Sr Life Underwriting Consultant
About the role
Transamerica has been helping people feel better about the future for more than 100 years, and we're proud of the trust we've earned. We want to help people live better today and worry less about tomorrow. At Transamerica, we are a purpose-driven team helping people live their best life. We are dedicated to inspiring people to improve not only their financial and personal well-being but the world around them. We empower our employees to also live their best life by promoting a sustainable work-life balance in a highly collaborative team environment that promotes career growth and ongoing learning opportunities.
Responsibilities
- Ensure the effective risk selection of cases reviewed.
- Frequent interaction with Underwriting, New Business and distribution groups.
- Approval authority up to ($5,000,000-$7,500,000) through all tables and all ages.
- Evaluate up to $10,000,000.
- Proven competency at all job tasks and expectations of Underwriter, Intermediate Underwriter, Senior Underwriter, Underwriting Consultant and Senior Underwriting Consultant.
- Mentor and provide consultative services to subordinates.
- Has a broader perception of how the dynamics in the business, the market and the environment impacts the team.
- Is viewed as a change agent by other Underwriters in the department.
- Creative and competent presenter in front of agent groups and Underwriting groups alike.
- Demonstrated competency in speaking up and challenging others in a professional manner.
- Continually looks for ways to improve upon processes. Thinks Lean and uses Lean techniques.
Qualifications
- A bachelor’s degree or equivalent combination of education/experience.
- A minimum of 8 years life or health underwriting experience.
- Demonstrated skill in AWD or similar system, MS Office skills, risk assessment skills, strong platform skills and strong financial analytical skills.
Preferred Qualifications
- Ability to multi-task and prioritize.
- Excellent verbal and written communication skills while working with different levels of both internal and external audiences.
- Ability to meet high productivity demands for self and staff.
- Strong decision-making and problem-solving skills.
- Ability to work independently and possibly work in remote setting with virtual environment and team.
Salary
The Salary for this position generally ranges between $97,000-$120,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law. Additionally, this position is typically eligible for an Annual Bonus of 15% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.
What We Offer
- Comprehensive benefits package designed to support both the personal and financial well-being of our employees.
- Pension Plan 401k Match.
- Employee Stock Purchase Plan.
- Tuition Reimbursement.
- Disability Insurance.
- Medical Insurance.
- Dental Insurance.
- Vision Insurance.
- Employee Discounts.
- Career Training & Development Opportunities.
- Health and Work/Life Balance Benefits.
- 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.