Consultant II, Underwriting

Overview

Are you passionate about being part of a team at a Fortune 100 company with nearly $70 billion in annual sales that delivers extraordinary care to help individuals and businesses prepare for and protect their future? If so, Nationwide Financial could be the place for you. At Nationwide, “on your side” goes beyond just words. Our customers and partners are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

We are seeking a highly experienced and professional Consultant II Life Underwriting New Business field resource. The ideal candidate will have a thorough understanding of the Life New Business distribution, at least 10 years of life underwriting experience, and a $5M sign-off limit.

• Serve as a field resource for underwriting in the Life New Business distribution channel.
• Demonstrate a thorough understanding of the Life New Business distribution channel.
• Utilize at least 10 years of life underwriting experience to make informed decisions.
• Maintain a $5M sign-off limit for underwriting approvals.
• Build and maintain strong relationships with key stakeholders.
• Effectively communicate and present the underwriting story to various audiences.
• Possess deep knowledge of the competitive market and industry trends.
• Exhibit strong presentation skills and executive presence.
• Partner with marketing to develop underwriting-related materials.
• Demonstrate command skills and professional demeanor.
• Foster a competitive spirit and drive positive underwriting change within the organization.

• Minimum of 10 years of life underwriting experience.
• Proven track record of relationship building and effective communication.
• Strong knowledge of the competitive market and industry trends.
• Availability to travel at least 2x per quarter.
• Excellent presentation skills and executive presence.
• Ability to partner effectively with marketing and other departments.
• Demonstrated command skills and professional demeanor.
• Competitive mindset with a drive for positive change.

This position can be filled as Hybrid or Remote. This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the STEM OPT Extension program.

Job Description

Summary:

Our underwriters work to provide the exceptional customer experience Nationwide is known for. If you thrive working autonomously, making decisions on a variety of impactful issues and continue to learn and adapt to grow, we want to know more about you.

As a Life Underwriting Consultant, you’ll analyze, select and classify applications for life insurance, of considerable technical complexity and exposure, to ensure underwriting quality according to established policies, practices and standards. You’ll review and make decisions on larger, more sophisticated, or unusual business. You’ll coordinate life selection standards to achieve satisfactory mortality experience and acceptable administrative results. You’ll have opportunities to provide leadership on projects and teams, identify problems and potential solutions, and serve as a referral point for less experienced underwriters.

You’ll work with latitude for independent judgment based on your underwriting authority and company standards.

• Receive, evaluate and underwrite complex life insurance applications up to the maximum handling limit approved by the Chief Underwriter, maintaining confidentiality and working within authority limits.
• Maintain in-depth knowledge of underwriting manuals, materials, rules, regulations, procedures, medical factors and practices impacting mortality and morbidity underwriting; provide outstanding service to internal and external customers and field partners.
• Evaluate applications requiring additional evidence of insurability; authorize ordering of underwriting requirements (e.g., medical exams, lab tests, attending physician reports, etc.).
• Develop understanding of accelerated underwriting and apply risk-based decision-making to determine requirements and appropriate risk class.
• Evaluate financial underwriting data, establish insurable interest,…