Senior Associate, Medical Underwriting

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: 

Reporting to the Team Manager, the Medical Underwriter (Associate) is responsible for evaluating life insurance applications and determining whether applications should be approved, declined, or if additional information is required. This position follows established underwriting guidelines and protocols, with support and oversight from senior underwriters and medical directors. The role requires attention to detail, adherence to standard procedures, and the ability to manage high-volume workloads effectively.

What You'll Do:

• Underwrites standard Life and Disability Income applications using established underwriting tools and protocols.
• Reviews and evaluates applications and supporting documents for completeness and consistency.
• Escalates complex or ambiguous cases to senior underwriters or medical directors.
• Determines if additional documentation is required and requests additional information as needed.
• Enters case details and decisions into the underwriting tracking system.
• Communicates with internal stakeholders and Third Party Administrators regarding underwriting procedures.
• Prioritizes tasks and manages time to meet established production and service standards.

What You'll Bring:

• Bachelor's degree preferred.
• 2-4 years of Medical Underwriting experience preferred.
• Working knowledge of Life Insurance underwriting principles.
• Strong attention to detail and organizational skills.
• Ability to work independently while adhering to established guidelines.
• Effective written and verbal communication skills.
• Experience with data entry systems in a paperless workflow environment.
Authority Limits
• Life: Up to $3M (subject to review)
• Disability Income: Up to $20K (subject to review)
Additional Information
• This position is remote and may involve occasional collaboration via virtual meetings.

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Pay Transparency

Salary range: $100,000 - $125,000 

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: 93028 

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