Senior Underwriting Consultant

FullscopeRMS helps health plans and insurance carriers grow their businesses with our turn-key solutions for group life & disability, absence management, supplement health and medical stop-loss products.

We are a subsidiary of Sun Life, a leading provider of group insurance benefits in the U.S.. FullscopeRMS also provides group life and disability plans to our clients through the third-party administrator Disability Reinsurance Management Services, Inc., often referred to as DRMS.

Job Description:

Location: We support US flexible working arrangements in the contiguous 48 states.

At Sun Life, we look for optimistic people who want to make life brighter for our Clients. We understand the value of diverse cultures, perspectives, and identities, and want you to bring your full and authentic self to work. Every day, you'll be empowered and challenged by working with dynamic colleagues to find new and innovative ways to make Sun Life the best benefits company in America.

The opportunity:

The Underwriting Senior Consultant reports into FullscopeRMS Underwriting Management and is responsible for the evaluation and selection of risk as well as the establishment of premium levels that ensure the profitable acquisition of new cases and the continued profitable retention of inforce cases within the assigned case size levels. This position will assist in the training, technical development and mentoring of a group of highly professional underwriters.

How you will contribute:

Risk Management: Support the development of an organization focused on high quality risk assessment. This requires the incumbent to:

• Make appropriate risk, premium and business decisions, and exceptions on all cases within assigned limits

• Analyze and identify early and ongoing risk trends for assigned clients and make appropriate recommendations for addressing these

• Develop personal credibility as a subject matter expert and go to resource on complex issues with clients and peers

• Provide developmental feedback on case level decisions within the context of a mentoring relationship

• Independently make financial risk decisions of up to $500,000 within defined guidelines

Teamwork: Support the achievement of FullscopeRMS as well as client goals. This requires the incumbent to:

• Utilize technical expertise in risk selection

• Apply solid understanding of client's strengths and weaknesses

• Develop selection and retention of client customers through accurate risk assessment and appropriate premium levels that meet profit, persistency and sales objectives Focus on the client's case level sales

• Provide mentoring and coaching of underwriting staff

• Demonstrate decisiveness, creativity, and superiority in risk selection so that the most competitive, equitable and appropriate decision is made for each client's case Deliver dependable, accurate, timely service and build strong relationships with all clients

What you will bring with you:

• Minimum 5-10 years of group insurance underwriting experience required; college degree preferred. High School diploma or equivalent required.

• Mastery of disability products including product provisions, plan design, pricing, and contractual benefits

• Knowledge of the reinsurance process

• Knowledge of complex insurance risk issues and dynamics

• Demonstrated knowledge of industry and marketplace trends within the local marketplace for assigned clients

• Creative problem solving and analytical reasoning skills

• Strong math aptitude

• Strong mentoring and coaching skills

• Excellent communication skills, both written and verbal

• Demonstrated ability to be persuasive and to negotiate

• Ability to give presentations and speak in a public setting

• Ability to work independently and address problems through own initiative and creativity

• Well organized and able to handle multiple priorities

• Strong computer skills, proficient in a PC environment and MS Word, Excel, and email systems

• Ability to work professionally and effectively with co-workers, clients, claimants, vendors, and others with whom DRMS does business

Do you see yourself in this role even if you haven't checked all the boxes above? We welcome all talented candidates and are committed to a culture that represents diversity in all forms. If you think you might thrive in this setting, we would love to hear from you.

Not ready to apply yet but want to stay in touch? Join our talent community to stay connected until the time is right for you!

Life is brighter when you work at Sun Life

• Excellent benefits and wellness programs to support the three pillars of your well-being - mental, physical, and financial - including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and more

• Retirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer-paid match as well as an employer-funded retirement account

• A flexible work environment with a friendly, caring, collaborative and inclusive culture

• Great Place to Work Certified in Canada and the U.S.

• Named as a "Top 10" employer by the Boston Globe's "Top Places to Work" two years running

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

If you are a California resident, the salary range for this position is:

• Southern region: $82,300 - 123,500 annually

• Central region: $86,800 - 130,200 annually

• Northern region: $92,700 - 139,100 annually

If you are a Colorado resident, the salary range for this position is $78,600 - 117,900 annually.

If you are a New York resident, the salary range for this position is $92,700 - 139,100 annually.

If you are Washington resident, the salary range for this position is $86,800 - 130,200 annually.

• The full range minimum and maximum listed in the job posting is tied to the GCF level and job family.

We consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.

Sun Life Financial is a leading provider of group insurance benefits in the U.S., helping people protect what they love about their lives. More than just a name, Sun Life symbolizes our brand promise of making life brighter -for our customers, partners, and communities. Join our talented, diverse workforce and launch a rewarding career. Visit us at www.sunlife.com/us to learn more.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

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Job Category:

Underwriting - Group

Posting End Date:

14/07/2024