Life Underwriting Consultant at Ethos Life

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, InsurtechIndustries

Requirements

4 year degree preferred
Demonstrated knowledge of all aspects of risk selection (medical, non-medical, financial)
Ability to think critically and problem solve independently
Positive, inclusive, agile, and collaborative mindset
Strong verbal and written communication skills
Term and permanent life insurance underwriting experience
In process or completed industry designations, i.e. LOMA, ALMI, FMLI, ALU, FALU
3+ years of life insurance underwriting experience

Responsibilities

Understand underwriting policies, guidelines, practices and procedures
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
Communicate effectively both written and verbally to explain underwriting decisions
Influence and champion changes to improve processes while maintaining mortality expectations
Work efficiently to gather information necessary for decision making
Ability to independently work assigned requests with minimal direction
Comfortable with ambiguity

Skills

Life Insurance Underwriting

Risk Assessment

Medical History Evaluation

Occupational Hazard Analysis

Financial Background Review

Underwriting Policies

Verbal Communication

Written Communication

Process Improvement

Ethos Life

Online life insurance with no medical exams

About Ethos Life

Ethos Life provides life insurance solutions through a fully online platform, making it easier for individuals and families to obtain coverage without the need for medical exams. The application process is streamlined, allowing potential clients to receive instant quotes and often get approved within minutes by answering specific health and lifestyle questions. This approach contrasts with traditional life insurance methods, which can be lengthy and cumbersome. Ethos Life sells term and whole life insurance policies through partner carriers and earns commissions on these sales. Additionally, the company offers complimentary estate planning tools, such as free wills, to enhance the customer experience and set itself apart from competitors. The goal of Ethos Life is to provide straightforward and affordable life insurance options while simplifying the overall process for its customers.

Austin, TexasHeadquarters

2016Year Founded

$395.4MTotal Funding

SERIES_DCompany Stage

Financial ServicesIndustries

501-1,000Employees

Risks

Departure of key executives like CFO Anan Kashyap may affect financial strategy.

Class action lawsuit under Illinois genetic privacy law could harm Ethos's reputation.

Recent layoffs may indicate financial strain, affecting employee morale and performance.

Differentiation

Ethos Life offers a fully online life insurance application process, eliminating medical exams.

The company provides complimentary estate planning tools, enhancing customer value and experience.

Ethos partners with major insurers like Legal & General America to ensure policy reliability.

Upsides

Growing demand for no-exam life insurance policies boosts Ethos's market potential.

Increased consumer interest in digital insurance solutions aligns with Ethos's tech-driven model.

Partnerships with companies like Ameritas expand Ethos's product offerings and market reach.

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