Sr Underwriter
Citizens - austin, TX
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Job Description Committed to providing life insurance solutions since 1969 in the United States and globally since 1975, Citizens, Inc. is a publicly traded company (NYSE: CIA) that has maintained a listing on the New York Stock Exchange since 2002. Operating through our insurance subsidiaries, we strategically offer traditional insurance products in niche markets to capitalize on competitive advantages. With a dedicated team of employees located in Austin, Louisiana and a global network of agents, our reach extends to Latin America, Central America, and Asia. THE OPPORTUNITY Title: Senior Underwriter Job Type : Full-time Exempt Reports to : VP/Head of Underwriting Location : Austin, TX (Corporate Headquarters located in the Domain) At Citizens, Inc., we've curated an exceptional work environment that goes beyond the ordinary. Our open-plan workspace offers panoramic views of the Domain with multiple conference rooms readily available. Start your day with complimentary coffee in our large break area, enjoy walks on the scenic trails nearby, or hit our onsite gym. Our Lunch Drop service provides the luxury of delivering delicious meals directly to our suite for a stress-free lunch break. For financial needs, the onsite bank is at your service. Furthermore, enjoy the convenience of free covered parking in our garage, featuring charging stations for electric vehicles. Participate in our various monthly employee events designed to enhance our cultural engagement. At Citizens Inc., we prioritize strong employee involvement to foster a dynamic workplace culture. Elevate your career with us, where your workplace is more than just an office; it's a destination for growth, innovation, and a flourishing community. Summary: Citizens is looking for a Senior Underwriter with the ability to access situations quickly, apply established underwriting guidelines and protocols, and work well with others. This requires a detail-oriented mind set, critical thinker who is willing to take initiative and work consultatively with others. This person will work effectively and efficiently to meet expected work turnaround times. We look for our underwriters to be analytical and effectively communicate their findings and decisions. This person will also work with the VP/Head of Underwriting in application creation/revision, product development, Roadmap Execution, daily Random Hold Out Audits/Reviews, Reinsurance Administration, Underwriting Guideline creation/revision, identification of process improvement and technological opportunities, build rapport and establish goodwill with agents and independent consultants. We expect our underwriters to be forward-thinking and look for ways to improve our Applications and Underwriting Guidelines. We look for our Senior Underwriter to provide opportunities of mentorship and leadership to junior underwriters and New Business Specialists. Must be able to complete average case load daily. WHAT YOU WILL GET TO DO Analytical and Decision-Making: Analyze information on insurance applications Determine the risk of insuring the client Screen applications based on set criteria Evaluate recommendations from underwriting manuals Recommend whether to offer insurance Determine appropriate premiums and amounts of coverage Strategic Skills: Strategic thinking and decision-making skills Communication and Information Gathering: Contact Agents, Independent Consultants, and others to obtain further information Professional Development: Participation in educational seminars, webinars, and local underwriting meetings Attendance and Reliability: Maintains an excellent attendance record Approval Limits: Approval limit will vary with experience level. Face amount not to exceed $1,000,000. WHAT YOU NEED TO SUCCEED Bachelor's degree preferred. However, insurance related work experience and strong computer skills may be acceptable Courses in business, finance, economics, and mathematics are particularly helpful Certifications: Fellow of Life Management Institute, Fellow of the Academy of Life Underwriting working towards Chartered Life Underwriter title, LUTCF designations, or other industry related designations. Expected to get certification through coursework. Certification and Continuing Education is required. Must have FLMI and FALU designations. Working towards CLU or LUTCF designations Successful completion of basic EKG training Proven experience with Final Expense Underwriting Preferably bilingual: English, Spanish. Ability to establish rapport and build relationships in a professional manner. Ability to clearly and effectively communicate and escalate issues to management. Excellent analytical, organizational, and interpersonal skills Ability to work well in a team-based environment Strong math and/or financial skills Ability to achieve a balance between risky and cautious decisions Ability to work in multiple systems and applications Ability to develop and maintain positive working relationships with internal/external stakeholders. Ability to operate in a fast-paced environment shaped by constant change and innovation. Must be fully proficient with SharePoint and Microsoft Office products, including Word, Excel, and PowerPoint. BENEFITS (the fun stuff) As an employee of Citizens, we promise you the opportunity to make a meaningful difference in the lives of our customers, communities, and one another. We believe in fostering a culture of camaraderie, where your ideas are valued, and collaborative efforts drive innovation. Our commitment to rewarding work extends beyond professional growth to recognize your individual contributions and achievements. We take a complete approach to our employees' well-being. Our benefits package includes medical, dental, vision, short-term and long-term disability, AD&D, group term life insurance, and a matching 401k to secure your financial future. Our benefits plan allows for Virtual Visits and access to our Employee Assistance Program, showcasing our commitment to your health and work-life balance. Enjoy the added perks of generous Paid Time Off and holidays, ensuring you have the time to recharge and savor life outside of work. Join us and embrace a workplace that values not only your professional growth but also your personal fulfillment. At Citizens, our employees and customers are at the heart of everything we do. Our success as a company begins with our team of employees and departments to service our customers. That's why we strive to create an environment where employees are equipped and challenged to reach their full potential. Citizens is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, gender identity, national origin, age, disability, or veteran status. We are committed to fostering a diverse and inclusive workplace where every individual is valued, and all qualified applicants are encouraged to apply.
Created: 2024-10-01