Consultant II, Underwriting Life
Nationwide Mutual Insurance Company, Grandview Heights, Ohio, United States
* 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* Receives, evaluates and underwrites, on a medical or non-medical basis more complex applications for life insurance up to their maximum handling limit as
approved by the Chief Underwriter. Protects the confidentiality of documentation and information acquired throughout the underwriting process. Works within broad limits and authority on highly sophisticated assignments requiring niche knowledge in area of expertise.* Maintains in-depth knowledge of manuals, underwriting materials, rules, regulations, procedures medical factors and practices impacting mortality and morbidity underwriting. Maintains solid understanding of all underwriting administrative systems to conduct business and provides outstanding service to all internal and external customers and field partners.* Evaluates and accesses applications requiring additional evidence of insurability. Determines the need for and authorizes 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.* Develops 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.* Evaluates, appraises and quantifies data derived from personal or business financial information and establishes insurable interest in keeping with the principle of indemnification.
Handles complex financial underwriting applications and often assists others through referrals and training on financial underwriting.* Reaches terms on, coordinates, and negotiates both automatic and facultative reinsurance within the contractual terms and conditions of Nationwide's various reinsurance treaties and product and market practices.* Consults with other underwriters on the team and accepts referred cases when designated. Suggests innovative solutions, motivates team performance and facilitates open communication to achieve desired results. Supervises the handling of unusual or challenging cases.* Educates internal and external partners on underwriting process, practice and tools. Helps train less experienced underwriting staff. Coordinates, participates and leads training development and delivery for issues or initiatives requiring technical expertise.* Works on special projects as assigned, with little to no direction and is expected to develop project plans, requirements, timelines, etc.* Meets and presents with field partners as needed. Acquires input and feedback during these visits to build a better understanding of partner needs and expectations.* Interprets electrocardiogram tracings received as evidence for life insurance applications. Consults with Medical Director for cases where physician input is required.* Determines eligibility for temporary insurance and authorizes disbursement of policy refunds if the TIA is not eligible.
Also authorizes reimbursement and for medical records or other fees requested as associated with requirements needed to confirm evidence of insurability.* Consults with Chief Underwriter, Staff Underwriting, Senior Underwriting Consultants, and the Medical Director as the need arises.* Supports and assists in meeting goals and objectives for varying territories, special agent programs and contests.* Resolves challenges with effective solutions while maintaining focus on improving time service, quality of application submissions and underwriting quality and wastage.* Handling up to $10,00,000 for life, up to $1,000,000 sign off for morbidity underwriting, and sign off authority for exceptions on Intelligent Underwriting.May perform other responsibilities as assigned.We have an array of benefits to fit your needs, including: 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,At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we’ve been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can *feel* the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we're , too, and let us know – #J-18808-Ljbffr
approved by the Chief Underwriter. Protects the confidentiality of documentation and information acquired throughout the underwriting process. Works within broad limits and authority on highly sophisticated assignments requiring niche knowledge in area of expertise.* Maintains in-depth knowledge of manuals, underwriting materials, rules, regulations, procedures medical factors and practices impacting mortality and morbidity underwriting. Maintains solid understanding of all underwriting administrative systems to conduct business and provides outstanding service to all internal and external customers and field partners.* Evaluates and accesses applications requiring additional evidence of insurability. Determines the need for and authorizes 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.* Develops 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.* Evaluates, appraises and quantifies data derived from personal or business financial information and establishes insurable interest in keeping with the principle of indemnification.
Handles complex financial underwriting applications and often assists others through referrals and training on financial underwriting.* Reaches terms on, coordinates, and negotiates both automatic and facultative reinsurance within the contractual terms and conditions of Nationwide's various reinsurance treaties and product and market practices.* Consults with other underwriters on the team and accepts referred cases when designated. Suggests innovative solutions, motivates team performance and facilitates open communication to achieve desired results. Supervises the handling of unusual or challenging cases.* Educates internal and external partners on underwriting process, practice and tools. Helps train less experienced underwriting staff. Coordinates, participates and leads training development and delivery for issues or initiatives requiring technical expertise.* Works on special projects as assigned, with little to no direction and is expected to develop project plans, requirements, timelines, etc.* Meets and presents with field partners as needed. Acquires input and feedback during these visits to build a better understanding of partner needs and expectations.* Interprets electrocardiogram tracings received as evidence for life insurance applications. Consults with Medical Director for cases where physician input is required.* Determines eligibility for temporary insurance and authorizes disbursement of policy refunds if the TIA is not eligible.
Also authorizes reimbursement and for medical records or other fees requested as associated with requirements needed to confirm evidence of insurability.* Consults with Chief Underwriter, Staff Underwriting, Senior Underwriting Consultants, and the Medical Director as the need arises.* Supports and assists in meeting goals and objectives for varying territories, special agent programs and contests.* Resolves challenges with effective solutions while maintaining focus on improving time service, quality of application submissions and underwriting quality and wastage.* Handling up to $10,00,000 for life, up to $1,000,000 sign off for morbidity underwriting, and sign off authority for exceptions on Intelligent Underwriting.May perform other responsibilities as assigned.We have an array of benefits to fit your needs, including: 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,At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we’ve been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can *feel* the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we're , too, and let us know – #J-18808-Ljbffr