Northwestern Mutual

Life Underwriting Specialist

Northwestern Mutual • $66K — $100K *
US-Anywhere
+ 2 other locationsRemote
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree preferred or equivalent experience.
  • Analytical skills for independent decision-making and sound judgment.
  • Strong written and verbal communication skills for handling confidential information.
  • Proficient in computer skills and various software applications.
  • Ability to work accurately under tight deadlines in both team and independent settings.
  • Highly organized with agile multitasking capabilities.

Responsibilities

  • Build relationships with Financial Advisors and internal partners.
  • Guide Financial Representatives on case underwriting and risk assessment.
  • Analyze insurance applications to approve, classify, or decline with guidance.
  • Manage active cases and communicate decisions with field partners.
  • Use various information sources to support underwriting processes and decisions.

Benefits

  • Inclusive and fast-paced work environment.
  • Opportunities for continuous learning and development.
  • Emphasis on teamwork and collaboration.
  • Potential for involvement in product process improvements.
Full Job Description

Life Insurance Signature / Authority Limits
1M Signature / 2M Authority
Summary

Builds relationships with Financial Advisors and internal partners. Develops the skills necessary to successfully underwrite Life, Disability, and/or Long-term Care insurance policies in an inclusive and fast-paced environment ensuring all quality, service and production goals are met.


Primary Duties & Responsibilities

  • Field & Client Experience.
  • ​Responsible for credible and effectiverelations and communications with field and customers.
  • Provides guidance and assistance to the Northwestern MutualFinancial Network and Financial Representatives regardingcase underwriting and risk appraisal.
  • Responsible for prescreen inquiries, with guidance.


Underwriting

  • Responsible for the analysis and appraisal of a broad range of insuranceapplications; approves, classifies, or declines applications for various ages andpolicy amounts with guidance.
  • Demonstrates a basic understanding of application review and adherence to underwritingstandards, NM (Northwestern Mutual) product types and changes.
  • Develops and demonstrates change agility while maintaining mortality and morbidity expectations.
  • Demonstrates continuous learning through the early adoption of new ways of underwriting.
  • Develops a basic understanding of financial, medical,and lay underwriting assessmentsand reinsurance programs.
  • Underwrites applications, maintaining industry-leading mortality and morbiditygiving the best possible offer that can be made.
  • Provides active case andrequirement management and provides customized service with guidance.
  • Communicates & negotiates with FieldPartners to explain modified or declined decisions& assist in policy placement.
  • Actively utilizes the most effective means to obtainthe necessary information, including Internetsearches, digital health data, direct contact with the insured, andcommunication with third party advisors(Accountants, Attorneys,etc.), with guidance.
  • Responsible for adherence to procedures and regulatory processes.
  • Understands and meets all quality, service, andproduction goals.
  • Solve issues & escalations with guidance.
  • Discusses cases with peer reviewers, medical and technical staff,as needed.
  • Partners with Underwriting Support for case management.
  • May serve as underwriting representative for improvement inproduct process w/collaboration w/functional partners.


Qualifications

  • A bachelor's degree preferred or equivalent combination of education and experience.
  • Analytical skills with the ability to make independent decisions and apply sound judgment in the application of rules.
  • Excellent written and oral communication skills with the ability to handle confidential information, exercise tact, diplomacy, and resourcefulness.
  • Proficient in computer skills and using various software packages.
  • Ability to work accurately while maintaining speed and flexibility in a team and independent production environment.
  • Highly organized and the ability to establish priorities and meet deadlines.
  • Displays agility to manage multiple tasks and adapt in a changing work environment.

Candidates must successfully complete and pass any required testing.

Compensation Range:

Pay Range - Start:

Pay Range - End:

Geographic Specific Pay Structure:

Structure 110:

$66,960.00 USD - $100,440.00 USD

Structure 115:


$70,000.00 USD - $105,000.00 USD

We believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click to learn more.


About Northwestern Mutual

Northwestern Mutual has been helping people and businesses achieve financial security for more than 160 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what's most important. Northwestern Mutual delivers financial security to millions with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. The company manages billion of dollars of investments owned by its clients and held or managed through its wealth management and investment services businesses. Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (securities), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance).

Northwestern Mutual Careers

Joining Northwestern Mutual presents a unique opportunity to be part of a team that is dedicated to empowering personal and professional growth, innovation, and leadership in the financial services industry. As a company renowned for its commitment to excellence and a culture that values diversity and inclusion, Northwestern Mutual offers unparalleled job opportunities for both seasoned professionals and those at the start of their careers.

Work You’ll Do

At Northwestern Mutual, we believe in building strong relationships not only with our clients but also among our team members. By joining our team, you will collaborate with some of the most talented professionals in the industry, all united in their commitment to leadership and innovation. Our employees are equipped with top-tier benefits and diversity training that ensure their career journey is both rewarding and inclusive.

Explore Professional Growth and Development

Northwestern Mutual is committed to fostering an environment where career growth is not just a possibility but a priority. With a variety of positions available, from financial representatives to internships for budding professionals, our company is a place where your skills and passion can thrive. We provide extensive training programs and leadership development opportunities that prepare you for success in your current role and beyond.

Innovative Work Environment

Our team at Northwestern Mutual is at the forefront of integrating cutting-edge technology and innovative financial strategies to provide exceptional service to our clients. This focus on innovation is not just about staying current; it's about leading the way in the financial sector. Employees at all levels are encouraged to contribute ideas and take initiative, driving the company forward as a leader in the financial industry.

Be Part of Our Diverse and Inclusive Team

Diversity and inclusion are more than just buzzwords at Northwestern Mutual; they are integral to our company culture and business strategy. We are committed to creating a workplace where all employees can flourish. Our diversity training programs are designed to enhance understanding and foster an inclusive environment for all team members.

Networking and Career Advancement

Networking within Northwestern Mutual opens doors to expansive career advancement opportunities. We encourage our employees to engage in internal networking events, which often lead to mentorship and further career development. Whether you are looking to enhance your resume, prepare for an interview, or step into a leadership role, Northwestern Mutual provides the resources and support to help you achieve your professional goals.

Join Our Team

Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level. Explore the job opportunities and internships available at Northwestern Mutual and find out how you can contribute to our legacy of innovation and leadership.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Northwestern Mutual.

SEARCH NORTHWESTERN MUTUAL JOBS

Join us and start your journey at Northwestern Mutual today, where your career is nurtured, your skills are honed, and your achievements are celebrated.
Learn more about Northwestern Mutual
Size
7,000 employees
Industry
Finance & Insurance
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Northwestern Mutual

More Finance & Insurance Jobs

Find similar Life Underwriting Specialist jobs:

NationwideRemote