What are the responsibilities and job description for the Divisional Vice President of Life Insurance Underwriting - Hybrid position at Globe Life Family of Companies?
Job Description
At Globe Life, we are committed to empowering our employees with the support and opportunities they need to succeed at every stage of their career. Our thriving and dynamic community offers ample room for professional development, increased earning potential, and a secure work environment.
We take pride in fostering a caring and innovative culture that enables us to collectively grow and overcome challenges in a connected, collaborative, and mutually respectful environment that calls us to help Make Tomorrow Better.
Role Overview :
Could you be our next Divisional VP of Underwriting ?Globe Life is looking for a Divisional VP of Underwriting to join the team!
In this role, you will be responsible for leading and managing all aspects of Globe Life's underwriting functions and employees. This individual will analyze and continuously review the company's execution of underwriting policies, ensure sound decisions are being made, maintain and modify risk assessment strategies, oversee tools and technology used in the underwriting process, ensure departmental alignment with company goals and regulatory requirements, and drive innovation and modernization to improve efficiency, accuracy, and company profitability.
This is a hybrid position located in McKinney, TX (WFH Monday & Friday, In Office Tuesday-Thursday)
What You Will Do :
- Lead and mentor a large team of professionals in a high-performance environment.
- Effectively fosters a culture of collaboration, accountability, and transparency at all levels.
- Set clear goals and expectations for all levels of employees.
- Provide coaching and support to leadership to develop effective succession planning to enable flexibility and business resiliency.
- Oversee the company's training program for underwriting professionals, looking for opportunities to simplify and enhance it wherever possible.
- Deliver consistent communication of the departmental vision and how it aligns to the company's strategic plans to all levels of employees.
- Create, establish, and execute underwriting processes, procedures, and strategies.
- Collaborate with leaders and employees across the enterprise to set, monitor, and adjust policies and procedures to address cross-functional impacts resulting from business needs, regulatory changes, and / or market trends.
- Review, monitor, maintain, and implement key performance indicators (KPIs) to measure departmental productivity, quality, and profitability.
- Review and approve high value and complex underwriting cases, leveraging underwriting experience to exercise judgement.
- Contribute cross-functionally with team members in Regulatory Compliance, Actuarial, Claims, and Accounting to ensure appropriate balance of risk mitigation and business growth opportunities.
- Represent the Underwriting department in meetings with key stakeholders, senior leadership, and other parties.
- Improve departmental processes and efficiencies to reduce administrative expenses and improve service to our customers and agents.
- Lead efforts to improve, develop, and implement new tools, technologies, and automation within the underwriting process.
- Research and effectively network internally and externally to stay current on industry best practices, trends, emerging risks, and technology improvements that may impact the company or industry overall.
- Prepare and perform research, analytical studies, cost-benefit analyses, prepare financial and / or statistical reports and effectively communicate and make recommendations to senior and executive leadership.
- Support collection of medical records for all departments within Globe Life and affiliates.
- Engage with key internal and external customers and vendors to enhance the customer and employee experience.
- Routinely perform financial projections for underwriting expenses and employee salary costs
- Prepare material to routinely present to senior and executive management regarding departmental performance.
- Other duties as assigned.
What You Can Bring :
Applicable To All Employees of Globe Life Family of Companies :
How Globe Life Will Support You :
Looking to continue your career in an environment that values your contribution and invests in your growth? We've curated a benefits package that helps to ensure that you don't just work, but thrive at Globe Life :
Opportunity awaits! Invest in your professional legacy, realize your path, and see the direct impact you can make in a workplace that celebrates and harnesses your unique talents and perspectives to their fullest potential. At Globe Life, your voice matters.
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Underwriting #LifeInsurance #Hybrid