Senior Underwriting Consultant, Executive Benefits

This is a fully remote position, open to applicants in Connecticut.

📋 Description

• Provide support for employer-owned life insurance initiatives aimed at executive and employee benefit funding solutions.

• Underwrite Guaranteed Issue (GI) and Simplified Issue (SI) COLI cases following carrier guidelines and program specifications.

• Evaluate lives within executive and broad-based COLI/BOLI/ICOLI programs.

• Establish suitable ratings, underwriting actions, and capacity decisions.

• Examine compensation data, employee classifications, and benefit structures.

• Evaluate financial justification in accordance with employer-owned life insurance standards.

• Ensure that policy face amounts are in line with program objectives and eligibility criteria.

• Underwrite in accordance with IRC §101(j) notice and consent regulations.

• Maintain compliance with carrier COLI governance standards and underwriting protocols.

• Assist internal review committees and large case decision-making processes.

• Conduct medical underwriting as necessary.

• Leverage in-depth knowledge of Qualified Purchaser and Accredited Investor definitions to support program eligibility, structure, and regulatory compliance.

• Cultivate and sustain robust relationships with both internal and external stakeholders.

⛳️ Requirements

• A Bachelor’s degree or 4+ years of relevant work experience.

• 5-7+ years of experience in underwriting Individual Life Insurance.

• Proven excellence in: Problem Solving/Analysis; Comprehension of Complex Information; Influencing Others; Risk Assessment; Sound Judgment in Decision Making; Negotiation Skills; Managing Conflict.

• Developed skills in analyzing and interpreting complex financial documents, including profit/loss statements, income statements, and balance sheets.

• Strong written and verbal communication abilities.

• Proficiency in Microsoft Office (Outlook, Word, PowerPoint, Excel) at an intermediate level.

• A demonstrated history of working independently, being a self-starter, and collaborating effectively in a team environment.

🏝️ Benefits

• Clearly defined career paths and job levels, along with specific behaviors aligned with Lincoln's core values and leadership attributes.

• Opportunities for leadership development and virtual training.

• Paid time off and parental leave.

• Competitive 401K plan and employee benefits.

• Free financial counseling, health coaching, and employee assistance programs.

• Tuition assistance program.

• Flexible work arrangements to fit your needs.

• Access to effective productivity and technology tools along with training.