New York Life Insurance Co Senior Associate, Underwriter in White Plains, New York

A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. Its a career journey you can be proud of, and youll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. Recognized as one of Fortunes Worlds Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. We invite you to bring your talents to New York Life, so we can continue to help families and businesses Be Good At Life. To learn more, please visit LinkedIn, our Newsroom and the Careers page of

Reporting to a Team Manager, the Sr. Associate is responsible for evaluating life insurance applications and determining whether applications should be approved, declined or if additional information is required. Sr. Associates are authorized to issue or decline all cases within their authority limit.

Senior Associate predominantly rely on Underwriting Guidelines to evaluate an applicants risk classification; however, due to the complexity associated with multiple conditions or the diversity of conditions identified within an Attending Physician Statement, they are frequently required to make assessments of applicant risk absent specific direction from the Underwriting Guidelines. Whether synthesizing the mortality risk of medical labs and family history or discounting the mortality risks of highly correlated factors such as motor vehicle reports and avocations, Sr. Associates are expected to evaluate an applicants overall risk profile, not simply summing the total from individual risk factors. Technical Leads, Medical Directors and Team Underwriters are available for consult as necessary; but Sr. Associates are expected to make a decision recommendation, not open-ended requests for insight.

As the majority of applications reviewed by this role include Attending Physician Statements, a Sr. Associate must have a working knowledge of medical terminology and awareness of how various medical impairments interact and effect individual mortality and morbidity risk. Interaction with Third Party Administrator personnel is also often needed. Consequently, Sr. Associate must have strong communication and relationship management skills. Sr. Associates will be required to meet established production standards and time service standards.

Duties and Responsibilities of Position:

Able to produce high volumes of work with quality results

Ability to train new underwriters

Underwrites Life and Disability Income applications

Reviews Contestable Claims for misrepresentation

Data Entry into Underwriting tracking system

Reviews and evaluates non-standard applications and supporting documents

Ability to differentiate multiple different requirements for numerous associations

Determines if additional documentation is required and requests additional information as needed

Decides if applicant is eligible for the plan

Communicates with company employees and Third Party Administrators regarding underwriting procedures an insurance policies

Performs Quality Reviews at Third Party Administrators

Potentially acts as back-up when Underwriting Manager out of the office

Authority Limits:

Life: Up to $3 million

* Disability Income: Up to $20,000

Requirements For Position:

3-5 years Medical underwriting experience

Extensive knowledge of Medical Underwriting for Life and preferably Disability Insurance as well