Group Underwriter
The Opportunity:
Group Underwriting Consultant
The Team:
Worksite Underwriting
The Impact:
The Group Underwriting Consultant will be responsible for appraising and underwriting Groups for insurance to assess mortality and morbidity risk in alignment with risk tolerances within company guidelines to assure equitable treatment of policyholders and producers and to meet the company's financial objectives including revenue and sales growth. ?Approves, classifies and declines Groups on own signature. Provides guidance to the field force and home office staff regarding underwriting problems and requirements. Underwrites Group/Multi-life products within authority limits.
High Level Responsibilities
Analyze employer information and group demographics to generate presale or renewal underwriting offers in accordance risk guidelines, authority limits and service level expectations.?
Professionally and effectively negotiate with Regional Sales Directors and Producers to effectively balance our requirements for top line and bottom line growth.
Professionally and effectively communicate decisions including case characteristics relative to pricing expectations/risk guidelines, and decision rationale.
Effectively evaluate and negotiate enrollment conditions to optimize participation results.? Ensure appropriate decisions and actions are recommended to support remediation of poor enrollment results, including escalation if warranted.
Identify problem solving opportunities and apply tools to continuously improve efficiency and service delivery
The Minimum qualifications:
2-5 years of work experience in the Insurance Industry with experience in 1 or more Worksite products
Group insurance general industry knowledge
Group market and product knowledge including some or all of the following products:? COLI/BOLI, Executive Disability Income, Executive Group Life, Group Whole Life, Group Universal Life, Group Critical Illness, Group Accident and other general Voluntary Benefits Products
Basic knowledge and application of general principles of group insurance
Understanding of business operating model including TPA and Enrollment Partnerships, capabilities, as well as internal processes, procedures, technology and other systems.
Readily understands products and building knowledge of peer companies and competitor offerings
Excellent written and verbal communication skills
Open to 100% Remote
What to Expect as Part of MassMutual and the Team:
Regular meetings with the Worksite Underwriting team
Focused one-on-one meetings with your manager
Access to mentorship opportunities
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
Access to learning content on Degreed and other informational platforms
Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits