Underwriting Consultant - Remote.

Position Overview

• Location Type: [Not Specified]
• Job Type: Full-time
• Salary: [Not Specified]

PLEASE NOTE: ONLY APPLICANTS WITH INDIVIDUAL LIFE UNDERWRITING EXPERIENCE WILL BE CONSIDERED FOR THIS ROLE.

Job Summary: Builds relationships with Financial Advisors and internal partners. Develops the skills necessary to successfully underwrite Life, Disability, and/or Long-term Care insurance policies in an inclusive and fast-paced environment, ensuring all quality, service, and production goals are met.

Primary Duties & Responsibilities

Field & Client Experience:

• Responsible for credible and effective relations and communication with field and customer, including responding to case appeals/inquiries and assisting with placing business.
• Provides guidance and assistance to the Northwestern Mutual Financial Network and Financial Representatives regarding case underwriting and risk appraisal.
• Responsible for prescreen inquiries.

Underwriting:

• Responsible for the analysis and appraisal of a broad range of insurance applications; approves, classifies, or declines applications for various ages and policy amounts with occasional guidance, as needed.
• Uses advanced UW knowledge and expertise to provide the appropriate level of underwriting skill and mentoring to UWs.
• Uses advanced skills to review applications and adheres to underwriting standards.
• Solves complex problems and escalations.
• Advanced level of experience with NM product types and changes.
• Models change agility while maintaining mortality and morbidity expectations.
• Demonstrates continuous learning through the early adoption of new ways of underwriting.
• Proficient with Reinsurance programs and able to determine where to best place a case.
• Underwrites applications, maintaining industry-leading mortality and morbidity, giving the best possible offer that can be made.
• Provides active case and requirement management and provides customized service with guidance.
• Demonstrates advanced ability to communicate & negotiate with Field Partners to explain modified or declined decisions & assist in policy placement.
• Provides advanced financial, medical, and lay underwriting assessments and offers innovative solutions to keep Northwestern Mutual as the choice of our customers.
• Actively utilizes the most effective means to obtain the necessary information, including Internet searches, direct contact with the insured, and communication with third-party advisors (Accountants, Attorneys, etc.).
• Collaborates with medical directors and technical staff.
• Responsible for adherence to procedures and regulatory processes.
• Understands and meets all quality, service, and production goals.
• Partners with Underwriting Support for case management.

Cross-Functional Leadership:

• Subject matter expert in product process with collaboration with functional partners and participates in projects and department initiatives.
• Collaborates and designs P3 curriculum with L&D/Tech Team.

Qualifications

• A bachelor's degree preferred or demonstrated consistent success in a prior Underwriting role as evidenced by satisfactory case management and quality review.
• Minimum of 5 years of underwriting experience.
• Analytical skills with an established record to make independent decisions on complex cases and apply sound judgment in the application of rules.
• Excellent written and oral communication skills with the ability to handle confidential information, exercise tact, diplomacy, and resourcefulness.
• Proficient in computer skills and using various software packages.
• Ability to work accurately while maintaining speed and flexibility in a team and independent production environment.
• A high degree of organization and the ability to establish priorities and meet deadlines.
• Demonstrated strong leadership skills and a high degree of self-motivation and initiative to lead projects or committees.
• Displays agility to manage multiple tasks and adapt in a changing work environment.

Compensation Range

• Pay Range: [Not Specified]
• Life Insurance Signature / Authority Limits: $5M Signature / $7.5M Authority