The Nationwide Life Insurance Underwriting team is seeking a highly experienced and professional Life Underwriting New Business Field Resource.
The ideal candidate will have previous production individual life underwriting experience with at least 10 years of experience and a $5M sign off limit, life underwriting leadership experience and/or liaison between life underwriting and life sales. This field resource will maintain and expand partnerships between our external and internal business partners.
Key Responsibilities
• Serve as a field resource for underwriting in the Life New Business distribution channel.
• Demonstrate a thorough understanding of the Life New Business distribution channel.
• Utilize at least 10 years of life underwriting experience to make informed decisions.
• Maintain a $5M sign-off limit for underwriting approvals.
• Build and maintain strong relationships with key stakeholders.
• Effectively communicate and sell the underwriting story to various audiences.
• Possess deep knowledge of the competitive market and industry trends.
• Exhibit strong presentation skills and executive presence.
• Partner with marketing to develop and build underwriting-related materials.
• Demonstrate command skills and professional demeanor.
• Foster a competitive spirit and drive positive underwriting change within the organization.
Qualifications
• Minimum of 10 years of life underwriting experience.
• Proven track record of relationship building and effective communication.
• Strong knowledge of the competitive market and industry trends.
• Availability to travel at least 2x per quarter.
• Excellent presentation skills and executive presence.
• Ability to partner effectively with marketing and other departments.
• Demonstrated command skills and professional demeanor.
• Competitive mindset with a drive for positive change.
This position can be filled as Hybrid or Remote
This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program.
Education:
Undergraduate studies in medical related discipline, marketing, insurance, risk management, economics, finance or business management.
License/Certification/Designation:
Obtainment of AALU designation. Participation in, or attainment of, professional/technical studies or designation such as the Chartered Life Underwriter (CLU) and Fellow of Life Management Institute (FLMI). EKG Certified preferred.
Experience:
Ten years life underwriting experience
Knowledge, Abilities And Skills
Medical Underwriting:
Understands the anatomy of the human body and disease processes and can assess the impact of an individual’s mortality and morbidity risk and can translate that to assess the appropriate risk classification.
Financial Underwriting:
Solid foundation for sophisticated financial underwriting. Extensive knowledge of life underwriting principles and practices, including basic contract law. In-depth knowledge of anatomy, physiology, pathology, medical and non-medical risks as they relate to life insurance. Knowledge of managing and interpreting underwriting results.
Relationships:
Very comfortable negotiating offers and calling out on offers that are other than applied for to explain reasons to the advisor or sales leader.
Proven knowledge of products and reinsurance - is comfortable and has relationships with our facultative reinsurance partners. Can reach terms on reinsurance decisions. Actively involved in industry meetings/conferences and our CE program.
Excellent verbal and written communication skills for internal/external contacts. Strong collaboration and presentation skills in individual or group settings. Ability to make decisions on highly complex issues and work with minimal direction.
Proficiency in conflict resolution. Agile and adaptable. Advanced ability to handle ambiguity in a flexible and responsive manner. Ability to coach, train and mentor other underwriters. Advanced analytical and critical thinking skills.
Able to analyze highly complex insurance risks to assess acceptability including policy language, alternative rating plans, methodologies, and reinsurance. Ability to communicate difficult concepts and influence others to adopt a different point of view. Excellent judgment and creative problem-solving skills including negotiation and conflict resolution skills.
Proven track record of reaching a solution in situations where there may be multiple options. Able to make difficult decisions and suggest alternative solutions. Consistently draws on appropriate perspectives and re
Apply tot his job
Apply To this Job