
Senior Associate, Long-Term Care (LTC) Insurance Underwriter
Welcome to New York Life, one of the largest mutual life insurance companies in the United States. We are currently seeking a highly skilled and experienced Senior Associate to join our team as a Long-Term Care (LTC) Insurance Underwriter. In this role, you will play a critical role in evaluating and assessing risk for our LTC insurance products, ensuring the financial security and peace of mind for our policyholders. We are looking for a detail-oriented and analytical individual with a strong understanding of underwriting principles and a passion for helping individuals and families plan for their future. If you have a strong background in underwriting and a desire to make a positive impact on people's lives, we encourage you to apply for this exciting opportunity.
- Evaluate and assess risk for Long-Term Care insurance products in accordance with company guidelines and standards.
- Utilize underwriting principles and techniques to accurately evaluate and rate policy applications.
- Review and analyze medical records, financial information, and other relevant data to make informed underwriting decisions.
- Communicate effectively with policyholders, agents, and other stakeholders to gather necessary information and provide updates on underwriting decisions.
- Identify and investigate potential red flags or discrepancies in policy applications and take appropriate action.
- Stay up-to-date on industry trends, regulations, and changes in underwriting guidelines to ensure compliance and accuracy.
- Collaborate with other departments, such as claims and sales, to provide support and expertise on underwriting matters.
- Mentor and train junior underwriters on underwriting principles, guidelines, and best practices.
- Participate in special projects and initiatives to improve underwriting processes and procedures.
- Provide exceptional customer service to policyholders and agents by addressing inquiries and concerns in a timely and professional manner.
- Maintain accurate and organized underwriting records and documentation.
- Adhere to company policies, procedures, and ethical standards.
- Continuously strive to improve underwriting skills and knowledge through ongoing training and development opportunities.
- Represent New York Life in a positive and professional manner at all times.
Bachelor's Degree In Business, Finance, Or A Related Field.
Excellent Analytical And Critical Thinking Skills.
Minimum Of 5 Years Of Experience In Underwriting Long-Term Care Insurance Policies.
Strong Knowledge Of Industry Regulations And Guidelines For Long-Term Care Insurance.
Ability To Effectively Communicate With Clients And Other Team Members.
Financial Analysis
Negotiation skills
customer service
Policy Analysis
Medical Terminology
Claims Management
Risk assessment
Underwriting Guidelines
Policy Issuance
Actuarial Principles
Communication
Emotional Intelligence
Leadership
Time management
Interpersonal Skills
creativity
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Senior Associate, Long-Term Care (LTC) Insurance Underwriter is $60,000-80,000 per year. However, this can vary depending on factors such as location, experience, and the specific company or organization the individual is working for. Some senior associates may have higher salaries, while others may have lower salaries within this range. It is important to research the specific job market and company before determining an exact salary for this position.
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New York Life Insurance Company is the third-largest life insurance company in the United States, the largest mutual life insurance company in the United States.

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