Transamerica

Sr Life Underwriter

Transamerica$79K — $95K *
US-AnywhereRemote in United States
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree or equivalent education/experience.
  • Minimum of 4 years of life or health underwriting experience.
  • Skills in AWD or similar systems, MS Office, and risk assessment.
  • Proven decision-making and problem-solving abilities.
  • Excellent communication skills for diverse audiences.

Responsibilities

  • Demonstrate competency in underwriting tasks and expectations.
  • Influence the team and collaborate with peer Underwriters.
  • Proactively engage in daily tasks with minimal direction.
  • Maintain organization and know whom to consult for questions.
  • Challenge established practices professionally and constructively.
  • Seek process improvements and lead departmental projects.

Benefits

  • Pension Plan
  • 401k Match
  • Employee Stock Purchase Plan
  • Tuition Reimbursement
  • Disability Insurance
  • Medical, Dental, and Vision Insurance
  • Employee Discounts
  • Career Training & Development Opportunities
  • 160 hours of Paid Time Off annually
  • 10 paid holidays each year
  • Holistic wellness program including coaching and rewards
  • 15 days of paid parental leave per year for eligible employees
  • Adoption Assistance
  • Employee Assistance Program
  • PTO for Volunteer Hours
  • Employee Matching Gifts Program
  • Inclusion and Diversity Programs
  • Employee Recognition Program
  • Referral Bonus Programs
Full Job Description

Job Family

Underwriting

Job Description Summary

Transamerica has been helping people feel better about the future for more than 100 years, and we’re proud of the trust we’ve earned. We want to help people live better today and worry less about tomorrow.

At Transamerica, we are a purpose driven team helping people live their best life. We are dedicated to inspiring people to improve not only their financial and personal well-being but the world around them. We empower our employees to also live their best life by promoting a sustainable work life balance in a highly collaborative team environment that promotes career growth and ongoing learning opportunities. We are excited about our current success and dedication to ongoing modernization which has brought state of the art digital tools to the underwriting process. If you are an ambitious team-oriented individual that can balance the interests of our people, our customers, our stakeholders, and the wider world then it is time for you to step up.

That is why we are seeking experienced individual life underwriters to join our growing team where you will have the ability to work with a strong team that encourages growth, supports your ambitions, and makes it a priority for you to reach your professional goals.

Responsible for ensuring the effective risk selection of cases reviewed. This position requires frequent interaction with Underwriting, New Business and distribution groups. Approval authority up to ($1,500,000 - $2,500,000) through all tables and all ages. Can evaluate up to $3,500,000.

Job Description

Responsibilities

  • Proven competency at all job tasks and expectations of Underwriter and Intermediate Underwriter.
  • Influential with immediate team and other peer groups of Underwriters.
  • Shows initiative in daily tasks, does not need direction to be productive. Initiative also in assisting team and Underwriting Department.
  • Good sense of organization, who to go to, to get questions answered. Understands own role within the team and how their actions impacts broader team and organizational success.
  • Shows willingness to question established practices and challenge others in a professional manner.
  • Continually looks for ways to improve upon processes. Willingness to volunteer to lead and execute department/functional project.


Qualifications

  • A bachelor’s degree or equivalent combination of education/experience.
  • A minimum of 4 years life or health underwriting experience.
  • Demonstrated skill in AWD or similar system, MS Office skills, risk assessment skills and strong platform skills.


Preferred Qualifications

  • Minimum of two LOMA classes, working toward FLMI designation.
  • Have completed the AALU Certification, while working towards FALU.
  • Ability to multi-task and prioritize.
  • Excellent verbal and written communication skills when working with different levels of both internal and external audiences.
  • Ability to meet high productivity demands for self and staff.
  • Strong decision making and problem solving skills.
  • Ability to work independently and possibly work in remote setting with virtual environment and team.


Working Conditions

  • Remote Environment

The Salary for this position generally ranges between$79,000-$95,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors includingqualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus of 12.5% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

  • We will never request personal information such as ID or payment for equipment upfront.
  • Official offers are sent via DocuSign following a verbal offer—not through text or email


This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits

  • Competitive Pay

  • Bonus for Eligible Employees

Benefits Package

  • Pension Plan

  • 401k Match

  • Employee Stock Purchase Plan

  • Tuition Reimbursement

  • Disability Insurance

  • Medical Insurance

  • Dental Insurance

  • Vision Insurance

  • Employee Discounts

  • Career Training & Development Opportunities

Health and Work/Life Balance Benefits

  • Paid Time Off starting at 160 hours annually for employees in their first year of service.

  • Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

  • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

  • Parental Leave 6een (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

  • Adoption Assistance

  • Employee Assistance Program

  • Back-Up Care Program

  • PTO for Volunteer Hours

  • Employee Matching Gifts Program

  • Employee Resource Groups

  • Inclusion and Diversity Programs

  • Employee Recognition Program

  • Referral Bonus Programs

About Transamerica

The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services. The company has major offices located in Baltimore, Maryland; Cedar Rapids, Iowa; Denver, Colorado; Norwood, Massachusetts; Exton, Pennsylvania; Harrison, New York; Johns Creek, Georgia; Plano, Texas; and St. Petersburg, Florida. Additional affiliated offices are located throughout the United States. In 1999, it became a subsidiary of Aegon, a European financial services company headquartered in The Hague, Netherlands. Transamerica funds the Transamerica Institute, a nonprofit foundation which comprises the Transamerica Center for Retirement Studies and the Transamerica Center for Health Studies.
Learn more about Transamerica
Industry
Founded
1904

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