Hannover Re

Sr Underwriter

Hannover Re$95K — $129K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree or equivalent experience in underwriting.
  • Minimum of 8 years of underwriting experience.
  • Expertise in medical and financial underwriting.
  • Thorough understanding of life insurance industry practices and product knowledge.
  • Basic computer skills in MS Office.

Responsibilities

  • Classify mortality risk using company guidelines effectively.
  • Ensure timely service to meet SLAs and enhance placement rates.
  • Utilize company resources efficiently for optimal underwriting judgement.
  • Adhere to regulatory requirements to ensure compliance.
  • Build and maintain professional relationships with clients and colleagues.
  • Provide signing authority for cases up to $5 million.
  • Respond to client inquiries with technical support and expert opinions.

Benefits

  • Comprehensive medical, dental, and vision coverage.
  • Generous Paid Time Off (PTO).
  • Company-provided life insurance and disability benefits.
  • 401(k) plan with profit sharing.
  • Additional ancillary benefits available.
Full Job Description
Sr Underwriter position. This is a Full-Time role within the Ladder Life department. Please see below for more information regarding the essential functions of this position, required qualifications, and how to apply.

You can look forward to

Job Summary:

Effectively and efficiently classifies mortality risk in a sound, objective and consistent manner by applying company guidelines and philosophies.

Essential Functions:

(90%)
  • Provides timely service on cases to ensure Service Level Agreements(SLAs) and increased placement rates are met.
  • Provides sound underwriting judgement on all cases to ensure mortality objectives are met.
  • Effectively and appropriately utilizes company resources (i.e. hr | Ascent,peers, management, medical, actuarial and audit).
  • Adheres to regulatory requirements to ensure Hannover Re remains incompliance.
  • Develops and maintains professional relationships with internal and external customers to ensure Hannover Re is recognized as a leader in underwriting.
  • Provides signing authority up to $5 million


(10%)
  • Responds to client inquiries and provides technical support and opinions to ensure client satisfaction.


Competencies:
  • Manages complexity
  • Decision quality
  • Action oriented
  • Resourcefulness
  • Demonstrates self-awareness


You come equipped with

Essential Knowledge, Skills, and Abilities:
  • Undergraduate degree or related experience
  • Minimum of 8 years of experience in underwriting
  • Knowledge of medical and financial underwriting, product knowledge, and understanding of life insurance industry practices


Desired Knowledge, Skills, and Abilities:
  • Basic computer skills in MS Office (Excel, Word, Access, etc.)
  • Industry coursework/designations (FALU, FLMI, CLU, etc.)
  • Involvement with local, regional and/or national underwriting organizations


Travel:
  • Overnight travel required up to 10% of the time throughout the continental USA


Compensation (Inclusive of Base + Bonus):
  • $95,900 - $129,700

Benefits Include:
- Comprehensive medical, dental, and vision
- Paid Time Off (PTO)
- Company provided life insurance and disability benefits
- 401(k) and profit sharing
- Additional ancillary benefits available

We will accept applications until a candidate has been identified and selected to fill this position.

About Hannover Re

Hannover Re is a reinsurance company based in Hannover, Germany. It was founded in 1966 and is one of the largest reinsurance companies in the world. The company provides a range of reinsurance products and services to clients in more than 150 countries. Hannover Re operates through two business segments: Property & Casualty and Life & Health. The company's Property & Casualty segment offers reinsurance products for various lines of business, including aviation, marine, and energy. Its Life & Health segment provides reinsurance products for life and health insurance companies. Hannover Re is listed on the Frankfurt Stock Exchange and is a component of the MDAX index.
Learn more about Hannover Re
Size
32,000 employees
Industry

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