[Remote] Underwriting Managing Director at Pacific Life

Illinois, United States

Pacific Life Logo
Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

  • 10+ years of experience, typically including management experience
  • 4-year degree or equivalent experience
  • Comprehensive understanding of concepts and principles within own family and knowledge of others

Responsibilities

  • Appraises and underwrites applications for insurance to assess mortality and morbidity risk
  • Determines whether to accept, modify or decline a risk through evaluation of an individual's medical history or physical condition, occupational hazards, financial background, insurable interest and other information
  • Consults with superiors or medical department concerning any questionable medical or personal situations
  • Has contact with the field force to gather information on which to base decisions
  • Provides leadership to managers and professional staff
  • Develops departmental plans, including business, production and/or organizational priorities
  • Manages multiple related teams, sets organizational priorities and allocates resources
  • Identifies and resolves complex technical, operational and organizational problems

Skills

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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