Lead Underwriting Consultant

📋 Description

• • Lead Underwriting Consultant responsible for underwriting and overseeing the selection of risk for large, complex life insurance applications, directly contributing to financial objectives such as profitability, production, and persistency.
• • Day-to-day responsibilities include analyzing qualitative and quantitative data for risk selection and pricing, evaluating life insurance applications with chronic illness riders, assisting junior underwriters with complex issues, participating in business planning and product development, selecting and classifying risks per company standards, managing retention, maintaining profitable mortality experience, interpreting medical and financial information, making underwriting decisions up to $15,000,000 in coverage, reviewing and signing referrals, identifying and solving work-related problems, collaborating with field and home office teams, maintaining internal and external partnerships, participating in major projects, ensuring compliance with policies, staying current with industry trends, and completing required training.
• • Penn Mutual Life Insurance Company is a 175-year-old mutual insurer committed to empowering individuals, families, and businesses toward financial security through life insurance, annuities, wealth management, and institutional asset management, offering a flexible hybrid work model that supports work-life balance.
• • In this role, the individual will develop underwriting processes and standards, lead initiatives to improve productivity and quality, mentor and train other underwriters, influence product and program development, and gain deep expertise in complex risk assessment, reinsurance, and chronic illness underwriting while contributing to the company’s financial strength and market position.