Corporate Vice President, Accident and Health Senior Underwriter
Location Designation: Fully Remote
Group Benefit Solutions delivers comprehensive insurance and absence management solutions for mid-sized and large companies. Our work fosters a healthier, happier, and more secure workforce, contributing to New York Life’s legacy of being there when we’re needed most. Here, you'll design, implement, and support these solutions directly impacting employees’ lives. At our core, we provide financial security and peace of mind to people through our absence, accident, disability, voluntary benefits, and life insurance solutions. Click here to learn more about Group Benefits solutions.
Role Overview:
New York Life's Group Membership Association Division (GMAD) seeks an experienced underwriter to join the Accident and Health team. This position will be primarily accountable for underwriting new and renewal Business Travel Accident (BTA) policies as well as new and renewal Special Risk policies. The position requires extensive knowledge of BTA and Special Risk coverages, benefits, pricing and issuance. This individual will also interact directly with national, regional and specialty Accident and Health brokers along with national and regional salespeople and account managers.
What You’ll Do:
• Underwriting: Rate and quote new and existing Business Travel Accident and Special Risk accounts.
• External Relationships: Maintain and further develop external relationships with brokers and key clients.
• Internal Relationships: Work with Account Managers, Salespeople and Senior Management to bring on new Brokers and Managing General Underwriters.
• Client Meetings: Attend broker and client meetings with Account Managers, Salespeople, and Senior Management.
• Cross-Functional Collaboration: Collaborate with internal teams, including sales, marketing, contracts, actuary and product development, to ensure client’s and broker’s needs are met.
• Problem Resolution: Address and resolve any client or broker issues or concerns promptly and effectively.
• MGU Oversight: Provide daily oversight of our MGU partners and at least once a year audit their underwriting.
• Conferences: Attend industry conference to enhance our brand in the marketspace.
What You’ll Bring:
• 5+ years BTA underwriting experience
• Bachelor’s degree (preferably business or math related) and/or equivalent experience
• Knowledge of Special Risk
• Recent relationships with BTA and Special Risk brokers
• Mastery of manual and experience rating
• Proven ability to work independently.
• Strong analytical & mathematical skills
• Excellent verbal & written communication skills
• Strong knowledge of Blanket Insurance products.
• Strong mastery of Excel
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Pay Transparency
Salary range: $129,500 - $185,000
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications, and job location. In addition to base salary, employees may also be eligible to participate in an incentive program.
Our Benefits
We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
Job Requisition ID: 93082
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