Medical Underwriting Director
New Yesterday
Medical Underwriting Director page is loadedMedical Underwriting DirectorApply locations Remote-TX time type Full time posted on Posted Yesterday job requisition id JR2500509
Who We Are
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At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.
We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:
We are stronger as one: We collaborate across the enterprise, scale what works and actdecisively for our customers and partners.
We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.
Who You’ll Work With
This role is working with our Structured Settlements group, reporting directly into the Head of Structured Settlements.
About The Role
This position oversees and manages the Structured Settlement Medical Underwriting Program and a team of medical underwriters, and represents the medical underwriting team in business processes and company-wide underwriting risk management activities.
Responsibilities
Establishing medical underwriting guidelines, policies, and procedures regarding risk assessment, processing, and operational risk relevant to the structured settlements business, and within the overall underwriting philosophy, guidelines, and procedures
Underwriting complex cases to assign reduced life expectancies in an independent manner within approved authority guidelines
Managing and providing daily direction to medical underwriting staff, medical consultants, clerical staff, and third-party vendors
Overseeing and monitoring performance of the team and the processes, including establishment and coordination of regular peer reviews and reviews of sold cases
With assistance from internal and external resources, researchers, and consultants, maintains the medical underwriting manual
Regularly reviews appropriateness of underwriting authorities
Establishing the training program for new hires
Responsible for periodic review of underwriting program and adjusting policies and procedures accordingly
Overseeing the medical underwriting workflow process, from intake of requests to delivery of results to agents and the monitoring of underwriting results
Working with management, the pricing team, and experience studies team to make appropriate adjustments to the underwriting program to align with actual mortality experience and profit targets
Working with management and the product development team to establish medical underwriting policies and procedures for new products and new markets
Please note this is not an exhaustive list of all responsibilities of the position, and the requirements of the job may change in line with business needs.
Skills and Qualifications
Bachelor’s degree in a related field
Completion of advanced clinical, medical, or insurance underwriting designations and/or licensing
Professional industry designations a plus
Strong and extensive clinical background (e.g. Nurse Practitioner or Physician Assistant) or advanced life underwriting designation (FALU, CLU).
5+ years’ experience in medical underwriting, preferably in the structured settlement industry or substandard life or annuity industries.
Experience maintaining risk management standards, policies, and guidelines
Experience with medical research and documentation practices
Experience with peer-review and other quality control initiatives
Experience leading and directing other team members and working with physicians and other medical and insurance professionals
Broad and deep knowledge of disease processes and medical conditions
Life insurance and underwriting designation(s) highly desirable (e.g. AALU, FALU, FLMI, CLU, CSSC, etc.)
Experience researching impairments, conditions, and treatments using multiple publications and resources including ability to concisely summarize findings
Ability to work across functional units to communicate ratings and reevaluate based on new information and competitive intelligence
Moderate computer proficiency and prior experience using workflow and data management applications
Strong analytical and interpretive skills
Strong communication skills, both verbal and written
Must be comfortable working in a fast-paced environment
Strong organizational skills
Commitment to quality
Ability and commitment to work in a team environment
Ability to manage multiple projects by understanding criticality and priority, making recommendations, etc.
Ability to manage time and multitask effectively while demonstrating problem solving skills
Ability to maintain composure and professionalism at all times
Ability to adapt to new situations and changing priorities
Ability to work independently as well as in a team environment
Knowledge of claims management procedures a plus
Able to travel as required
Proficiency in Microsoft 365 (Excel, Word, PowerPoint, Visio)
Results oriented
Managerial experience or leadership education preferred
Work Location
This position is currently designated as Remote-TX.
Estimated Travel
Minimal travel
Why Corebridge?
At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.
Benefit Offerings Include:
Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
Retirement Savings: We offer retirement benefits options, which vary by location.In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
Employee Assistance Program: Confidential counseling services and resources are available to all employees.
Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.
Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.
We are an Equal Opportunity Employer
Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com .Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.
We will consider for employment qualified applicants with criminal histories, consistent with applicable law.
To learn more please visit: www.corebridgefinancial.com
Functional Area:
UW - UnderwritingEstimated Travel Percentage (%): No TravelRelocation Provided: NoAmerican General Life Insurance CompanyWelcome Thank you for your interest in careers at Corebridge Financial and for creating a user account on our Careers site.This page will allow you to check the status of your application(s), update your contact information, and receive important updates and materials related to your application(s).
About Us Corebridge Financial makes it possible for more people to take action in their financial lives. Corebridge is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit www.corebridgefinancial.com . Thank you for your interest in joining our team.
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- Location:
- Town Of Texas, WI
- Salary:
- $125
- Job Type:
- FullTime
- Category:
- Management And Consultancy