Senior Associate Underwriter


Date: Jun 4, 2022

Location: Remote, NY, US

Company: New York Life Insurance Co



When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.



Position Summary


Reporting to a Managing Underwriter, the Senior Associate Underwriter is responsible for evaluating life insurance applications and determining whether applications should be approved, declined or if additional information is required.  Senior Associate Underwriters review cases with a 2-Year Total Amount at Risk of $5,00,000 including those with an Attending Physician Statement as part of the application and are authorized to issue or decline all such cases.

Senior Associate Underwriters predominantly rely on Underwriting Guidelines to evaluate an applicants risk classification; however, due to the complexity associated with multiple conditions or atypical lab results, Senior Associate Underwriters are frequently required to make assessments of applicant risk absent specific direction from the Underwriting Guidelines.  Whether synthesizing the mortality risk of medical labs and family history or discounting the mortality risks of highly correlated factors such as motor vehicle reports and avocations, Underwriting Associates are expected to evaluate an applicant's overall risk profile, not simply summing the total from individual risk factors.  Medical Directors and Managing Underwriters are available for consult as necessary; but Senior Associate Underwriters are expected to make a decision recommendation, not open-ended requests for insight. 

As the majority of applications reviewed by this role include Attending Physician Statements, a Senior Associate Underwriter must have a working knowledge of medical terminology and awareness of how various medical impairments interact and effect individual mortality risk.  Senior Associate Underwriters also work closely with Brokerage General Agents, Brokers, NYL Field Directors, NYL Sales Support and New Business personnel .  Consequently, Senior Associate Underwriters must have strong communication skills.


Major Responsibilities

• Accurately classify the mortality risk for proposed insureds on cases with 2-Year TAAR of $5,000,000 without an Attending Physician Statement
• Maintain a strong working knowledge of our administrative systems, product rules,  Underwriting Guidelines and medical factors impacting mortality
• Communicate by phone directly with agents and general office personnel as well as provide written updates on application status
• Assist the Quality Control unit with audits
• Mentor underwriters on proper documentation of case files, providing instruction to underwriters on how to write thorough but concise medical or financial referrals, as well clear and concise written communication to internal and external customers
• Participate on projects



Bachelor's degree

5-10 years experience

Requires advanced level of expertise in own discipline and knowledge of related disciplines

• Ability to interpret busines challenges, identify trends and recommend best practices

• Ability to collaborate with others to solve complex problems, using sophisticated analytical thought and education and/or equivalent experience to exercise judgement and identify innovative solutions

Ability to make decisions that have cross-functional impact

Communicates difficult concepts; influences others to adopt a different point of view


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. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of

Job Requisition ID: 85486




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