Underwriting Consultant

• Title: Underwriting Consultant
• Type: Full Time
• Experience: 5-7 Years
• Function: Business Support/Operations
• Location: Minneapolis, MN, United States
• Company: Ameriprise Financial Services

Ameriprise Financial provides extensive investment advice, asset management and insurance capabilities, and a nationwide network of financial advisors.

The company is recruiting an Underwriting Consultant who will work directly with field advisors and clients with insurance applications.

Responsible for underwriting insurance applications within strict guidelines up to $5,000,000 of life insurance face amount and $8000 monthly benefit on disability.

• Bachelor’s Degree or equivalent

• 5-7 years of relevant experience with Individual Life or Disability Underwriting

• Direct contact with the field to gather financial and medical information on clients, communicate underwriting risk assessment decisions, and assist the field throughout the insurance process.
• Provide formal mentoring of less experienced underwriters. Co-signing on all policies up to $5,000,000 on life insurance and $8,000.00 monthly benefit on disability amounts for underwriter trainees.
• Quality assurance reviewing randomly selected cases completed by a specific underwriter that have a higher premium value. Review for appropriate thought processes and risk assessment decisions and provide coaching and feedback.
• Review and assess medical and non-medical requirements, and partner with the medical director, leadership, and peers as needed to determine insurability. On average, actively manage a caseload of 250 plus applications.
• Review applications from advisors to determine insurability, and categorize the risk to determine the appropriate premium and rating class.
• Travels to field offices or presents via Web Ex, conference calls, or other available technology for coaching, training, and relationship building with advisors.

• Ability to coach and mentor others
• Demonstrated analytical skills
• Demonstrated decision-making skills
• Excellent communication skills

• Fellow, Association of Life Underwriters (FALU)
• Certified Life Underwriter CLU

Ameriprise Financial is an Equal Opportunity Employer. The company considers all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status, or any other basis prohibited by law.