Underwriting Consultant

Job Location: Irvine California, Aurora Illinois, Dallas Texas, Southfield Michigan, or open to remote in other US locations

Role Value Proposition: 

National Accounts is responsible for strategy, sales, underwriting, account management and overall profitability for customers, including the Federal Government, with 5,000 or more eligible employees.  The Underwriting Consultant will provide group underwriting services for new business and renewals of dental, disability, life, vision, and voluntary products for this market segment.  This person will need to be able to evaluate risk characteristics inherent in group insurance plans for prospects (new business) as well as renewals (existing business).   They will conduct a detailed analysis to establish profitable and competitive rates and plan characteristics given the unique circumstances and needs of each group customer.   

Key Responsibilities:

• Participates in strategy meetings and reviews previously released quotes for understanding trends and results
• Analyzes risk by running manual calculations and preparing experience rated quotes; works with Sales and Service team to ensure the final product will meet the needs of the group prospect or customer.
• Underwrites new business and renewals by analyzing plan design, premium and claim experience information, and the group’s demographics to appropriately underwrite the risk.
• Prices and offers plan alternatives, and responds to inquiries from the Sales team, broker, customer, and other partners.
• Works collaboratively with internal and external partners to make sound decisions that will continue to build MetLife’s book of group insurance business.
• Expected to work on prospects and customers with 5,000 to 10,000 eligible employees.

Essential Business Experience and Technical Skills: 

Required:

• 2+ years’ work experience in group insurance underwriting.
• Excellent communication skills (verbal, written, listening).
• Excellent analytical skills and problem-solving capabilities.
• Ability to work under pressure and meet tight deadlines.
• Ability to adapt to change.
• Strong customer service skills.
• High level of organizational skill and the ability to prioritize and multi-task.
• Team player: works well with other underwriters and business partners.
• Proficiency with Microsoft products, particularly Excel.

Preferred:

• 4+ years of work experience in group insurance underwriting
• Experience with life and disability group underwriting
• Bachelor’s Degree in mathematics, actuarial sciences, risk management, business administration, finance/accounting, economics, or a related field.

• Working knowledge of underwriting policies and procedures, underwriting guidelines and philosophies  

Business Category

National Accounts, US Business

Number of Openings

1

At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.

MetLife:

MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine’s 2021 list of the “World’s Most Admired Companies.”      

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.

The wage range for applicants for this position is 73,500 to 112,600. This role is also eligible for annual short-term incentive compensation. MetLife offers a comprehensive benefits program, including healthcare benefits, life insurance, retirement benefits, parental leave, legal plan services and paid time off. All incentives and benefits are subject to the applicable plan terms.

We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife.  For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

MetLife maintains a drug-free workplace.