What you'll be doing
- Reviews complex new business and renewal requests for coverage(s) for all product lines in the National segment with 5000+ lives.
- Recommends potential modifications in complex coverage(s) and / or coverage levels on insurance products based on customer's price range.
- Adds complex amendments / ACRs for your assigned lines of coverage and segment(s).
- Analyzes complex customer data & information to independently determine the price, within a wider range of authority, at which to accept the risks posed by sales.
- Negotiates complex benefits & pricing on non-experienced rated & experienced rated cases with brokers & representatives.
- Analyzes financial health, performance, operations, and personnel levels of customers to determine if additional safeguards or conditions should be included in pricing and risk assessment.
- Independently determines if requests for coverage should be rejected based on your risk assessment.
- Binds LFG in financial transactions within your scope of authority by committing LFG to provide insurance coverage at the determined rates.
- Independently prepares and determines complex coverage & pricing proposals, renewals, amendments through analysis of customer data & information received from quote requests from brokers & marketing representatives.
- Provides direction to operational teams to ensure accurate preparation of plans with appropriate coverage level(s) & pricing.
- Meets with brokers and sales teams to develop relationships, discuss target markets and potential pricing approaches to expand market share.
- Provides mentoring and guidance on Core underwriting; acts as a subject matter expert in 2 or more lines of coverage and / or customer segment.
- Contributes to materials and / or conducts training on underwriting guidelines & procedures.
- Adheres to departmental and compliance documentation & reporting requirements.
- Participates in and / or leads other assignments and / or projects as needed during peak and off-season.
What we’re looking for
Must-Haves :
- 4 Year / Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's)
- 5-7+ Years of group life and / or disability underwriting experience
Application Deadline
Applications for this position will be accepted through 10 / 17 / 2024 subject to earlier closure due to applicant volume.
What’s it like to work here? At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives.
Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future. What’s in it for you :
Clearly defined career tracks and job levels, along with associated behaviors for each Lincoln leadership Attribute.
Leadership development and virtual training opportunities
PTO / parental leave
Free financial counseling, health coaching and employee assistance program
Tuition assistance program
A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations
Effective productivity / technology tools and training
The pay range for this position is $67,000 - $120,700 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law.
Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role.
The base pay is just one component of Lincoln’s total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual.
Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.