Top Life Underwriting Executive manages all aspects of the life underwriting business line. Develops and implements plans and procedures regarding risk management, application and renewal, acceptance and rejection. Being a Top Life Underwriting Executive keeps abreast of any changes to medical progress and regulations which pertain to life insurance products. Requires a bachelor's degree. Additionally, Top Life Underwriting Executive typically reports to Top Underwriting Executive. The Top Life Underwriting Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. To be a Top Life Underwriting Executive typically requires 8+ years of managerial experience. (Copyright 2024 Salary.com)
Posting Description
The role is part of the Credit Risk Custom Center of Excellence within Asset and Wealth Management and is responsible for managing a portion of the US Underwriting team. This group assesses, permissions and governs credit and counterparty risks on an industry, client, geographic and transaction basis. The Credit Risk function identifies, approves, measures, limits, manages and monitors credit risk across our businesses. Credit exposure arises through underwriting, lending and trading activities with and for clients and counterparties, as well as from a range of operating services such as cash management and clearing activities. Our business partners include Front Office Banking and Lending Solutions, Middle Office, Legal, Compliance and Controls.
The leadership role will report to the US Underwriting Manager and will be responsible for all underwriting and approval activities for a team of 30-40 managers and underwriters. The position is in the Asset and Management risk group, with a heavy emphasis on underwriting analysis, credit risk and team management. The candidate should possess strong leadership skills and have tenured credit risk experience. Must have a strong commitment to customer service and teamwork to contribute to high-performing teams through development of self and others.
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