Pacific Life Job - 29424443 | CareerArc
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Company: Pacific Life
Location: Minneapolis, MN
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services

Description

Director, Underwriting
Currently, we are seeking a talented Director of International Underwriting to join the Life Insurance Division with a focus on the Wealthy Global Citizen market. The Life Insurance Division works with financial and insurance professionals to give families and businesses the life insurance coverage needed to help meet important financial protection, wealth accumulation, and wealth preservation goals.

POSITION SUMMARY:

The Underwriting Director is responsible for day to day risk assessment activities. Ensures work is handled in a timely and effective manner with an emphasis on building and maintaining client relationships and making business decisions that align with the Life Insurance Division's strategies and risk tolerance. This individual will support the Wealthy Global Citizen business including research in industry trends, market advancements and producer business analysis. Critical skills in communication, complex medical and financial case design and negotiation skills are a must.

KEY RESPONSIBILITIES INCLUDE:

  • Plans, organizes and distributes day to day workflow

  • Provides Leadership and Manages Underwriters who are responsible for assessing risk on all life insurance business across all products and within channels

  • Reviews, analyzes, and documents evidence for New Business to determine appropriate risk classifications. Signing authority up to $25 million

  • Builds business relationships with life insurance producers, Pacific Life field personnel, industry groups, and other internal/external customers

  • Experienced in Innovation and automation platform

  • Analysis/ research of international business, tools and competitor guidelines.

  • Collaboration with producers, carrier office and sales personnel is key and complex.


FACTORS FOR SUCCESS:

  • College degree or equivalent professional experience preferred

  • Minimum of 20 years' experience underwriting in the life insurance business, including knowledge and understanding of financial concepts/terminology and medical terminology.

  • Ability to motivate, develop, and direct staff

  • Knowledge and experience with Medical Information Bureau (MIB) coding

  • Strong written and verbal communication skills, and the ability to communicate with various levels of professionals

  • Presentation skills

  • 20 years' experience writing documents such as emails, correspondence, adverse disclosure notices, etc. #LI-JB1


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