Life Insurance Signature / Authority Limits

$5M Signature / $7.5M Authority

• IMPORTANT: ONLY CANDIDATES WITH INDIVIDUAL LIFE UNDERWRITING EXPERIENCE WILL BE CONSIDERED FOR THIS POSITION.

Overview

Forge and nurture strong relationships with Financial Advisors and internal stakeholders while honing your skills in underwriting Life, Disability, and/or Long-term Care insurance policies. Join a dynamic and inclusive team dedicated to achieving exceptional quality, service, and production outcomes in a fast-paced environment.

Key Responsibilities

• Enhance field and client experiences through proactive communication and effective relationship management, addressing inquiries and appeals as well as facilitating business placements.
• Serve as a trusted resource for the Northwestern Mutual Financial Network and Financial Representatives, guiding them through underwriting and risk assessment processes.
• Handle prescreen inquiries with expertise.

Underwriting Expertise

• Analyze and evaluate a wide variety of insurance applications, making informed decisions regarding approvals, classifications, or declines for diverse ages and policy amounts, with occasional guidance.
• Apply advanced underwriting knowledge and skills to mentor other underwriters effectively.
• Review applications rigorously, ensuring adherence to established underwriting standards.
• Solve complex underwriting dilemmas and manage escalations effectively.
• Leverage extensive experience with Northwestern Mutual product lines and amendments.
• Exhibit adaptability to changes while maintaining expected mortality and morbidity benchmarks.
• Commit to continuous learning and early adoption of innovative underwriting methodologies.
• Demonstrate proficiency with reinsurance programs to optimize case placement.
• Underwrite applications while consistently targeting industry-leading mortality and morbidity rates to offer the best possible outcomes.
• Oversee case and requirement management, delivering tailored service with expert guidance.
• Communicate and negotiate effectively with Field Partners, especially regarding modified or declined decisions, to assist in policy placements.
• Conduct comprehensive financial, medical, and lay assessments that lead to innovative solutions, reinforcing Northwestern Mutual’s commitment to our customers.
• Utilize diverse methods to gather essential information, including online research, direct engagement with insured individuals, and liaison with third-party advisors (Accountants, Attorneys, etc.).
• Collaborate with medical directors and technical staff to enhance underwriting processes.
• Ensure all practices comply with procedural and regulatory mandates.
• Achieve targeted quality, service, and production metrics consistently.
• Team up with Underwriting Support on case management initiatives.
• Act as a cross-functional leader and subject matter expert, working closely with functional partners while participating in project and departmental initiatives.
• Contribute to the design of the P3 curriculum in collaboration with the Learning & Development / Tech Team.

Qualifications

• A bachelor’s degree is preferred, or demonstrated success in previous underwriting roles evidenced by effective case management and quality assessments.
• A minimum of 5 years of underwriting experience is essential.
• Strong analytical abilities to make independent, sound decisions on complex cases while applying rules judiciously.
• Excellent verbal and written communication skills, with the capability to handle sensitive information with discretion and professionalism.
• Proficiency in various software applications and strong computer skills.
• Ability to work accurately and efficiently in both team-oriented and independent environments.
• High level of organizational skills, enabling the ability to prioritize tasks and meet deadlines effectively.
• Demonstrated leadership capabilities paired with a proactive, self-motivated approach to initiating and leading projects or committees.
• Agile in managing multiple tasks and adaptable in response to a dynamic work environment.

or LI-Hybrid

Compensation Overview:

Starting Salary Range:

$76,650.00

Ending Salary Range:

$142,350.00

Geographic Specific Pay Scale:

195 – Structure 110: $84,350.00 – $156,650.00
195 – Structure 115: $88,130.00 – $163,670.00

We believe in equity and transparency, which is why we provide the salary ranges for most positions. However, final salaries depend on various factors, including candidate experience, skills, market conditions, and geographic location. Standard pay structures apply, but specific adjustments may be applicable for candidates in California, New York City, or other select locations. Click here for more details.

Advance your career with a leading organization committed to prioritizing client interests at every turn. Take the first step today!

Northwestern Mutual is proud to be an equal opportunity employer that embraces and promotes diversity in its workforce. We are dedicated to fostering an environment where every employee can express their creativity, embrace challenges, and strive for personal and business growth.

DISCOVER YOUR FUTURE

Your potential means everything to us at Northwestern Mutual. Here, you can develop your career while enjoying outstanding benefits, perks, and a commitment to a culture that values belonging.

• Flexible work arrangements
• Concierge services
• Comprehensive benefits package
• Employee resource initiatives

PandoLogic. Category: Insurance