Who We Are

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

Who You’ll Work With

This role is working with our Structured Settlements group, reporting directly into the Head of Structured Settlements.

About The Role

This position oversees and manages the Structured Settlement Medical Underwriting Program and a team of medical underwriters, and represents the medical underwriting team in business processes and company-wide underwriting risk management activities.

Responsibilities

• Establishing medical underwriting guidelines, policies, and procedures regarding risk assessment, processing, and operational risk relevant to the structured settlements business, and within the overall underwriting philosophy, guidelines, and procedures

• Underwriting complex cases to assign reduced life expectancies in an independent manner within approved authority guidelines

• Managing and providing daily direction to medical underwriting staff, medical consultants, clerical staff, and third-party vendors

• Overseeing and monitoring performance of the team and the processes, including establishment and coordination of regular peer reviews and reviews of sold cases

• With assistance from internal and external resources, researchers, and consultants, maintains the medical underwriting manual

• Regularly reviews appropriateness of underwriting authorities

• Establishing the training program for new hires

• Responsible for periodic review of underwriting program and adjusting policies and procedures accordingly

• Overseeing the medical underwriting workflow process, from intake of requests to delivery of results to agents and the monitoring of underwriting results

• Working with management, the pricing team, and experience studies team to make appropriate adjustments to the underwriting program to align with actual mortality experience and profit targets

• Working with management and the product development team to establish medical underwriting policies and procedures for new products and new markets

Please note this is not an exhaustive list of all responsibilities of the position, and the requirements of the job may change in line with business needs.

Skills and Qualifications

• Bachelor’s degree in a related field

• Completion of advanced clinical, medical, or insurance underwriting designations and/or licensing

• Professional industry designations a plus

• Strong and extensive clinical background (e.g. Nurse Practitioner or Physician Assistant) or advanced life underwriting designation (FALU, CLU).

• 5+ years’ experience in medical underwriting, preferably in the structured settlement industry or substandard life or annuity industries.

• Experience maintaining risk management standards, policies, and guidelines

• Experience with medical research and documentation practices

• Experience with peer-review and other quality control initiatives

• Experience leading and directing other team members and working with physicians and other medical and insurance professionals

• Broad and deep knowledge of disease processes and medical conditions

• Life insurance and underwriting designation(s) highly desirable (e.g. AALU, FALU, FLMI, CLU, CSSC, etc.)

• Experience researching impairments, conditions, and treatments using multiple publications and resources including ability to concisely summarize findings

• Ability to work across functional units to communicate ratings and reevaluate based on new information and competitive intelligence

• Moderate computer proficiency and prior experience using workflow and data management applications

• Strong analytical and interpretive skills

• Strong communication skills, both verbal and written

• Must be comfortable working in a fast-paced environment

• Strong organizational skills

• Commitment to quality

• Ability and commitment to work in a team environment

• Ability to manage multiple projects by understanding criticality and priority, making recommendations, etc.

• Ability to manage time and multitask effectively while demonstrating problem solving skills

• Ability to maintain composure and professionalism at all times

• Ability to adapt to new situations and changing priorities

• Ability to work independently as well as in a team environment

• Knowledge of claims management procedures a plus

• Able to travel as required

• Proficiency in Microsoft 365 (Excel, Word, PowerPoint, Visio)

• Results oriented

• Managerial experience or leadership education preferred

Work Location

This position is currently designated as Remote-TX.

Estimated Travel

Minimal travel

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to [email protected].  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.

We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Functional Area:

UW - Underwriting

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

American General Life Insurance Company