Life Underwriting Consultant Transamerica

Location: 🇺🇸 United States

About Transamerica

At Transamerica, we empower people to live their best lives. With over a century of experience in financial services, we provide insurance, retirement, and investment solutions that help people plan confidently for the future. Part of the global Aegon Group, Transamerica serves millions of customers worldwide, supported by a diverse, inclusive, and collaborative workforce.

We prioritize innovation, career growth, and work-life balance, offering employees the tools to succeed while positively impacting communities.

Role Overview

Transamerica is seeking an experienced Life Underwriting Consultant to join our growing team. This role focuses on effective risk selection, mentoring junior underwriters, and providing consultative guidance across underwriting, new business, and distribution teams. Approval authority ranges from $2,500,000 to $5,000,000, with the ability to evaluate cases up to $7,500,000.

You will leverage your expertise to make complex underwriting decisions, mentor team members, and contribute to continuous improvement initiatives in the underwriting process.

Key Responsibilities

• Evaluate and approve life insurance applications, ensuring proper risk selection.
• Provide guidance and mentorship to junior underwriters.
• Collaborate with distribution, new business, and underwriting teams to streamline processes.
• Apply Lean principles and drive continuous improvement in underwriting workflows.
• Conduct complex case assessments, defend decisions, and provide actionable recommendations.
• Utilize digital underwriting tools and platforms to enhance efficiency and accuracy.

Education & Experience

• Bachelor’s degree in Finance, Business, Risk Management, or a related field.
• Minimum of 6 years of life or health underwriting experience.
• Experience with AWD or similar underwriting systems, MS Office, and digital platforms.
• Preferred: Completed LOMA classes, AALU Certification, working towards FALU/FLMI designations.
• Strong understanding of risk assessment, policy evaluation, and life insurance products.

Skills & Competencies

• Leadership and mentoring abilities.
• Excellent decision-making and problem-solving skills.
• Strong analytical, organizational, and project management skills.
• Ability to work independently and thrive in a remote environment.
• Exceptional verbal and written communication skills.

Compensation & Benefits

• Base Salary: $94,000 – $130,000/year (estimated, may vary by location and experience)
• Bonus Eligibility: Up to 12% based on performance
• Retirement & Financial Benefits: 401(k) with match, fully funded pension plan, employee stock purchase plan
• Health & Wellness: Medical, dental, vision, disability insurance, wellness programs, parental leave, PTO starting at 160 hours/year
• Professional Development: Tuition reimbursement, career training, and development opportunities
• Remote Work: Fully remote option available

Why Work at Transamerica?

• Join a purpose-driven company dedicated to financial security and social impact.
• Work in an inclusive, diverse, and supportive environment.
• Opportunity to shape underwriting practices and mentor the next generation of underwriters.
• Competitive compensation and comprehensive benefits.
• Make a difference by helping individuals and families achieve financial freedom.

How to Apply

If you’re interested in this position, please register on our portal and submit your application through the link below:

👉 Register & Apply at TeezJobs.com

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