Director, Large Case Underwriting

You desire impactful work.
 

You’re RGA ready

RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A Brief Overview

The Director, Large Case Underwriting using expert-level underwriting risk assessment skills and experience, evaluates and classifies medical, non-medical, and financial risks on large, more complex and challenging life risks/cases.  Develops and manages client relationships to ensure client’s needs are met while ensuring profitable underwriting decisions and maintaining RGA Re’s philosophy. Recommends and participates in the development and implementation of process improvements that may extend beyond the area of oversight.

What you will do

• Appraises and underwrites large, complex, and challenging risks for life insurance; regularly reviews cases over $10 Million... Ensures underwriting quotes are sound, competitive, and profitable to RGA Re. Under direction, makes exceptions within RGA Re philosophy and practice, balancing attention to client relationships and profitable business. 

• Processes case load to ensure completion in a timely, efficient manner, meeting or exceeding time service/productivity goals, audit results, and other required metrics; and ensuring compliance with internal underwriting and audit guidelines.

• Develops and manages client relationships by providing underwriting solutions to clients through partnering with them to identify unique, creative ways to solve their problems, improve their business results and by effectively communicating, negotiating, and selling underwriting decisions which result in strong business relationships.

• Reviews Jumbo Notifications, Capacity Checks, and Auto Pool Exceptions received from clients, advising of discrepancies in reported inforce coverage, whether a total line is within jumbo limits or not, available RGA capacity, and determining if a business decision could or could not be warranted in certain situations.

• Markets RGA Re capabilities and facultative services through daily phone contact, attendance at industry meetings, and client company visits.

• Keeps abreast of new client company or industry products, current developments, and changes in medical and financial underwriting and maintains/updates professional development through study of literature and participation in seminars. 

• Participates, as a subject matter expert, leader, or team member, in special projects, committees, meetings, and client presentations, as required.

• Assists in co-signing facultative cases, participating in meetings or projects as requested.

Qualifications

• Bachelor’s Degree or equivalent related work experience (minimum 8 years)
  7-8 years of reinsurance underwriting experience or 9+ years of direct underwriting experience Required

• BS/BA Science or Business preferred
  ACS, ALU, FLMI, FALU, or CLU accreditation or progress towards accreditation 10+ years of reinsurance underwriting experience preferred

• Intermediate Word, Excel, and PowerPoint skills . Required

• Advanced ability to comprehend and interpret insurance and contract documents. Required

• Advanced oral and written communication skills. Required

•  Advanced knowledge of broad business practices. Required

• Advanced persuasion and negotiating skills when working with clients to present quotes and/or solutions and to resolve issues/problems. Required

• Highly advanced investigative, analytical, and problem-solving skills utilizing experience, research, guidelines, and internal resources. Required

• Advanced ability to manage multiple tasks and/or projects simultaneously, including the ability to handle changing priorities and deliverables. Required

• Advanced ability to comprehend, analyze, and apply vast amounts of medical and financial information quickly to making sound financial underwriting and risk assessments. Required

• Highly advanced knowledge of insurance principles, underwriting policies and procedures, and guidelines for dealing with risk analysis. Required

• Advanced knowledge of medicine, law, accounting, and finance as applied to the evaluation of life insurance and reinsurance risks. Required

•  Advanced knowledge of industry practices, trends, and applications and the ability to communicate this knowledge to clients