How to Become a Life Underwriting Director

Step 1: Understand the job description and responsibilities of a Life Underwriting Director

What does a Life Underwriting Director do?

A Life Underwriting Director directs and oversees the life insurance underwriting program for individuals and/or groups. Responsible for ensuring integrity of underwriting activities and processes. Being a Life Underwriting Director provides assistance to underwriters on more complex applications. Position may require supplemental training and education in the field, such as to obtain CLU and FLMI designations. Additionally, Life Underwriting Director requires a bachelor's degree. Typically reports to top management. The Life Underwriting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Life Underwriting Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.

People's Opinions on Life Underwriting Director responsibilities

Underwriting is used to get a picture of who you are based on your characteristics, especially how healthy you are (or not).

01/12/2020: Lorain, OH

Serve as resource to other underwriters in finding alternatives to solve underwriting or new business problems.

12/22/2019: Scranton, PA

Promote underwriting expertise to field distribution.

02/07/2020: Bloomington, IN

Educate producers about the underwriting process and foster trust and cooperation between underwriters and producers.

01/12/2020: Bradenton, FL

You will provide subject matter expertise on life underwriting assignments and projects.  You will adhere to medical, non-medical and financial guidelines while determining an individual's insurability while evaluating and assessing complex risk to determine whether to accept an insurance application and determine appropriate coverage.

01/07/2020: Orange, CA
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Step 2: Learn best tips to become a Life Underwriting Director

Best tips for those who want to become a Life Underwriting Director

Here are some tips to become a Life Underwriting Director.

People's Opinions on best tips

Medical Information Bureau check.

02/02/2020: Lawrence, MA
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Step 3: View best colleges and universities for Life Underwriting Director

Best colleges and universities for Life Underwriting Director

  • Butler University
  • Carroll College
  • Cooper Union
  • High Point University
  • Princeton University
  • Providence College

Step 4: Think about whether is it worth to be a Life Underwriting Director

Is being a Life Underwriting Director Worth it?

People's Opinions on lifestyles

6 - 10+ Years of Individual Life Underwriting experience that directly aligns with the specific responsibilities of the position (Required ).

01/14/2020: Greenville, SC

10+ years of experience underwriting individual Life Insurance / Life Underwriting including medical, non-medical and financial risk selection.

02/28/2020: Milwaukee, WI

Develop, measure and communicate product, pricing, sales and underwriting strategies to field underwriters.

01/26/2020: Las Vegas, NV

Underwriting is used to get a picture of who you are based on your characteristics, especially how healthy you are (or not).

02/21/2020: Rochester, MN

All insurance products involve some degree of underwriting, which is used to get a picture of who you are based on your characteristics and how they relate to the kind of insurance you’re purchasing.

01/16/2020: Durham, NC
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Step 5: Prepare relevant skills for being a Life Underwriting Director

What skills do you need to be a Life Underwriting Director?

This role is not a beginner's role, as such, there are many skills required.  It is vital to the role to command: Policy Analysis, Reinsurance, Underwriting, Risk Analysis, Contract Review, Denial Administration, Insurance Regulatory Guidelines, Loss Run Analysis.  For this position, you need to be experienced with: Insurance Software, Underwriting & Rating Software.  Management isn't easy, if it were, everyone would have the competenticies to execute the role with success.

People's Opinions on Life Underwriting Director skills

8+ years insurance/med mal underwriting experience.

02/01/2020: Nashville, TN

5+ years of related experience in a Life insurance environment.

02/11/2020: Toledo, OH

Required 10+ years of experience in Life insurance….

02/18/2020: Fort Myers, FL

Ability to provide training to internal and external customers on underwriting topics.

12/30/2019: Alamogordo, NM

10+ years of life underwriting experience with demonstrated competence and experience handling large face amount cases.

12/27/2019: Stamford, CT
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Step 6: View average salary for Life Underwriting Director

How much does a Life Underwriting Director make?

The average salary range for a Life Underwriting Director is from $124,018 to $152,272. The salary will change depending on your location, job level, experience, education, and skills.

Salary range for a Life Underwriting Director
$124,018 to $152,272

Step 7: Find relevant Life Underwriting Director jobs, and apply.

Looking for Life Underwriting Director jobs?

Here are some Life Underwriting Director jobs in the United States.

Search Life Underwriting Director Jobs in the United States

Step 8: Explore Career Path of Life Underwriting Director