Insurance Consultant

🔥 12 hours ago

🦌 Connecticut – Remote

infoinfo

💵 $84.4k - $135k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🔒 Insurance

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Logo of Lincoln Financial

Lincoln Financial

10,000+ employees

Founded 1905

💼 Consulting

⚖️ Legal

💸 Finance

Consulting • Legal • Finance

Lincoln Financial is an organization dedicated to protecting the privacy and security of its job applicants. It actively informs candidates about potential recruitment scams and outlines its robust hiring procedures, making clear that they do not request sensitive personal information during the application process. The company offers a diverse range of career opportunities across various fields including actuarial, finance, legal, and customer service, and is committed to maintaining equal employment opportunities.

📋 Description

• Underwrite Corporate-Owned Life Insurance (COLI) applications, including corporate and institutionally sponsored programs • Underwrite Guaranteed Issue (GI) and Simplified Issue (SI) COLI cases according to approved program designs, eligibility criteria, and carrier guidelines • Evaluate complex financial and corporate risks for executives, key employees, and eligible participant populations • Analyze corporate financial statements, program structures, and plan designs for underwriting standards, regulatory requirements, and risk tolerance • Apply knowledge of Qualified Purchaser and Accredited Investor definitions to program eligibility, structure, and regulatory compliance • Determine face amounts and policy terms using sound underwriting judgment • Review and approve pre-issue and post-issue underwriting transactions, including policy changes and face amount adjustments • Collaborate with Sales, New Business, Legal, Compliance, Actuarial, and Operations on case design and execution • Identify underwriting trends, emerging risks, and process improvement opportunities • Maintain current knowledge of COLI regulations, underwriting philosophies, and market practices

🎯 Requirements

• Bachelor's degree or equivalent work experience • Effective verbal and written communication skills • Ability to influence management/critical stakeholders • Analytical skills and close attention to detail • Ability to adapt quickly in a changing work environment • Experience working with corporate owned life insurance (COLI) and/or bank owned life insurance (BOLI) programs (nice to have) • Strong understanding of the institutional life insurance marketplace (nice to have) • Experience in underwriting, operations, product management, client service, implementation, relationship management, or a related area (nice to have)

🏖️ Benefits

• Clearly defined career tracks and job levels • 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 eligibility • Potential long-term incentives and sales incentives • Standard benefits package

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