Transamerica
Life Underwriting Consultant
About this role
Job Family UnderwritingAbout Us At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests. Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there. Who We Are We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life. Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them. We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms. What We Do Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs. Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group servingapproximately 23.9 million customersworldwide.* For more information, visit transamerica.com. Job Description Summary Responsible for ensuring the effective risk selection of cases reviewed. This position requires frequent interaction with Underwriting, New Business and distribution groups. Approval authority up to ($2,500,000-$5,000,000) through all tables and all ages. Can evaluate up to $7,500,000.Job Description Responsibilities
- Proven competency at all job tasks and expectations of Underwriter, Intermediate Underwriter and Senior Underwriter.
- Demonstrated leadership skills within team and underwriting department.
- Shows solid tactical planning and execution of underwriting objectives, both individually and team oriented.
- Shows ability to make complex decisions on cases and to be comfortable with them and able to defend them.
- Shows traits of continuous learning within the Underwriting profession.
- Mentor and provide consultative services to subordinates.
- Continually looks for ways to improve upon processes. Solid Lean knowledge, able to demonstrate business results of efforts
- Asks value-added questions for clarification, focused decision making and customer success. Qualifications
- A bachelor’s degree or equivalent combination of education/experience.
- A minimum of 6 years life or health underwriting experience.
- Demonstrated skill in AWD or similar system, MS Office skills, risk assessment skills, strong platform skills and strong financial analytical skills.
Preferred Qualifications
- Ability to multi-task and prioritize.
- Excellent verbal and written communication skills while working with different levels of both internal and external audiences.
- Ability to meet high productivity demands for self and staff.
- Strong decision making and problem solving skills.
- Ability to work independently and possibly work in remote setting with virtual environment and team. Working Conditions
- Remote Environment The Salary for this position generally ranges between $85,000-$105,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law. Additionally, this position is typically eligible for an Annual Bonus of 12.5% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.
- We will never request personal information such as ID or payment for equipment upfront.
- Official offers are sent via DocuSign following a verbal offer—not through text or email This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request. What We Offer For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees. Compensation Benefits