Vice President, Chief Underwriter

Who We Are

NFP, an Aon Company, is a multi-year Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com

This position will support Diversified Brokerage Services (DBS), a subsidiary of NFP. DBS is one of the largest brokerage general agencies in the United States specializing in life insurance, and we’re proud of our roots, starting as a family run business in 1968 and growing to where we are today. With over 50 years in the insurance industry, we’ve honed in on our strengths and perfected our processes, resulting in the best possible experience for the advisors we serve. We invite you to learn more about us and discover the “DBS Difference” for yourself! To learn more, please visit: https://dbs-lifemark.com

Job Summary: The Chief Underwriter is a key position within our life insurance brokerage firm, responsible for leading the underwriting process and ensuring the quality and profitability of our life insurance portfolio. This role demands a thorough understanding of underwriting principles, risk assessment, and the life insurance market. The Chief Underwriter will play a pivotal role in shaping our underwriting strategies and practices, without the responsibility of supervising other employees.

The Chief Underwriter will be accountable for handling JUMBO cases and interacting directly with key advisors and relationships. This position will include travel to industry events to develop strong relationships with other underwriters and strategic partners at insurance carriers. This role reports to the Executive Vice President of Operations.

Key Responsibilities

• Review highest value and most complex cases to determine risk and make underwriting decisions consistent with company guidelines and policies.
• Analyze financial statements, medical reports, and other pertinent data to make informed underwriting decisions.
• Negotiate with carriers to get the best possible rating.
• Discuss other than applied for decisions with advisors and insurance applicants.
• Collaborate with brokers, agents, and other stakeholders to provide underwriting expertise and advice including participation in advisor meetings and calls.
• Stay current with insurance industry trends, regulations, and best practices …