Life Underwriting Risk Management Consultant

About the Role

Serve as a subject matter expert for Underwriting risk audits and point of contact for external auditors. Lead the participation in market conduct exams, reinsurance audits, and Medical Information Bureau (MIB) audits. Ensure the effectiveness of internal controls in compliance with company policies, Sarbanes-Oxley Act, and standard industry practices.

Responsibilities

• Perform forensic review audits of underwriting work and provide guidance to team members.
• Lead team in collecting data for audits.
• Serve as a consultant to the Claims department and provide recommendations on contestable claims.
• Trend and report on the mortality and morbidity experience for specified insurance markets.
• Assist the Agent Quality Research Manager, as necessary.
• Lead team meetings as needed.
• Lead special projects and assignments.
• Provide training for new team members.
• Serve as proxy for management as needed.

Qualifications

• Bachelor's degree in a business field or equivalent experience
• Ten years of underwriting experience with mortality and morbidity-based products
• Four years of directly related auditing experience
• Thorough knowledge of underwriting practices and industry standards, including but not limited to Sarbanes-Oxley regulations
• Excellent interpersonal and written/verbal communication skills to provide feedback and consultation related to audit outcomes, as well as assist and train lower-level staff
• Attention to detail and analytical skills to perform quality review (audit) duties and interpret data derived from quality reviews

Preferred Qualifications

• FLMI, FALU certifications
• Contestable claims experience
• Post-issue underwriting experience
• Project management experience

Pay

$125,000-$135,000 annually, with eligibility for an Annual Bonus of 15% based on the Company Bonus Plan/Individual Performance.

Schedule

Hybrid office environment: 3 days in office (Baltimore, Cedar Rapids, Philadelphia, Denver). Remote environment also available.

Benefits

• Competitive Pay
• Bonus for Eligible Employees
• Benefits Package
• Pension Plan
• 401k Match
• Employee Stock Purchase Plan
• Tuition Reimbursement
• Disability Insurance
• Medical Insurance
• Dental Insurance
• Vision Insurance
• Employee Discounts
• Career Training & Development Opportunities
• Paid Time Off starting at 160 hours annually for employees in their first year of service
• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays)
• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
• Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child
• Adoption Assistance
• Employee Assistance Program
• Back-Up Care Program
• PTO for Volunteer Hours
• Employee Matching Gifts Program
• Employee Resource Groups
• Inclusion and Diversity Programs
• Employee Recognition Program
• Referral Bonus Programs

Working Conditions

Remote Environment