Sr Life Underwriter (Work from home)

Job Family
Underwriting




About Us






At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests






Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there






Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information, visit

www.transamerica.com







Who We Are






Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services






What We Do






Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology)





Job Description Summary
Transamerica has been helping people feel better about the future for more than 100 years, and we’re proud of the trust we’ve earned. We want to help people live better today and worry less about tomorrow



At Transamerica, we are a purpose driven team helping people live their best life. We are dedicated to inspiring people to improve not only their financial and personal well-being but the world around them. We empower our employees to also live their best life by promoting a sustainable work life balance in a highly collaborative team environment that promotes career growth and ongoing learning opportunities. We are excited about our current success and dedication to ongoing modernization which has brought state of the art digital tools to the underwriting process. If you are an ambitious team-oriented individual that can balance the interests of our people, our customers, our stakeholders, and the wider world then it is time for you to step up



That is why we are seeking experienced individual life underwriters to join our growing team where you will have the ability to work with a strong team that encourages growth, supports your ambitions, and makes it a priority for you to reach your professional goals



Job Description

As a Transamerica Senior Underwriter, you will be responsible for ensuring the effective risk selection of cases reviewed. This position requires frequent interaction with Underwriting, New Business and distribution groups. Approval authority up to ($1,500,000 - $2,500,000) through all tables and all ages. Can evaluate up to $3,500,000


Job Description


Responsibilities

• Proven competency at all job tasks and expectations of Underwriter and Intermediate Underwriter.


• Influential with immediate team and other peer groups of Underwriters.


• Shows initiative in daily tasks, does not need direction to be productive. Initiative also in assisting team and Underwriting Department.


• Good sense of organization, who to go to, to get questions answered. Understands own role within the team and how their actions impacts broader team and organizational success.


• Shows willingness to question established practices and challenge others in a professional manner.


• Continually looks for ways to improve upon processes. Willingness to volunteer to lead and execute department/functional project.

Qualifications

• Bachelor’s degree or equivalent combination of education/experience.


• Minimum of 4 years life or health underwriting experience.


• Demonstrated skill in AWD or similar system, MS Office skills, risk assessment skills and strong platform skills.

Preferred Qualifications

• Minimum of two LOMA classes, working toward FLMI designation. Have completed the AALU Certification, while working towards FALU.


• Ability to multi-task and prioritize.


• Excellent verbal and written communication skills when working with different levels of both internal and external audiences.


• Ability to meet high productivity demands for self and staff.


• Strong decision making and problem-solving skills.


• Ability to work independently and possibly work in remote setting with virtual environment and team.

Working Conditions


Remote work



Compensation


**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**



The Salary for this position generally ranges between $73-102K. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law



Additionally, this position is typically eligible for an Annual Bonus of 10% based on the Company Bonus Plan/Individual Performance and is at Company discretion



We offer a competitive salary, great benefits (including a 401(k) plan with no vesting requirements, fully funded pension plan where the company contributes 5% of your base salary), remote work and many more benefits!



What We Offer





For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees






Compensation Benefits

• 
  
  Competitive Pay
  


• 
  
  Bonus for Eligible Employees
  

Benefits Package

• 
  
  Pension Plan
  


• 
  
  401k Match
  


• 
  
  Employee Stock Purchase Plan
  


• 
  
  Tuition Reimbursement
  


• 
  
  Disability Insurance
  


• 
  
  Medical Insurance
  


• 
  
  Dental Insurance
  


• 
  
  Vision Insurance
  


• 
  
  Employee Discounts
  


• 
  
  Career Training & Development Opportunities
  

Health and Work/Life Balance Benefits

• 
  
  Paid Time Off starting at 160 hours annually for employees in their first year of service
  


• 
  
  Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays)
  


• 
  
  Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
  


• 
  
  Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child
  


• 
  
  Adoption Assistance
  


• 
  
  Employee Assistance Program
  


• 
  
  College Coach Program
  


• 
  
  Back-Up Care Program
  


• 
  
  PTO for Volunteer Hours
  


• 
  
  Employee Matching Gifts Program
  


• 
  
  Employee Resource Groups
  


• 
  
  Inclusion and Diversity Programs
  


• 
  
  Employee Recognition Program
  


• 
  
  Referral Bonus Programs
  


• 
  
  Peer Recognition Program (BRAVO)
  

• 
  As of December 31, 2022

Inclusion & Diversity






We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women






To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all






Giving Back






We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work







https://www.transamerica.com/why-transamerica/aegon-transamerica-foundation







Transamerica’s Parent Company







Aegon
acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 29.5 million people across the globe. It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.