What are the responsibilities and job description for the Sr. Underwriting Consultant position at Symetra?
Symetra has an exciting opportunity to join our team as a Senior Underwriting Consultant!
About the role
As a Senior Underwriting Consultant, you will classify mortality risks in a sound, objective and consistent manner by applying company guidelines and philosophies with consideration for company profitability and marketplace needs. Advanced medical and financial underwriting ability and product knowledge is required along with an in-depth understanding of Symetra and life insurance industry practices. Handling and approval authority expectations are for up to $10,000,000 or based upon management discretion.
What you'll do in this role
- BGA focused. Review individual life insurance applications and underwrite standard and substandard risks within authorized limits of authority in accordance with department guidelines, including
- Determining whether to accept, reject or modify life insurance risks by evaluation of applicant's medical history, financial background, insurable interest and financial need.
- Conferring with other Consultant-level Underwriters, Medical Director, Director of Indv Underwriting and/or Chief Underwriter on complex cases and situations not established by practice. Obtaining second signature on cases that exceed designated underwriting authority.
- Meeting established time service standards. Serve as a role model for other underwriters by establishing themselves as underwriting experts and as a "go to" person for underwriting issues; and Designee to handle high-visibility/high face amount or otherwise special cases.
- Communicate and negotiate effectively with BGA's, wholesalers, agents and producers to explain adverse underwriting decisions, while maintaining agency relationship and encouraging future business.
- Travel with field reps.
- Develop and lead agent seminars on underwriting topics.
- Act as a mentor to other underwriters through, training, consulting, and reviewing business that exceed their authority level. * Audit underwriters on case performance and MIB coding.
- Assist in underwriter training.
- Other duties/projects as assigned. * Actively seek out/identify resources and projects to improve underwriting staff and improve understanding of business line within the company and industry.
- Represent the underwriting function in intra-departmental meetings/projects.
- Represent department Director and/or Symetra internally and at external events and functions as appropriate.
What we offer you
"If you want to invest in yourself and build a career, this is a great place to work. If you don't want to put in the effort to learn the industry and become a student of the business (it takes real effort!), there are easier places to work."Cris H. - AVP Internal Sales, Training and Development
"Symetra is inclusive of all employees regardless of their personal differences."Darrell J. - Actuary III
"Symetra values learning. Symetra has so many resources - whether that is the Student of the Business courses, sponsorship of professional certifications, or just individual employees being so willing to teach and answer questions."Felicia D. - Financial Reporting Lead Senior Analyst
Benefits and Perks
We don't take a "one-size-fits-all" approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.
- Flexible full-time or hybrid telecommuting arrangements
- Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
- Paid time away including vacation and sick time, flex days and ten paid holidays
- Give back to your community and double your impact through our company matching
- Want more details? Check out ourSymetra Benefits Overviewopens a pdf file
Compensation
Salary Range: $ 100,300- $167,100 plus eligibility for annual bonus program
Who you are
- Experienced professional with considerable and extensive skills knowledge for the role.
- Possesses wide range of experience and uses professional practices to resolve complex issues in creative and effective ways.
- Is the recognized expert within the department or division.
- Work requires in-depth knowledge of the field as well as the ability to evaluate external factors and impact to strategic goals.
- Bachelor's Degree or equivalent education and experience.
We empowerinclusion.
At Symetra,we aspire to be the most inclusive insurance company in the countrywe're building a place where every employee feels valued, respected, and has opportunities to contribute. Inclusion is about recognizing our assumptions, considering multiple perspectives, and removing barriers.
We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our effortshere.
Creating a world where more people have access to financialfreedom.
Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we're guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they're buying, and we design products-and operate our company-to stand the test of time. We're committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom.
For more information about our careers visit:
https://symetra.eightfold.ai/careers
Work Authorization
Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.
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Salary : $100,300 - $167,100
