[Remote] *Remote-US* Life Underwriting Consultant, Facultative Reinsurance Job Details | Munich Re Careers

Note: The job is a remote job and is open to candidates in USA. American Modern Insurance Group is part of Munich Re, a leading reinsurance company. They are seeking a Life Underwriting Consultant to evaluate facultative reinsurance applications for life insurance, ensuring quality risk assessments and timely decisions for client companies.ResponsibilitiesUsing independent judgment with the manual as a guide only, medically, nonmedically and financially evaluate facultative reinsurance applications for life insurance with competitive and quality decisions using the manual as a guidelineRecognize pertinent risk factors and understand insurable risk and financial justification to make strong decisions; ensure appropriate documentation to support these decisionsKeep up with mortality trends and industry underwriting practices of both clients and competitors. Maintain current understanding of client’s personnel and their business practicesProvide value added services to clients including providing prompt responses to telephone inquiries, emailed questionsProvide prompt handling of facultative new business and additional requirementsProvide reasons for underwriting decision and explanation to client underwriter. Have the ability to defend and sell your decision so the client underwriter is confident when presenting the decision to the financial representativeRepresent and promote Munich Re with phone contact, at industry meeting business travel to client’s offices and participating on external reviews/auditsCo-sign cases for team membersSkillsBachelor's Degree with 8-10 years of life and/or disability underwriting experience including direct life insurer preferably in the brokerage distribution marketStrong knowledge of medical terminology, anatomy and physiologyImpaired/substandard risk experienceStrong medical, nonmedical and financial risk assessment abilitiesAptitude for approving greater mortality risk assumptions and cosign work of othersAbility to understand insurance contracts as well as legal process and various products offered in the US life marketDemonstrated client or agent face to face skillsParticipation on team projects requiredReinsurance underwriting experience preferred with industry related designation achieved (ALMI, FLMI, AALU, FALU, CLU), or shows commitment to continuing professional educationAbility to read electrocardiograms preferredPresentations or published article experienceBenefitsComprehensive Medical PlansPTO and Family LeaveRetirement Savings PlansDental and Vision PlansLife and Disability insuranceEmployee Assistance ProgramAdoption AssistanceWellness Programs - Calm, WW, SoFI, Virgin PulseCommuter BenefitsFSA and HSA PlansHospital Indemnity, Critical Illness and Accident PlansCompany OverviewAmerican Modern companies provide insurance solutions for customers. It was founded in 1994, and is headquartered in Amelia, Ohio, USA, with a workforce of 1001-5000 employees. Its website is https://www.amig.com/.