[Remote] Underwriting Sr. Consultant, Executive Benefits
Note: The job is a remote job and is open to candidates in USA. Lincoln Financial is a company that helps people confidently plan for their future. They are seeking an Underwriting Sr. Consultant to join their Executive Benefits Team, where the role involves underwriting employer-owned life insurance programs and ensuring compliance with regulatory standards.
Responsibilities
- Underwrite Guaranteed Issue (GI) and Simplified Issue (SI) COLI cases in accordance with carrier guidelines and program parameters
- Analyze lives within executive and broad based COLI/BOLI/ICOLI programs
- Determine appropriate ratings, underwriting actions, and capacity decisions
- Review compensation data, employee classifications, and benefit structures
- Assess financial justification consistent with employer owned life insurance standards
- Ensure policy face amounts align with program intent and eligibility requirements
- Underwrite in compliance with IRC §101(j) notice and consent requirements
- Ensure adherence to carrier COLI governance standards and underwriting guidelines
- Support internal review committees and large case decision processes
- Perform medical underwriting as required
- Apply thorough knowledge of Qualified Purchaser and Accredited Investor definitions to support program eligibility, structure, and regulatory alignment
- Builds and maintains strong relationships with internal and external partners
Skills
- Bachelor's degree or 4+ years of comparable work experience
- 5-7+ years of experience in Underwriting Individual Life Insurance
- Demonstrated Excellence in: Problem Solving / Analysis; Comprehension of Complex Information; Influencing Others; Risk Assessment; Demonstrated decision making using sound judgment; Negotiation Skills; Managing Conflict
- Developed Skills in analyzing and interpreting complex financial documents including profit/loss statements, income statements, and balance sheets
- Strong Written and Verbal Communication skills
- Intermediate in: Microsoft Office (Outlook, Word, PowerPoint, Excel)
- A demonstrated track record of working with minimal supervision, being a self-starter and working with others in a team environment
- Industry Exams – LOMA encouraged
Benefits
- Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes
- Leadership development and virtual training opportunities
- PTO/parental leave
- Competitive 401K and employee benefits
- Free financial counseling, health coaching and employee assistance program
- Tuition assistance program
- Work arrangements that work for you
- Effective productivity/technology tools and training
- Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual
- Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package
Company Overview