Senior Underwriting Consultant, Executive Benefits

📋 Description

• Assist with employer-owned life insurance programs aimed at executive and employee benefit funding solutions.

• Underwrite Guaranteed Issue (GI) and Simplified Issue (SI) COLI cases in line with 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 frameworks.

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

• Confirm that policy face amounts correspond with program intentions and eligibility criteria.

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

• Ensure conformity with carrier COLI governance standards and underwriting protocols.

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

• Conduct medical underwriting as necessary.

• Utilize comprehensive knowledge of Qualified Purchaser and Accredited Investor definitions to support program eligibility, structure, and regulatory compliance.

• Foster and maintain strong relationships with both internal and external stakeholders.

⛳️ Requirements

• Bachelor's degree or a minimum of 4 years of relevant work experience.

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

• Proven excellence in: Problem Solving / Analysis; Understanding Complex Information; Influencing Others; Risk Assessment; Making decisions based on sound judgment; Negotiation Skills; Managing Conflict.

• Proficient in analyzing and interpreting intricate financial documents, including profit/loss statements, income statements, and balance sheets.

• Exceptional Written and Verbal Communication skills.

• Intermediate proficiency in: Microsoft Office (Outlook, Word, PowerPoint, Excel).

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

🏝️ Benefits

• Clearly defined career paths and job levels, along with the corresponding behaviors for each of Lincoln's core values and leadership attributes.

• Opportunities for leadership development and virtual training.

• PTO/parental leave.

• Competitive 401K and employee benefits.

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

• Tuition assistance program.

• Flexible work arrangements tailored to your needs.

• Effective productivity and technology tools along with training.