UNDERWRITER CONSULTANT
Company: MassMutual
Location: Somers
Posted on: October 9, 2024
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Job Description:
The OpportunityAs an Underwriting Consultant - Advanced on
MassMutual's Accelerated Underwriting Team, you will be part of a
dynamic group of underwriters dedicated to fulfilling the
commitment of MassMutual's accelerated (fluidless) underwriting
strategy. This is a fast-paced diverse work environment that is
inclusive and values different experiences, backgrounds, and
knowledge. You will be immersed in a team with a primary focus on
delivering quality fluidless underwriting decisions within expected
time standards. The TeamThe Accelerated Underwriting Team consists
of underwriters specializing in cases trending towards a fluidless
underwriting outcome. This includes a diverse mix of both
early-career and seasoned professionals, collectively contributing
to the team's success. The accelerated underwriting challenge,
involving decisions with limited information, demands a blend of
analytical thinking, adaptability, and collaboration. The team will
also play an important role in supporting the regional core teams,
ensuring a smooth transition for cases determined to be not
eligible for fluidless processing. You will work toward a "best
offer first" mentality, and a collaborative, customer-focused
mindset. Additionally, you will be given opportunities to
underwrite non-accelerated business. As capacity allows, you may
also be asked to contribute your expertise towards strategic
initiatives to continue to drive success in this program. The
ImpactEvaluate and handle all underwriting aspects of formal life
insurance applicationsUnderstand underwriting policies, guidelines,
practices and proceduresDetermine fluidless eligibility, as well as
determine whether to accept, modify, or decline a risk through
evaluation of an individual's medical history or physical
condition, occupational hazard, and financial backgroundDeliver the
best offer first to drive the sale and not only a
decision.Communicate effectively with customers to explain
underwriting decisions and facilitate placement of businessTrain,
mentor and/or co-sign less-experienced underwritersInfluence and
champion changes to improve processes while maintaining mortality
expectationsAbility to tailor communication style to fit the target
audienceCollaborate effectively with stakeholders to gather
information necessary for decision making and to select profitable
risksLeverage interpersonal and emotional intelligence skills to
develop relationships with key internal and external customers
which can be relied on to inform decisions and communicate
underwriting decisionsMinimum QualificationsA high school
diploma/GED4+ years of prior total life insurance underwriting
experience with a granted approval authority2+ years of accelerated
(fluidless) underwriting experiencePreferred Qualifications4-year
college degreeExisting approval authority of $3 million or
greaterPrior successful experience in mentoring, training, and
co-signing for othersIndustry exams, training, and designations
(i.e. ACS, ALMI, FLMI, FALU)Knowledge of fluidless and
non-fluidless underwriting, including an understanding of the roles
of underwriting rules, data models, and algorithmic
underwritingDemonstrated knowledge of underwriting concepts as well
as medical, non-medical, and financial risksAbility to work in a
fast-paced environment; ability to multi-taskFlexibility to handle
changing prioritiesFamiliarity with technology tools and digital
acumenAbility to think critically and problem solve using data to
drive toward resolutionWhat to Expect as Part of MassMutual and the
TeamRegular meetings with the Accelerated Underwriting teamFocused
one-on-one meetings with your managerAccess to mentorship
opportunitiesNetworking opportunities including access to Asian,
Hispanic/Latinx, African American, women, LGBTQ, veteran and
disability-focused Business Resource GroupsAccess to learning
content on Degreed and other informational platformsYour ethics and
integrity will be valued by a company with a strong and stable
ethical business with industry leading pay and
benefits#LI-JA1#LI-RemoteMassMutual is an Equal Employment
Opportunity employer Minority/Female/Sexual Orientation/Gender
Identity/Individual with Disability/Protected Veteran. We welcome
all persons to apply. Note: Veterans are welcome to apply,
regardless of their discharge status.If you need an accommodation
to complete the application process, please contact us and share
the specifics of the assistance you need.
Keywords: MassMutual, New England , UNDERWRITER CONSULTANT, Professions , Somers, Northeast
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