Sr. Life Underwriter

Job Description Summary
As a Senior Life Insurance Underwriter, you will play a critical role in facilitating the sale of life insurance by applying sound, cost-effective underwriting principles. You will assess risk and determine appropriate premium classifications based on a comprehensive evaluation of applicants’ health, financial background, occupation, travel, and lifestyle.

Job Description
Position Summary
As a  Senior Life Insurance Underwriter , you will play a critical role in facilitating the sale of life insurance by applying sound, cost-effective underwriting principles. You will assess risk and determine appropriate premium classifications based on a comprehensive evaluation of applicants’ health, financial background, occupation, travel, and lifestyle.

Key Responsibilities

- Risk Assessment & Decision-Making
- Evaluate new business, reinstatements, and coverage change requests.

- Determine underwriting requirements and order necessary medical exams or assessments.

- Analyze applicant data from various sources including MIB, medical records, financial documents, and motor vehicle reports.

- Stakeholder Communication
- Collaborate with financial advisors, Insurance Planning Specialists, and Internal Sales Consultants.

- Clearly communicate underwriting decisions and provide guidance on potential reconsiderations.

- Process Management
- Balance workload, advisor expectations and the underwriting team for effective underwriting.

- Document and update underwriting systems with accurate and timely information.

- Refer cases to reinsurance or consult with the carrier’s Chief Underwriter or Medical Director as needed.

- Compliance & Documentation
- Ensure underwriting decisions align with internal policies, industry standards, and regulatory requirements.

- Draft correspondence including approval/decline letters, advisory memos, and confidential medical communications.

- Continuous Improvement
- Participate in the development and refinement of underwriting policies, procedures, and systems.

- Stay current on industry trends, legislation, and best practices.

Qualifications

- Experience & Education
- Minimum 5 years of life insurance underwriting experience.

- AALU designation required; actively pursuing FALU and/or FLMI preferred.

- Technical Expertise
- Strong knowledge of medical and financial underwriting principles.

- Proficient in interpreting underwriting manuals, legislation, and insurance product provisions.

- Skills & Competencies
- Exceptional analytical and risk assessment skills.

- Strong written and verbal communication abilities.

- Proven leadership and mentoring capabilities.

- Ability to manage complex cases and make sound, independent decisions.

Why Join Us?

- Work with a collaborative and experienced underwriting team.

- Opportunity to influence underwriting strategy and policy.

- Competitive compensation and benefits package.

- Support for continued professional development and certification

Education
Bachelor’s - Completed: Business Administration, Bachelor’s - Completed: Finance, Bachelor’s - Completed: Marketing

Work Experience
General Experience - 13 months to 3 years

Certifications
Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Travel
Less than 25%

Workstyle
Remote

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.  Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect our associates at all levels to:
•  Grow professionally and inspire others to do the same
•  Work with and through others to achieve desired outcomes
•  Make prompt, pragmatic choices and act with the client in mind
•  Take ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.  When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
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