underwriting consultant

Company: Northwestern Mutual
Location: Franklin
Posted on: November 2, 2024

Job Description:

Builds relationships with Financial Advisors and internal partners.
Develops the skills necessary to successfully underwrite Life, Disability, and/or Long-term Care insurance policies in an inclusive and fast-paced environment ensuring all quality, service and production goals are met.

### Primary Duties & Responsibilities

* Field & Client Experience.
* Responsible for credible and effective relations and communication with field and customer to include responding to case appeals/inquiries and assists with placing business.
* Provides guidance and assistance to the Northwestern Mutual Financial Network and Financial Representatives regarding case underwriting and risk appraisal.
* Responsible for prescreen inquiries.

### Underwriting

* Responsible for the analysis and appraisal of a broad range of insurance applications; approves, classifies, or declines applications for various ages and policy amounts with occasional guidance, as needed.
* Uses advanced UW knowledge and expertise to provide the appropriate level of underwriting skill and mentoring to UWs.
* Uses advanced skills to review applications and adheres to underwriting standards.
* Solves complex problems and escalations.
* Advanced level of experience with NM product types and changes
* Models change agility while maintaining mortality and morbidity expectations.
* Demonstrates continuous learning through the early adoption of new ways of underwriting.
* Proficient with Reinsurance programs and able to determine where to best place a case.
* Underwrites applications, maintaining industry-leading mortality and morbidity giving the best possible offer that can be made.
* Provides active case and requirement management and provides customized service with guidance.
* Demonstrates advanced ability to communicate & negotiate with Field Partners to explain modified or declined decisions & assist in policy placement.
* Provides advanced financial, medical, and lay underwriting assessments and offers innovative solutions to keep Northwestern Mutual as the choice of our customers.
* Actively utilizes the most effective means to obtain the necessary information, including Internet searches, direct contact with the insured, and communication with third party advisors (Accountants, Attorneys, etc.).
* Collaborates with medical directors and technical staff.
* Responsible for adherence to procedures and regulatory processes.
* Understands and meets all quality, service, and production goals.
* Partners with Underwriting Support for case management.
* Cross-Functional leadership.
* Subject matter expert in product process w/collaboration w/functional partners and participates in projects and department initiatives.
* Collaborates and designs P3 curriculum with L&D/Tech Team.

### Qualifications

* A bachelor's degree preferred or demonstrated consistent success in prior Underwriting role as evidence by satisfactory case management and quality review.
* Minimum of 5 years of underwriting experience.
* Analytical skills with an established record to make independent decisions on complex cases and apply sound judgment in the application of rules.
* Excellent written and oral communication skills with the ability to handle confidential information, exercise tact, diplomacy, and resourcefulness.
* Proficient in computer skills and using various software packages.
* Ability to work accurately while maintaining speed and flexibility in a team and independent production environment.
* A high degree of organization and the ability to establish priorities and meet deadlines.
* Demonstrated strong leadership skills and a high degree of self-motivation and initiative to lead projects or committees.
* Displays agility to manage multiple tasks and adapt in a changing work environment.

Keywords: Northwestern Mutual, Mount Prospect , underwriting consultant, Professions , Franklin, Illinois