Senior Underwriting Director

Posted:
12/16/2024, 4:00:00 PM

Location(s):
Illinois, United States ⋅ Chicago, Illinois, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking ⋅ Sales & Account Management

Workplace Type:
Remote

The Senior Underwriting Director, reporting to a Managing Senior Underwriting Director, will be experienced in handling high face amounts. They bring a specialized skill set and a keen attention to detail that is essential in accurately assessing and managing the risks associated with these substantial policies. Their expertise in underwriting high face amounts enables them to meticulously evaluate complex cases, apply advanced risk assessment methodologies, and ensure that the underwriting process aligns with the unique considerations of large policies.

Position Responsibilities:

  • Continue maintenance and growth of our strength in Underwriting

  • Manage relationships with all Customers including Regional Sales Vice Presidents, National Sales Vice Presidents, Advanced Markets, Producer Groups, and Producers

  • Manage change in a highly competitive market

  • Stay abreast of emerging trends, regulatory changes, and market dynamics

  • Contribute to the development and implementation of underwriting best practices

Required Qualifications:

  • Post-secondary education or equivalent work experience.

  • Minimum 10 years Life underwriting experience

  • AALU or FALU designation preferred.  ACS designation is an asset as well.

  • Expert knowledge and understanding of medical, non-medical and financial underwriting principles and practices

  • Expert knowledge of reinsurance market place, treaties, agreements and available capacity 

  • Exceptional priority management with ability to work effectively under deadlines, balance published service times with an appropriate customer focus and balance between production responsibilities and the management of the team.

  • Strong organizational, analytical and problem solving skills

  • Expert knowledge of mainframe and PC environment

  • Strong written and verbal communication skills

  • Knowledge of and ability to apply project management skills

  • Expert knowledge of insurance contract law and state legislative requirements as they relate to the underwriting and issue of life insurance contracts

  • Ability to create, maintain, and manage the ongoing relationships between the team and its customers, ensuring all team members are familiar with the customers and the way they conduct business

  • Ability to influence and negotiate in positive ways with strong people skills

When you join our team:

  • We’ll empower you to learn and grow the career you want. 

  • We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. 

  • As part of our global team, we’ll support you in shaping the future you want to see.

#LI-JH 

#LI-Remote

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Primary Location

US Full time - Remote

Working Arrangement

Remote

Salary range is expected to be between

$114,975.00 USD - $206,955.00 USD

If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify I Pay Transparency

Company: John Hancock Life Insurance Company (U.S.A.)