Underwriting Consultant

October 10

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Northwestern Mutual

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To learn about our company visit Northwestern Mutual's website at www.northwesternmutual.com

5001 - 10000 employees

Founded 1869

💸 Finance

Description

• Builds relationships with Financial Advisors and internal partners. • Develops the skills necessary to successfully underwrite Life, Disability, and/or Long-term Care insurance policies in an inclusive and fast-paced environment ensuring all quality, service and production goals are met. • Responsible for credible and effective relations and communication with field and customer to include responding to case appeals/inquiries and assists with placing business. • Provides guidance and assistance to the Northwestern Mutual Financial Network and Financial Representatives regarding case underwriting and risk appraisal. • Responsible for prescreen inquiries. • Responsible for the analysis and appraisal of a broad range of insurance applications; approves, classifies, or declines applications for various ages and policy amounts with occasional guidance, as needed. • Uses advanced UW knowledge and expertise to provide the appropriate level of underwriting skill and mentoring to UWs. • Uses advanced skills to review applications and adheres to underwriting standards. • Solves complex problems and escalations. • Advanced level of experience with NM product types and changes. • Models change agility while maintaining mortality and morbidity expectations. • Demonstrates continuous learning through the early adoption of new ways of underwriting. • Proficient with Reinsurance programs and able to determine where to best place a case. • Underwrites applications, maintaining industry-leading mortality and morbidity giving the best possible offer that can be made. • Provides active case and requirement management and provides customized service with guidance. • Demonstrates advanced ability to communicate & negotiate with Field Partners to explain modified or declined decisions & assist in policy placement. • Provides advanced financial, medical, and lay underwriting assessments and offers innovative solutions to keep Northwestern Mutual as the choice of our customers. • Actively utilizes the most effective means to obtain the necessary information, including Internet searches, direct contact with the insured, and communication with third party advisors (Accountants, Attorneys, etc.). • Collaborates with medical directors and technical staff. • Responsible for adherence to procedures and regulatory processes. • Understands and meets all quality, service, and production goals. • Partners with Underwriting Support for case management. • Subject matter expert in product process w/collaboration w/functional partners and participates in projects and department initiatives. • Collaborates and designs P3 curriculum with L&D/Tech Team.

Requirements

• A bachelor's degree preferred or demonstrated consistent success in prior Underwriting role as evidence by satisfactory case management and quality review. • Minimum of 5 years of underwriting experience. • Analytical skills with an established record to make independent decisions on complex cases and apply sound judgment in the application of rules. • Excellent written and oral communication skills with the ability to handle confidential information, exercise tact, diplomacy, and resourcefulness. • Proficient in computer skills and using various software packages. • Ability to work accurately while maintaining speed and flexibility in a team and independent production environment. • A high degree of organization and the ability to establish priorities and meet deadlines. • Demonstrated strong leadership skills and a high degree of self-motivation and initiative to lead projects or committees. • Displays agility to manage multiple tasks​ and adapt in a changing work environment.