Symetra has an exciting new opportunity to join our team as a Director of Underwriting for Supplemental Health Benefits!
About the role
In this role, you will have oversight and direct profit / loss accountability for a block of business exceeding $50M and sales goals of $30M.
You will manage a team of supplemental health underwriters and work closely with other members of the benefits leadership team to deliver results.
What you will do
- Directly accountable for Supplemental Health and some Life and Disability Department / Product profit targets.
- Review and evaluate data for Risk Decisions, Persistency Targets, Billed to Target Ratio, and Renewal Rate Increase Targets at the Regional Underwriter and case level.
- Collaborate with the Actuarial Department regarding Pricing Changes, setting New Business and Renewal Rate Increase Targets - both ceilings and floors.
- Management of Underwriting staff : hire, develop, mentor, define performance expectations and provide real time performance feedback, and develop goals with and for the team.
- Assist underwriters with their decisions on complex and / or high premium cases.
- Review competitive data and appeals from Sales and develop appropriate responses.
- Foster creative decision-making to balance sound underwriting principles with desired premium growth.
- Address any individual performance or developmental issues.
- Mentor and provide underwriting oversight to individual contributors, Regional Underwriting Managers and their staffs.
- Provide second signoff up to published authority limits and for exceptions to underwriting guidelines.
- Understand business drivers and think strategically.
- Effectively communicate and implement company goals and philosophy.
- Foster positive relationships between underwriting and field staff.
- Consult on interdepartmental issues.
- Improve cost management by leading all aspects of efficiency while encouraging innovation.
- Participate on broker, producer, and client calls and / or face-to-face meetings.
- Work with sales, actuarial, claims and other internal departments to foster collaborative and transparent information sharing and relationships.
Why Work at Symetra
Here's what some of our employees have to say about why they work at Symetra :
Symetra is a great place if you are looking for the opportunity to contribute, to grow, to be seen and valued." Vernell K. - Auditor
We're big enough to make an impact on the country, but small enough to care and know who you are and what you're contributing to the organization.
All new ideas are welcome!" Stephanie F. - VP Customer Service & Operations
What we offer you
Benefits and Perks
We don't take a "one-size-fits-all" approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.
- Flexible full-time or hybrid telecommuting arrangements
- Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
- Paid time away including vacation and sick time, flex days and ten paid holidays
- Give back to your community and double your impact through our company matching
- Want more details? Check out our Symetra Benefits Overview
Compensation
Salary Range : $110,300 - $183,800 plus eligibility for annual bonus program
Who You Are
- A minimum of a four (4) year degree or equivalent business experience with a high school diploma required.
- 8-10 years underwriting experience minimum with experience in Life, Disability, and Supplemental Health.
- Previous management or supervisory experience required.
- Proficiency in underwriting principles and practices.
- Driven to meet deadlines while maintaining a high standard of service.
- Capable of balancing and prioritizing multiple tasks in a demanding work environment.
- Proven ability to communicate clearly and concisely.
- Strong collaboration and negotiation skills.
- Validated relationship skills with ability to maintain and foster positive relationships at all levels of the organization.
- Some minimal travel required.
Travel :
Required Training & Professional Development
All newly hired people leaders with direct reports are required to complete a comprehensive leadership development program within their first year.
This program includes both virtual and in-person training. The in-person sessions will take place at Symetra's corporate headquarters in Bellevue, Washington.
Symetra covers all travel and accommodation expenses.
Reasonable Accommodations
Symetra is committed to providing equitable access to all job-related responsibilities, including required travel. If reasonable accommodations are needed for travel, Symetra's HR department will work to provide appropriate solutions in alignment with individual needs and company policies.
We empower inclusion
At Symetra, we aspire to be the most inclusive insurance company in the country. We're building a place where every employee feels valued, respected, and has opportunities to contribute.
Inclusion is about recognizing our assumptions, considering multiple perspective, and removing barriers. We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company.
We invite you to learn more about our efforts here .
Creating a world where more people have access to financial freedom
Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future.
In our daily work, we're guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they're buying, and we design products-and operate our company-to stand the test of time.
We're committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI).
Join our team and help us create a world where more people have access to financial freedom.
For more information about our careers visit : https : / / symetra.eightfold.ai / careers
Work Authorization
Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.
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