Senior Underwriting Consultant, Group Life Insurance – COLI/BOLI

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

📋 Description

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

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

• Identify suitable ratings, underwriting actions, and capacity determinations.

• Analyze compensation data, employee classifications, and benefit frameworks.

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

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

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

• Follow carrier COLI governance standards and underwriting protocols.

• Assist internal review committees and the decision-making process for large cases.

• Conduct medical underwriting when necessary.

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

• Establish and nurture strong 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 expertise in problem-solving/analysis, understanding complex information, influencing others, risk evaluation, decision-making, negotiation, and conflict management.

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

• Excellent written and verbal communication abilities.

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

• Proven ability to work independently, act as a self-starter, and collaborate effectively in a team setting.

• Completion of LOMA industry exams is preferred.

🏝️ Benefits

• Opportunities for leadership development and virtual training.

• Paid time off/parental leave.

• Competitive 401K plan and employee benefits.

• Access to free financial counseling, health coaching, and an employee assistance program.

• Tuition assistance program.

• Flexible work arrangements.

• Effective productivity and technology tools, along with training.

• Eligibility for the Annual Incentive Program.

• Potential availability of long-term incentives.

• Opportunities for sales incentives.