[Remote] Underwriting Consultant

Note The job is a remote job and is open to candidates in USA. Legal & General America is a forward-thinking company committed to transforming purpose into progress. The Underwriting Consultant will select profitable risks and review life insurance applications while fostering strong relationships with brokers and providing guidance to less experienced underwriters. Responsibilities Review life insurance applications within the limits of authority, including all underwriting requirements and other evidence of insurability to determine acceptability and to detect and deter attempts to defraud the company Order only additional requirements which are appropriate and necessary for the assessment of the risk Make appropriate decisions on cases within approval authority. Through the referral process, recommend specific course or action or final decision on applications which are outside approval authority or where the complexity exceeds the individual experience level Maintain favorable relationships with the field. Communicate with broker/partners the company position/decision on cases in a positive empathetic manner so as to foster confidence in the decision and encourage future business from the distribution system. Provide counsel and advice to agency offices regarding submission and placement of business Identify process changes to improve customer experience As required, communicate with reinsurers on cases Approve Applications for policy issue up to $5,000,000 for all ages and ratings Consistently meet or exceed productivity and quality guidelines established by the department or team Assist the immediate manager with any special departmental projects at her/his direction Provide members of management with information and possible solutions regarding issues which affect the team, its agencies, or the department as a whole Make suggestions regarding increasing the approval authority or additional training of underwriters who refer cases Skills BS/BA degree or applicable experience Minimum 8 years of underwriting experience, including large case underwriting and substandard cases PC knowledge to include Word, Excel, and PowerPoint Knowledge of medical terminology and business financial documents Production & quality oriented Ability to make real-time independent decisions regarding life insurance applications Effectively utilize available resources Document cases and thought process Review more complex personal and financial cases Coach & mentor less experienced underwriters in the department, including second signature responsibilities Demonstrate understanding of the reinsurance process Proficient in financial underwriting, including underwriting business cases Agile & process improvement mindset Innovative & data driven Proficient in understanding the reinsurance process, including when cases need to be submitted and how to do so Able to demonstrate advanced technical underwriting knowledge and skills, including medical terminology Demonstrate superior written and verbal communication skills FLMI, FALU or CLU designation preferred Candidates local to the Frederick, Maryland area preferred Benefits Sign-on bonus Long term incentives Annual bonuses Eligible to participate in the Annual Incentive Plan The current target payment for the position is 20% of base salary, modified for corporate and individual performance Bonuses are pro-rated based on start date 20 vacation days and 10 sick days that are accrued on a bi-weekly basis 9 paid holidays throughout the calendar year Health, life, and dental insurance 401K with company match up to 6% Pension package Generous time off Wellbeing initiatives throughout the year Professional development and we’ll support and mentor you in your career progression Enjoy time off to volunteer for those causes that matter most to you Company Overview Legal & General is a financial consulting agency that specializes in life insurance and retirement services. It was founded in 1836, and is headquartered in Frederick, Maryland, USA, with a workforce of 501-1000 employees. Its website is https//www.lgamerica.com/. Company H1B Sponsorship Legal & General America has a track record of offering H1B sponsorships, with 2 in 2023, 1 in 2022, 2 in 2021. Please note that this does not guarantee sponsorship for this specific role.

Back to blog

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...