and analyzing risk trends, providing recommendations, collaborating with product development, actuarial/pricing, and sales distribution teams, and assisting with training, technical development, and mentoring. The underwriter will also understand business drivers and foster a digital-first philosophy.

Skills

Underwriting
Risk Assessment
Disability Insurance
Dental Insurance
Vision Insurance
Life Insurance
Supplemental Health Insurance
Sales Support
Product Knowledge
Market Trends Analysis
Risk Trend Analysis

Pacific Life

About Pacific Life

Newport Beach, CaliforniaHeadquarters
1868Year Founded
$189.4MTotal Funding
N/ACompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Paid Vacation
Paid Parental Leave
Adoption Assistance
401(k) Retirement Plan
401(k) Company Match

Risks

Increased competition in annuities market from companies like Prudential and MetLife.
Potential financial exposure from significant real estate investments.
Integration challenges with Selerix could affect customer satisfaction.

Differentiation

Pacific Life partners with T. Rowe Price for innovative Lifetime Income solutions.
Recognized as a top community-minded company, enhancing brand reputation and trust.
Real-time integration with Selerix improves benefits administration accuracy and efficiency.

Upsides

Lifetime Income solution attracts clients seeking secure retirement options.
Enhanced annuity products offer flexibility and growth, increasing product attractiveness.
Strong real estate financing position opens more sector opportunities.

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