Executive Director, Underwriting
About the role
Under the direction of the VP, Underwriting and Chief UW, this role leads and manages a team comprised primarily of underwriters. With critical thinking, appraises and oversees the underwriting of large, complex and challenging individual life insurance cases. Acts as client contact on regional or functional basis as needed, as well as liaison between Underwriting, Business Development, Pricing and Claims/Treaty/Account Management Administration departments as needed. Recommends and participates in the development and implementation of process improvements that may extend beyond the area of oversight. Responsibilities may also include leading and managing underwriting initiatives including, but not limited to, SUP/SUP at Scale operational management, sales and process enablement, and business execution.
Responsibilities
- Appraises and underwrites risks for individual life insurance with approval authority ranging from $10,000,000 to $20,000,000.
- Assists other underwriters with caseload.
- Ensures underwriting quotes are sound, competitive and profitable to RGA Re.
- Makes exceptions within approval authority and RGA philosophy and practice, balancing attention to client relationships and profitable business.
- Leads, manages, and develops a team of underwriters and value added service consultants.
- Ensures compliance with RGA Re philosophy, procedures and guidelines, and provides evaluation of underwriting and service quality and consistency.
- Serves as lead client contact for a business development region as the underwriting subject matter expert – collaborating with Business Development, Pricing, Claims, Treaty/Account Management Administration and other departments as needed for all client requests related to pricing or changes to requirements/processes/procedures.
- Provides evaluations of client requests and ensures compliance with RGA Re underwriting philosophy, procedures and guidelines.
- Requires collaboration within the USIM team, actuaries, account management team, and others as needed.
- Develops and manages client relationships by providing underwriting solutions through partnering with them to identify unique, creative ways to solve their problems and improve their business results;