Job Information
Equitable Employee Benefits Regional Underwriting Director in Charlotte, North Carolina
Employee Benefits Regional Underwriting Director ( 240000DR )
Primary Location : UNITED STATES-NC-Charlotte
Other Locations : UNITED STATES-NY-Syracuse
Organization : Equitable
Schedule : Full-time
Description
At Equitable, our power is in our people.
We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?
Equitable is looking for an Underwriting Director to support the Employee Benefits team. This role will lead a regional pre-sale underwriting team of 8 to 12 members that provide case level underwriting and pricing for Group Life, AD&D, LTD, STD, Dental, Vision, and Supplemental Health products.
Key Job Responsibilities
Develops and maintains deep relationships with Distribution partners.
Establishes and maintains underwriter authority levels for each product.
Monitors pricing and profitability by product and market segment and initiate corrective action as needed.
Researches market best practices and benchmarks benefit offerings to measure and ensure competitiveness of employee benefits products and services.
Contributes to the development and/or refinement of group products and contracts to meet market needs and company objectives.
Provides proactive cross-functional guidance and support during the pre-sale process
Ensures compliance with state and federal insurance regulations.
Manages the team responsible for analyses of new business RFP process
Manages and develops staff members to working on appropriate cases of various sizes and complexity.
Guides underwriters with pricing and plan changes and responds to broker and customer inquiries.
Works with UW Policy and Procedures head to perform audits and facilitate training.
Provides guidance when setting UW SLAs and hold team accountable to performance goals
Provides consultative services to sales producers, brokers, and/or customers regarding group insurance plans.
Participates in project work and with other teams to develop or improve underwriting processes.
Serves as an IT liaison, and SME for the Company’s quoting and proposal system
Performs other duties as assigned or required.
The base salary range for this position is $105,000 - $156,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits : Equitable Total Rewards Program (https://portal.equitable.com/appentry/EDoxRedirect?node_id=A2023013000001)
Qualifications
Required Qualifications
Bachelor’s Degree or equivalent professional work experience
10 years of employee benefits or group benefits underwriting experience
2 years of experience in a people leadership
Preferred Qualifications
Fellow, Life Management Institute (FMLI) designation
Group Benefits Disability Specialist (GBDS)
Deep expertise related to Dental and/or Supplemental Health underwriting
In depth knowledge of Group life and disability insurance markets, risks, and related costs
In depth knowledge of alternate funding methodology, with the ability to create, present and articulate understandable illustrations and models that support and explain complex funding mechanisms
Ability to effectively manage across cross-functional teams
Excellent written and oral communication skills
Ability to work under pressure and meet tight deadlines
High level of adaptability and capability working in a fast-paced, dynamic environment
In depth technical knowledge to direct strategic financial matters at a corporate level
Familiarity with U.S. domestic non-medical employee benefits products
Exposure to Salesforce from a reporting perspective is a plus
Skills
Coaching Others: Knowledge of coaching and mentoring concepts and methods; ability to encourage, motivate, and guide individuals in learning and improving effectiveness.
Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.
Decision Making and Critical Thinking: Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
Group Insurance: Knowledge of group insurance products, business processes, market segments and the marketplace; ability to run applications effectively for the insurance organization's business.
Insurance Legal and Regulatory Environment: Knowledge of federal, state and local laws and regulations; ability to comply with these laws and regulations in insurance industry practices and activities.
Knowledge of Reinsurance: Knowledge of reinsurance activities, processes, tools, and considerations; ability to implement all reinsurance practices following all standards, applicable laws and regulations.
Knowledge of Underwriting: Knowledge of the full spectrum of underwriting activities, practices, tools and considerations; ability to utilize underwriting knowledge to implement, manage and improve the underwriting process.
Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
Pricing: Knowledge of the full spectrum of insurance pricing activities, practices, tools and considerations; ability to utilize various techniques to set prices for premiums of different insurance products and contracts.
Staff and Career Development: Knowledge of available internal and external learning resources and ability to address learning, training, and career development needs of individuals, teams or organization.
Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.
ABOUT EQUITABLE
At Equitable, we’re a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.
We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.
We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.
We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.
Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
NOTE: Equitable participates in the E-Verify program.
If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com .
Req ID: 240000DR