Job Description

Alternate Locations: Atlanta, GA (Georgia); Boston, MA (Massachusetts); Charlotte, NC (North Carolina); Dover, NH (New Hampshire); Omaha, NE (Nebraska); Phoenix, AZ (Arizona); Work from Home

Relocation assistance is not available for this opportunity.

Level: P3

Requisition 64769

About the Company

Lincoln Financial Group, a Fortune 250 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas Life Insurance, Annuities, Retirement Plan Services and Group Protection focus on supporting, preserving and enhancing over 17 million customers lifestyles and retirement outcomes.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $238 billion in assets under management as of December 31, 2018.

Ranked one of the Best Large Employers in America by Forbes magazine, Lincoln Financial Group makes a serious investment in our employees futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.

General Purpose of Job

This position will consult, analyze, and deliver on more complex assignments/projects within the Underwriting function. S/he will also act as a resource to internal/external stakeholders. This role will independently assess more complex and higher value financial risks related to insurance products, determine price at which LFG will accept risks, alter coverage plans/levels based on risk and pricing, and bind LFG in transactions for insurance products. S/he will determine whether to accept or reject a risk based upon his/her analysis of the customers information.

Duties and Responsibilities

Maintains knowledge on current and emerging developments/trends for assigned area(s) of responsibility, assesses the impact, and collaborates with management to incorporate new trends and developments in current and future solutions.
Champions and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives within assigned area(s) of responsibility.
Serves as a resource to team members and applicable internal/external stakeholders on more complex assignments/projects for his/her assigned area(s) of responsibility.
Identifies and recommends process improvements that significantly reduce workloads or improve quality for his/her assigned area(s) of responsibility.
Consults/Analyze on more complex assignments and/or projects for his/her assigned area(s) of responsibility.
Reviews more complex new business and renewal requests for proposals/ coverage(s) for all product lines in the National segment with 5000+ lives.
Recommends potential modifications in more complex coverage(s) and/or coverage levels on insurance products based on customer's price range.
Adds more complex amendments/ACRs for his/her assigned lines of coverage and segment(s).
Analyzes more complex customer data & information to independently determine the price, within a wider range of authority, at which to accept the risks posed by sales.
Negotiates more complex benefits & pricing on non-experienced rated & experienced rated cases with brokers & representatives.
Analyzes financial health, performance, operations, and personnel levels of customers to determine if additional safeguards or conditions should be included in pricing and risk assessment.
Independently determines if requests for coverage should be rejected based on his/her risk assessment.
Binds LFG in financial transactions within his/her scope of authority by committing LFG to provide insurance coverage at his/her determined rates.
Independently prepares and determines coverage & pricing proposals, renewals, amendments through analysis of customer data & information received from quote requests from brokers & marketing representatives.
Liaises with operational teams to ensure accurate preparation of plans with appropriate coverage level(s) & pricing.
Meets with brokers and sales teams to develop relationships, discuss target markets and potential pricing approaches to expand market share.
Provides mentoring and guidance to lower level underwriters; serves as a resource on 1 or more lines of coverage and/or customer segment.
May contribute to materials and/or conduct training on underwriting guidelines & procedures.
Adheres to departmental and compliance documentation & reporting requirements.
Assists with other assignments/projects as needed during peak and off-season.

Education

* 4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) - Minimum Required

Experience

* 5 - 7+ Years of group life and/or disability underwriting experience directly aligned to the specific responsibilities for this role. (Required)

This position may be subject to Lincolns Political Contribution Policy. An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincolns current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.

Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.

Lincoln Financial Group (LFG) is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information. Applicants are evaluated on the basis of job qualifications. If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.

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Nearest Major Market: Dover
Job Segment: Underwriter, Marketing Consultant, Change Management, Insurance, Marketing, Management