Senior Underwriter - Accident

Pan-American Life Insurance Group (PALIG) is seeking a Senior Underwriter to join our Accident & Health department, specializing in Accident products. This role is responsible for developing, analyzing, reviewing, and evaluating new Accident business generated by our Sales team in the Trucking, Education, and Participant Accident markets. The Senior Underwriter will also manage renewal underwriting, oversee referrals, and provide guidance to Program Managers and MGUs.

ESSENTIAL FUNCTIONS:

Renewal Underwriting

• Underwrite renewals across multiple products, with a primary focus on Trucking Occupational Accident, K–12 Education, ICS, and international student health
• Monitor the experience of assigned business blocks and quote rate and benefit adjustments as needed
• Coordinate with Compliance, Account Managers, and Sales to meet turnaround times (TATs), and with Actuarial when benefit adjustment support is required
• Complete rate sheets (detailed premium breakdowns by coverage) for policy setup in the PALIG system of record and process bind requests
• Support Actuarial with experience studies, block analysis, and rate development
• Build and maintain strong relationships with Sales and Account Managers
• Ensure compliance with reinsurance agreements and refer cases/policies to reinsurers as appropriate

New Business Underwriting

• Lead quoting efforts for Accident business in collaboration with Sales (e.g., design and quote solutions for groups, clients, or producers)
• Review submissions to assess risk, determine coverage levels, and establish pricing
• Handle internal referrals from underwriters with lower authority levels
• Use Excel-based tools or manual methods (e.g., rate filings) to develop premium rates
• Meet TATs for quote activity and, when requested, participate in meetings with brokers and clients
• Coordinate with Compliance, Actuarial, and Sales on complex or non-standard cases
• Ensure reinsurance requirements are met and refer policies accordingly

New and Existing MGUs

• Evaluate and manage underwriting referrals from assigned Accident Program Managers and MGUs
• Provide oversight and collaborate with other Underwriters for MGUs handling Accident and multi-product portfolios
• Participate in due diligence evaluations for potential new Program Managers and MGUs
• Support the evaluation and launch of new programs
• Conduct desk and on-site audits of delegated underwriting authority under the Accident & Health Audit team

Strategic Projects & Portfolio Management​

• Manage portfolio to ensure short- and medium-term bottom-line targets are achieved
• Lead small to mid-sized projects (e.g., evaluating vendors for potential portfolio additions, developing a sales guide on Gig risk appetite, designing a peer review audit template)
• Support U.S. Benefits and Special Markets lines (e.g., Gap, Fixed Indemnity, Rx Indemnity, Medical Accident, Minimum Essential Coverage [MEC], Dental, Vision, Critical Illness)

KPI Monitoring & Ad Hoc​

• Monitor key performance indicators and recommend corrective actions
• Participate in cross-training and cross-functional initiatives
• Perform other duties as assigned

KEY REQUIREMENTS:

• Required:

  • Bachelor’s degree and 4 to 5 years of group underwriting experience in Medical, Accident, and/or Supplemental Benefits
  • In lieu of a degree: 4 additional years of experience and at least 1 year in program business (carrier or MGU side)

• Preferred:

  • 15+ years of group underwriting experience across two or more segments (Medical, Accident, Supplemental Benefits)
  • Individual underwriting experience
  • At least 3 years in program business (carrier or MGU side)
  • JD or certifications such as LOMA’s FLMI

KNOWLEDGE, SKILLS & ABILITIES (KSA's):

• Analytics: Breaks a topic or substance into smaller parts to gain a better understanding; utilizes mathematics, logic, and reasoning to conduct analyses; visualizes, articulates, and solves a variety of problems
• Attention to Detail: Accomplishes tasks by focusing on all areas involved; ensures all associated processes and tasks are completed; vigilantly watches over/checks processes and tasks to ensure accuracy
• Flexibility: Maintains an open mind; performs a wide variety of tasks and changes focus as demands change; transitions smoothly from one task to another as customer demands change
• Problem Solving: Analyzes a situation by gathering and organizing information; assesses cause and effect relationships and recommends potential solutions
• Written Communication & Comprehension: Understands documents and applies the information to work situations; conveys ideas and facts concisely and accurately in writing; uses language the intended audience understands
• Teamwork: Works harmoniously with others to get results; responds positively to instructions and procedures; shares information with everyone on a project
• Time Management: Effectively manages one’s time to ensure work is completed effectively; coordinates own time in conjunction with others to avoid conflicts; leverages available resources to maximum efficiency

Pan-American Life Insurance Group Offers:

• Comprehensive Compensation Packages (base & bonus)
• Comprehensive Benefits Package: Medical, Dental, 401K, Paid Time Off, and Tuition Reimbursement, etc. are some examples. New hires are eligible for medical and dental coverage on the first of the month following 30 days of service.  

Who We Are:

Pan-American Life Insurance Group (PALIG) serves the life, accident, and health insurance needs of individuals and businesses in 49 U.S. states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands through its U.S. based member companies - Pan-American Life Insurance Company and Pan-American Assurance Company.

At Pan-American Life, our employees are our greatest asset. We are grateful for the collaborative efforts of our employees and partners, and for the confidence of the policyholders whose life and health we protect. It is through this long-standing commitment that Pan-American Life continues to succeed.

Pan-American Life is an Equal Opportunity Employer/Drug Free Workplace.