Sr. Consultant, Underwriting

Are you passionate about being part of a team that delivers extraordinary care to help individuals and businesses prepare for and protect their retirement? If so, then Nationwide Financial could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

Case Evaluation and Financial Analysis

• Independently assess applications for guaranteed issue, simplified issue, or regular issue, making informed decisions based on underwriting criteria.
• Underwrite lives on a medical basis as needed, utilizing expertise to accurately assess risk.
• Analyze financial statements, SEC 10-K and 10-Q filings, and FDIC reports to inform underwriting decisions and risk assessments.
• Evaluate and determine the insurable interest of organizational structures, making independent recommendations based on findings.

 

Plan Design

• Lead the evaluation and approval of plan design modifications, ensuring alignment with company policies and market needs.

 

Compliance and Risk Mitigation

• Understand and apply reinsurance treaty terms
• Make decisions that uphold compliance and mitigate risk
• Continuously update and apply in-depth knowledge of underwriting guidelines, making independent judgments in complex cases

 

Education:  

• Undergraduate studies in business administration or related field 

 

License/Certification/Designation:  

• FINRA SIE and Series 6

 

Experience:  

• A minimum of three years experience in corporate – owned life and corporate sponsored insurance underwriting

 

Knowledge, Abilities and Skills:   

• Knowledge of plan design structures of both corporate owned and corporate sponsored policies
• Knowledge of complex financial statements
• Knowledge of reinsurance – both automatic and facultative
• Knowledge of regulatory issues and market conditions
• Knowledge of medical underwriting
• Ability to evaluate risk  
• Excellent verbal and written communication skills

 

Other criteria, including leadership skills, competencies and experiences may take precedence.  

Compensation Grade: H4

Job Description Summary

Our underwriters work hard to provide the exceptional customer experience for which Nationwide is known. Effectively engaging with our firms and financial professionals to get to know their clients and their needs builds our understanding of the market, what is needed to win business and put our best offer out first.

If you thrive working autonomously, making decisions on a variety of impactful issues and continuing to learn and adapt to grow, we want to know more about you!

As a Senior Life Underwriting Consultant, you'll analyze, select and classify applications for life insurance of considerable technical complexity and exposure to ensure underwriting quality in …