Underwriting Consultant

(Remote option available)

The Underwriting Consultant underwrites Group Life, Accident, and Disability reinsurance lines and conducts value-added services. Underwriting responsibilities will entail thorough risk evaluation of facultative referral cases for the benefit of both the client and RGA and completion of value-added services. Accountability is measured by profitability to RGA Re, completion within required time frames and client satisfaction.

• Evaluates risk and underwrites for Group Life, Accident, and Disability reinsurance products. Analyzes data, evaluates characteristics of reinsurance arrangements, applies relevant experience, and considers use of manual rate or alternative rates to the treaty. Ensures that RGA can administer the client’s proposed reinsurance. Develops and maintains relationships with clients and provides service.
• Client responsibilities: As assigned and typically more in tandem with or under supervision by other UWs, handles all facets of accounts, maintains relationships, handles facultative needs, service deliveries, reporting to and from clients, treaty maintenance, oversees correct premium and claims in tandem with account management staff.
• Contributes to Group Re profitability by analyzing/assessing assigned client profitability through experience and expense analysis and attention to assigned account performance.
• Assists on underwriting value-added services for assigned and other accounts.

Education and Experience

Required:

• Bachelor’s degree or equivalent related work experience
• 2-4 years of Group Life, Accident, and Disability underwriting experience

Preferred:

• 2-4 years marketing experience
• Group reinsurance experience

Skills and Abilities

Required:

• Basic Word and Excel skills.
• Competent ability to comprehend and interpret insurance and contract documents.
• Value judgment abilities.
• Competent knowledge of insurance principles, underwriting policies and procedures and guidelines for dealing with risk analysis.
• Competent knowledge of law, accounting, and finance as applied to the evaluation of life reinsurance risks and of life insurance risks.
• Ability to comprehend, analyze and apply vast amounts of medical and financial information quickly to making sound financial underwriting and risk assessments.
• Ability to be flexible when needed, take initiative, and demonstrate accountability.
• Intermediate oral and written communication skills demonstrating ability to share and impart knowledge.
• Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions.
• Intermediate level of investigative, analytical and problem-solving skill.
• Intermediate interpersonal skill.
• Ability to set goals and handle multiple tasks, clients, and projects simultaneously.
• Ability to appropriately balance priorities, deadlines, and deliverable.
• Ability to work well within a team environment and participate in department/team projects.
• Ability to balance detail with departmental goals/objectives.
• Ability to foster customer service as needed.
• Ability to translate business needs and problems into viable/accepted solutions.
• Basic negotiating and persuasion skills.
• General business knowledge.

Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global providers of life reinsurance, with offices around the world. RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting, and product development. Our mission is to enhance our clients' prosperity by supporting their financial and risk management capabilities.

State of Colorado: This information is provided per the Colorado Equal Pay Act. The pay range for this position in Colorado is $70,235-99,735 per year. Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA compensation includes an annual bonus plan that includes all roles and maintains a full range of competitive health and life insurance, retirement and other employee benefits.

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