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Role Description

This role involves examining all prospective bank-owned, corporate-owned and corporate-sponsored, individually-owned life insurance policies. You will assess and analyze a bank or company's risk profile and case design to determine the appropriate underwriting offer, coverage, term and conditions.

• Independently assess applications for guaranteed issue, simplified issue, or regular issue, making informed decisions based on underwriting criteria.
• Underwrite lives on a medical basis as needed, utilizing expertise to accurately assess risk.
• Analyze financial statements, SEC 10-K and 10-Q filings, and FDIC reports to inform underwriting decisions and risk assessments.
• Evaluate and determine the insurable interest of organizational structures, making independent recommendations based on findings.
• Lead the evaluation and approval of plan design modifications, ensuring alignment with company policies and market needs.
• Understand and apply reinsurance treaty terms.
• Make decisions that uphold compliance and mitigate risk.
• Continuously update and apply in-depth knowledge of underwriting guidelines, making independent judgments in complex cases.

Qualifications

• Series 6
• Series SIE
• A minimum of three years experience in corporate-owned life and corporate-sponsored insurance underwriting.

Requirements

• Knowledge of plan design structures of both corporate owned and corporate sponsored policies.
• Knowledge of complex financial statements.
• Knowledge of reinsurance – both automatic and facultative.
• Knowledge of regulatory issues and market conditions.
• Knowledge of medical underwriting.
• Ability to evaluate risk.
• Excellent verbal and written communication skills.

Benefits

• Medical/dental/vision insurance.
• Life insurance.
• Short and long term disability coverage.
• Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date.
• Nine paid holidays.
• 8 hours of Lifetime paid time off.
• 8 hours of Unity Day paid time off.
• 401(k) with company match.
• Company-paid pension plan.
• Business casual attire.