Introduction
Are you passionate about being part of a team at a Fortune 100 company with nearly $70 billion in annual sales that delivers extraordinary care to help individuals and businesses prepare for and protect their future? If so, then Nationwide Financial could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers and partners are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.
Are you a decisive, forward‑thinking underwriter ready to make a real impact? At Nationwide, we’re not just underwriting policies—we’re underwriting people. Our focus is building relationships, driving innovation, and delivering the exceptional customer experience we’re known for in the industry.
What You’ll Do
Underwrite sophisticated life insurance applications with autonomy and precision
Lead initiatives, mentor peers, and serve as a go‑to expert
Partner closely with sales and financial professionals to understand client needs and deliver competitive, tailored solutions
Drive innovation through accelerated and intelligent underwriting strategies
Represent Nationwide at industry events and help shape best practices
What You Bring
10+ years of life underwriting experience
FALU, CLU, FLMI, and EKG certification preferred
Strong financial acumen and advanced risk assessment skills
A collaborative spirit and a passion for continuous learning
Confidence and flexibility in making complex decisions and influencing outcomes
Job Description Summary Our underwriters work hard to provide the exceptional customer experience for which Nationwide is known. Actively engaging with our firms and financial professionals to get to know their clients and their needs builds our understanding of the market, what is needed to win business and put our best offer out first. If you thrive working autonomously, making decisions on a variety of impactful issues and continuing to learn and adapt to grow, we want to know more about you! As a Life Underwriting Consultant, you’ll analyze, select and classify applications for life insurance, of considerable technical complexity and exposure, to ensure underwriting quality according to established underwriting policies, practices and standards. You’ll review and make decisions on larger, more sophisticated, or unusual business. To succeed, you’ll need to coordinate life selection standards according to underwriting practices and procedures to achieve satisfactory mortality experience and acceptable administrative results. You’ll have opportunities to provide leadership on projects, departmental committees and on the team by identifying problems and potential solutions and be serving as a referral point for less experienced underwriters. You’ll work with latitude for independent judgment based on your underwriting authority and company underwriting standards.
Key Responsibilities
Receive, evaluate and underwrite, on a medical or non‑medical basis, more complex applications for life insurance up to your maximum handling limit as approved by the Chief Underwriter. Protect the confidentiality of documentation and information acquired throughout the underwriting process. Work within broad limits and authority on highly sophisticated assignments requiring niche knowledge in area of expertise.
Maintain in‑depth knowledge of manuals, underwriting materials, rules, regulations, procedures, medical factors and practices impacting mortality and morbidity underwriting. Maintain solid understanding of all underwriting administrative systems to conduct business and provide outstanding service to all internal and external customers and field partners.
Evaluate and assess applications requiring additional evidence of insurability. Determine the need for and authorize the ordering of underwriting requirements to include, but not limited to, medical examinations, blood profiles, home office specimens, attending physician reports, inspection reports, client direct interviews and other essential information.
Develop a strong understanding of the accelerated underwriting process and can apply risk‑based decision‑making skills to determine the appropriate requirements needed to provide protective value as well as determining appropriate risk class. This may include, but not limited to, making fluid‑less underwriting decisions as well as the utilization of alternative sources of medical information while maintaining appropriate tolerance for accepting risk.
Evaluate, appraise and quantify data derived from personal or business financial information and establish insurable interest in keeping with the principle of indemnification. Handle complex financial underwriting applications and often assist others through referrals and training on financial underwriting.
Reach terms on, coordinate and negotiate both automatic and facultative reinsurance within the contractual terms and conditions of Nationwide’s various reinsurance treaties and product and market practices.
Consult with other underwriters on the team and accept referred cases when designated. Suggest innovative solutions, motivate team performance and facilitate open communication to achieve desired results. Supervise the handling of unusual or challenging cases.
Educate internal and external partners on underwriting process, practice and tools. Help train lessexperienced underwriting staff. Coordinate, participate and lead training development and delivery for issues or initiatives requiring technical expertise.
Work on special projects as assigned, with little to no direction and is expected to develop project plans, requirements, timelines, etc.
Meet and present with field partners as needed. Acquire input and feedback during these visits to build a better understanding of partner needs and expectations.
Interpret electrocardiogram tracings received as evidence for life insurance applications. Consult with Medical Director for cases where physician input is required.
Determine eligibility for temporary insurance and authorize disbursement of policy refunds if the TIA is not eligible. Also authorize reimbursement for medical records or other fees requested as associated with requirements needed to confirm evidence of insurability.
Consult with Chief Underwriter, Staff Underwriting, Senior Underwriting Consultants and the Medical Director as the need arises.
Support and assist in meeting goals and objectives for varying territories, special agent programs and contests.
Resolve challenges with effective solutions while maintaining focus on improving time service, quality of application submissions and underwriting quality and wastage.
Handle up to $10,000,000 for life, up to $1,000,000 sign off for morbidity underwriting, and sign off authority for exceptions on Intelligent Underwriting.
Reporting Relationships Reports to Underwriting Manager or Director.
Typical Skills and Experiences 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.
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 resources. Demonstrates strong resilience and supports others through change.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.
Values Regularly and consistently demonstrates the Nationwide Values.
Job Conditions Overtime Eligibility:
Exempt (Not eligible)
Working Conditions:
Normal office environment and may have the option to work from home. Non‑standard hours and some travel may be required.
ADA:
The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Benefits
Medical/dental/vision
Life insurance
Short and long term disability coverage
Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro‑rated quarterly based on hire date
Nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
Company‑paid pension plan
Business casual attire
And more
To learn more about the benefits we offer, click here.
Equal Opportunity Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
Placement and Location This position could be filled within any of the lower 48 U.S. states. Smoke‑Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company‑issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247. For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf
We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.
Compensation Nationwide pays on a geographic‑specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part‑Time Roles: Please be aware that the salary ranges listed below reflect full‑time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full‑time schedule. The national salary range for Consultant II, Underwriting - Life : $108,000.00-$200,000.00 The expected starting salary range for Consultant II, Underwriting - Life : $108,000.00 - $162,000.00
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Are you a decisive, forward‑thinking underwriter ready to make a real impact? At Nationwide, we’re not just underwriting policies—we’re underwriting people. Our focus is building relationships, driving innovation, and delivering the exceptional customer experience we’re known for in the industry.
What You’ll Do
Underwrite sophisticated life insurance applications with autonomy and precision
Lead initiatives, mentor peers, and serve as a go‑to expert
Partner closely with sales and financial professionals to understand client needs and deliver competitive, tailored solutions
Drive innovation through accelerated and intelligent underwriting strategies
Represent Nationwide at industry events and help shape best practices
What You Bring
10+ years of life underwriting experience
FALU, CLU, FLMI, and EKG certification preferred
Strong financial acumen and advanced risk assessment skills
A collaborative spirit and a passion for continuous learning
Confidence and flexibility in making complex decisions and influencing outcomes
Job Description Summary Our underwriters work hard to provide the exceptional customer experience for which Nationwide is known. Actively engaging with our firms and financial professionals to get to know their clients and their needs builds our understanding of the market, what is needed to win business and put our best offer out first. If you thrive working autonomously, making decisions on a variety of impactful issues and continuing to learn and adapt to grow, we want to know more about you! As a Life Underwriting Consultant, you’ll analyze, select and classify applications for life insurance, of considerable technical complexity and exposure, to ensure underwriting quality according to established underwriting policies, practices and standards. You’ll review and make decisions on larger, more sophisticated, or unusual business. To succeed, you’ll need to coordinate life selection standards according to underwriting practices and procedures to achieve satisfactory mortality experience and acceptable administrative results. You’ll have opportunities to provide leadership on projects, departmental committees and on the team by identifying problems and potential solutions and be serving as a referral point for less experienced underwriters. You’ll work with latitude for independent judgment based on your underwriting authority and company underwriting standards.
Key Responsibilities
Receive, evaluate and underwrite, on a medical or non‑medical basis, more complex applications for life insurance up to your maximum handling limit as approved by the Chief Underwriter. Protect the confidentiality of documentation and information acquired throughout the underwriting process. Work within broad limits and authority on highly sophisticated assignments requiring niche knowledge in area of expertise.
Maintain in‑depth knowledge of manuals, underwriting materials, rules, regulations, procedures, medical factors and practices impacting mortality and morbidity underwriting. Maintain solid understanding of all underwriting administrative systems to conduct business and provide outstanding service to all internal and external customers and field partners.
Evaluate and assess applications requiring additional evidence of insurability. Determine the need for and authorize the ordering of underwriting requirements to include, but not limited to, medical examinations, blood profiles, home office specimens, attending physician reports, inspection reports, client direct interviews and other essential information.
Develop a strong understanding of the accelerated underwriting process and can apply risk‑based decision‑making skills to determine the appropriate requirements needed to provide protective value as well as determining appropriate risk class. This may include, but not limited to, making fluid‑less underwriting decisions as well as the utilization of alternative sources of medical information while maintaining appropriate tolerance for accepting risk.
Evaluate, appraise and quantify data derived from personal or business financial information and establish insurable interest in keeping with the principle of indemnification. Handle complex financial underwriting applications and often assist others through referrals and training on financial underwriting.
Reach terms on, coordinate and negotiate both automatic and facultative reinsurance within the contractual terms and conditions of Nationwide’s various reinsurance treaties and product and market practices.
Consult with other underwriters on the team and accept referred cases when designated. Suggest innovative solutions, motivate team performance and facilitate open communication to achieve desired results. Supervise the handling of unusual or challenging cases.
Educate internal and external partners on underwriting process, practice and tools. Help train lessexperienced underwriting staff. Coordinate, participate and lead training development and delivery for issues or initiatives requiring technical expertise.
Work on special projects as assigned, with little to no direction and is expected to develop project plans, requirements, timelines, etc.
Meet and present with field partners as needed. Acquire input and feedback during these visits to build a better understanding of partner needs and expectations.
Interpret electrocardiogram tracings received as evidence for life insurance applications. Consult with Medical Director for cases where physician input is required.
Determine eligibility for temporary insurance and authorize disbursement of policy refunds if the TIA is not eligible. Also authorize reimbursement for medical records or other fees requested as associated with requirements needed to confirm evidence of insurability.
Consult with Chief Underwriter, Staff Underwriting, Senior Underwriting Consultants and the Medical Director as the need arises.
Support and assist in meeting goals and objectives for varying territories, special agent programs and contests.
Resolve challenges with effective solutions while maintaining focus on improving time service, quality of application submissions and underwriting quality and wastage.
Handle up to $10,000,000 for life, up to $1,000,000 sign off for morbidity underwriting, and sign off authority for exceptions on Intelligent Underwriting.
Reporting Relationships Reports to Underwriting Manager or Director.
Typical Skills and Experiences 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.
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 resources. Demonstrates strong resilience and supports others through change.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.
Values Regularly and consistently demonstrates the Nationwide Values.
Job Conditions Overtime Eligibility:
Exempt (Not eligible)
Working Conditions:
Normal office environment and may have the option to work from home. Non‑standard hours and some travel may be required.
ADA:
The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Benefits
Medical/dental/vision
Life insurance
Short and long term disability coverage
Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro‑rated quarterly based on hire date
Nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
Company‑paid pension plan
Business casual attire
And more
To learn more about the benefits we offer, click here.
Equal Opportunity Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
Placement and Location This position could be filled within any of the lower 48 U.S. states. Smoke‑Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company‑issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247. For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf
We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.
Compensation Nationwide pays on a geographic‑specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part‑Time Roles: Please be aware that the salary ranges listed below reflect full‑time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full‑time schedule. The national salary range for Consultant II, Underwriting - Life : $108,000.00-$200,000.00 The expected starting salary range for Consultant II, Underwriting - Life : $108,000.00 - $162,000.00
#J-18808-Ljbffr