This position is responsible for all risk selection activities, including the underwriting and approval of applications, working with Reinsurance companies, the Medical Director and various vendors used in the underwriting process. This includes monitoring industry trends for changes that have an impact on mortality.
Daily communication with Sons of Norway agents is a key part of this role.
Management of the Claims staff and review of all contestable claims.
Periodic review and updating of the preferred criteria, age and amount requirements and various mortality protection tools.
Partner with Sales and Marketing in developing agent field underwriting guides, training materials and periodically participate in webinars directed at agent field underwriting training.
Participate in broader initiatives, ie. Automated underwriting and application development and revisions.
Complete regulatory and compliance documents as well as manage and participate in internal audits, ie. MIB and Script Check.
Skills and Qualifications
Demonstrated solid, technical proficiency of underwriting and risk management skills.
Demonstrated strong leadership skills, working closely with Senior Management on key underwriting and claims issues and topics.
4-6 years of Life Underwriting experience
Strong analytical, quantitative, decision-making skills
Excellent written and verbal communications skills
Completed Industry related courses toward both the FALU and FLMI
Sons of Norway, a financial services and international cultural organization headquartered in Minneapolis, began with shared values and a simple promise of financial security when like-minded people came together to protect their families, celebrate their culture and strengthen their community.
For more than 120 years, we’ve lived our mission to promote and preserve the heritage and culture of Norway, celebrate our relationships with other Nordic countries and provide quality insurance and financial products to our members. Now more than 52,000 members strong, we play an active role in communities throughout North America and Norway.
To apply for this position, please submit your resume and cover letter to [email protected].