The Team
The Disability Insurance (DI) Underwriting Risk Management Underwriting Consultant will support the Office of the Head DI Underwriter (OOHU) within the Disability Underwriting Governance Team by demonstrating accountability, agility, a dedication to being inclusive, a strong business acumen, and will show courage, even in the most difficult situations. We also value strong communication skills, a passion for learning, leadership traits, resilience, and self-awareness. The successful candidate will be able to :
- Demonstrate a strong understanding of our underwriting policies, guidelines, practices and procedures and a willingness to champion changes to improve processes while maintaining morbidity expectations.
- Have a strong working knowledge of the regulatory environment, compliance, claims reviews, product development and the maintenance of MassMutual's non-medical underwriting manual.
- Provide technical expertise for the department in all areas of medical and non-medical underwriting. This could be on individual cases or in monitoring trends at MassMutual and in the industry.
- Develop recommendations for new and competitive underwriting guidelines with research, documentation, marketing, and presentations.
- Think critically and problem solve using data to drive toward resolution.
The Impact
Responsibility for making sure that we are compliant with all MassMutual as well as any state or Federal legal obligations in the underwriting area.Review contestable claims.Track for possible trends and to validate that our current underwriting practices are sound, and measures are in place.Provide recommendations based on the trending output to the Head DI Underwriter, e.g., potential guideline changes or targeted training.Point of contact for any other claims concerns or issues that may require underwriting expertise.Participate in new product development and will need to communicate all new product initiatives / changes to the department.Make recommendations on new underwriting guidelines that apply.Provide support with other work items as assigned by Head DI Underwriter, e.g., guideline reviews, project support, training and overall risk oversight and governance, working closely with Head Underwriter.Be forward thinking by looking for synergies across product lines (Life, DI and LTC) for commonality in developing guidelines and underwriting requirements with the objective of growing our concur business.Interpret large sets of data and effectively communicate data trends.Consults with stakeholders on core issues and watch list items openly share knowledge, information, and feedback, collaborating to identify solutions and supporting team success.Lean into new challenges as they arise. Be comfortable with ambiguity.Handles projects with a sense of urgency based on business prioritizationDistill information into concise summaries and tools for diverse internal audiencesMinimum Qualifications
A high school diploma / GED8+ years of relevant work experience in DI Insurance UnderwritingMust have an established approval limit without second signature - $20,000 per month of DI, $50,000 Business Overhead and $3,000,000 of Buy-Sell3+ years experience with Microsoft Office Suite and data visualization tools (e.g., Tableau)Preferred Qualifications
Bachelor's DegreeIndustry exams completed, e.g., ALU 101, 201, 202, LOMA, ALMI, FMLI, ALU, FALU, DIA, DIF, RHUMastery knowledge of individual DI insurance practices, underwriting standards, and operationsConfident communicator with strong written and verbal communication skillsBe able to think strategically and influence othersAbility to partner with key constituents to support strategic and tactical developmentA demonstrated track record of consistently meeting and / or exceeding performance expectationsIntrapreneur mindset – you drive your business forward with latitude for independent decision makingWhat to Expect as Part of MassMutual and the Team
Regular meetings with the MassMutual DI Risk Management and Governance TeamFocused one-on-one meetings with your managerNetworking opportunities including access to Asian, Hispanic / Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource GroupsAccess to learning content on Degreed and other informational platformsMassMutual is an equal employment opportunity employer. We welcome all persons to apply.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
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