Life Insurance Senior Underwriter - Research and Development

Job Description:

Job Title

Life Insurance Senior Underwriter – Fidelity Investments Life Insurance

Note: Fidelity is not providing immigration sponsorship for this position

The Role

Are you an experienced life insurance underwriter with a sharp eye for detail, deep understanding of risk assessment, and a passion for putting the customer first? Are you interested in applying your underwriting knowledge in new ways? We are seeking a dynamic and results oriented Life Insurance Senior Underwriter to join the research and development portion of our fast-growing underwriting team.

This is an exceptional opportunity for an individual with experience both in and outside of line underwriting looking to continue building their career. As a Senior Underwriter focusing on research and development, you will:

• Aid in updating of underwriting guidelines and automated rules

• • Help identify key areas for refinement and prioritize updates based on overall impact

• • Research, draft and assist in the rollout of new underwriting guidelines

• • Conduct market studies to provide insight on industry norms

• Serve as a subject matter expert on cross functional projects

• • Partner with the actuarial and data analytics team to evaluate business results data

• • Provide underwriting guidance to legal, risk and compliance teams as needed

• Participate in audits

• • Review audit cases to ensure adherence to underwriting expectations

• • Conduct post issue studies of automated cases to confirm adherence to mortality expectations

• • Perform analysis of auditing findings to identify consistency gaps or areas of unintentional slippage and suggest ways to mitigate such findings

• Assist with mentoring junior underwriters

• • Share in a collaborative team spirit where everyone pitches in to provide support and training to more junior underwriters

• • Aid in coaching of junior underwriters including in providing opportunities to explore areas outside of line underwriting

The Expertise and Skills You Bring

Bringing with you a Bachelor’s degree in an applicable field and 5+ years of progressive growth in life insurance underwriting, you possess a robust skill set in risk assessment. Your professional path has been defined by a commitment to cultivating deep expertise in case evaluation with an underwriting authority limit of $3,000,000 or higher, as well as expanding to roles outside of line underwriting. Experience with third party evidence providers, automated underwriting or industry designations are a plus.

The Team

Fidelity Investments Life Insurance is a team that is driven to provide customers with the financial security and peace of mind that comes from protection products like life insurance. Our team thrives on shared knowledge and mutual support across functional groups such as the actuarial and product teams. We foster an environment where open communication, professional growth and innovative thinking are highly valued. As a Senior Life Underwriter, you will play a pivotal role in providing the protection customers need while also contributing to the success of the company’s strategic goals.

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

The base salary range for this position is $89,000-$180,000 per year.  

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.   

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.  These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.  Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

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