Note: The job is a remote job and is open to candidates in USA. New York Life is a life insurance company providing financial protection and insurance solutions. The Senior Associate Underwriter evaluates life insurance applications, assesses mortality risk, and determines appropriate underwriting outcomes for cases with a 2-Year Total Amount at Risk of up to $2.5 million. The role also communicates decisions to agents and internal personnel and contributes to training, process improvements, and cross-functional projects.

Responsibilities

• Evaluate life insurance applications and accurately classify mortality risk using medical and nonmedical information for cases with a 2-Year TAAR of up to $2.5 million, including cases involving Attending Physician Statements
• Apply underwriting guidelines, medical knowledge, and professional judgment to assess complex risk factors and determine appropriate underwriting outcomes, including approvals, substandard ratings, or declines
• Communicate underwriting requirements, application updates, reinsurance offers, reconsideration requests, and final decisions to agents and General Office personnel through both written and verbal interactions
• Maintain a strong understanding of underwriting systems, product rules, medical terminology, and mortality factors to support accurate and efficient decision-making
• Participate in training initiatives, workflow enhancements, best practice discussions, and cross-functional projects that improve underwriting processes and customer experience

Skills

• Bachelor's degree preferred or equivalent combination of education and relevant experience
• 3+ years of life underwriting experience with demonstrated knowledge of underwriting principles and mortality assessment
• Working knowledge of medical terminology and the ability to evaluate the impact of medical impairments on mortality risk
• Strong analytical and problem-solving skills with the ability to assess complex risk profiles and make sound underwriting recommendations
• Strong verbal and written communication skills with the ability to interact effectively with agents, General Office personnel, and internal stakeholders
• Strong customer service orientation with the ability to manage relationships and provide timely, professional support
• Experience underwriting cases involving Attending Physician Statements and higher complexity medical impairments
• Familiarity with reinsurance processes, underwriting systems, and insurance product rules
• Experience participating in workflow improvement initiatives, training efforts, or cross-functional projects
• Ability to balance accuracy, risk assessment, and service expectations in a fast-paced environment
• Working knowledge of underwriting models, rules engines, and automated decision tools with he ability to interpret model outputs, apply appropriate judgement, and ensure decisions align with underwriting guidelines
• Familiarity with broader technology tools e.g. CoPilot, ChatGPT, and underwriting automation tools, that enhance efficiency, decision support, and workflow effectiveness

Benefits

• Annual discretionary bonus
• Employees may also be eligible to participate in an incentive program
• Hybrid - 1 day per quarter
• Leave programs
• Adoption assistance
• Student loan repayment programs

Company Overview