LTC & Life Underwriter

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day.   

We apply that same compassion and empathy as we work with each other and our local communities, Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism. 

Our four values guide our strategy, our decisions, and our interactions:  

• Make it human. We care about the people that make up our customers, colleagues, and communities.  

• Make it about others. We do what’s best for our customers and collaborate to drive progress.   

• Make it happen. We work with intention toward a common purpose and forge ways forward together.   

• Make it better. We create fulfilling purpose-driven careers by learning from the world and each other. 

POSITION TITLE 

LTC & Life Underwriter

POSITION LOCATION 

This position is available to Virginia residents as Richmond or Lynchburg, Virginia in-office applicants or remote applicants residing in states/locations under Eastern or Central Standard Time: Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Washington DC, Vermont, West Virginia or Wisconsin.

YOUR ROLE
Genworth’s Underwriting Department is committed to growing the business with roles that utilize underwriting expertise and upfront data/tools. Our goal is to secure all relevant underwriting information, improve the customer experience, all while maintaining industry leading mortality/morbidity results. As an Underwriting team member, you’ll evaluate insurance applicants by correlating all aspects of risk to determine whether to accept, modify, or decline applications for coverage.

What you will be doing

• Complete wing-to-wing underwriting decision:

  • Starting with review of upfront underwriting data/tools

  • When appropriate, contact the client to complete their medical history by asking probing questions and detecting gaps, while balancing great customer service

  • Handle additional underwriting requirements by determining their value and reviewing to perform risk selection

• Utilize system workbenches to process and decision cases

• Promote and maintain high customer focus by communicating effectively and promptly and offering reasonable solutions that meet customer needs while protecting the business objectives

• Demonstrate dependability, organization, and sound judgment by adhering to schedules and meeting all productivity, quality, and performance standards

What you bring:

• Minimum two years of life or LTC underwriting experience with demonstrated proficiency in all underwriting processes and philosophies to include strong cardiac background and older age underwriting; ability to handle advanced decision level authorities without a co-signature

• Familiarity of medical terminology and conditions

• Strong PC and typing skills to include general Microsoft skills required to data enter, process information, and work with web-based underwriting analysis tools and imaging systems

• Ability to work in a team environment managing complex workloads while exhibiting independence, resourcefulness, and strong analytical and decision-making skills

Nice to have:

• Completion of LOMA 280/281 and 290/291.

• Evidence of self-reliance and motivation to continue education and pursue professional designations: FALU, FLMI, LTCP

Employee Benefits & Well-Being 

• Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives. 

• Competitive Compensation & Total Rewards Incentives 

• Comprehensive Healthcare Coverage 

• Multiple 401(k) Savings Plan Options 

• Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!) 

• Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and

• Paid Family Leave  

• Disability, Life, and Long Term Care Insurance  

• Tuition Reimbursement,  Student Loan Repayment and Training & Certification Support  

• Wellness support including gym membership reimbursement and Employee

• Assistance Program resources (work/life support, financial & legal management) 

• Caregiver and Mental Health Support Services 

ADDITIONAL
The base salary pay range for this role starts at a minimum rate of $71,500 up to the maximum of $95,000. In addition to your base salary, you will also be eligible to participate in an incentive plan. The incentive plan is based on performance and the target earning opportunity is 7% of your base compensation.  The final determination on base pay for this position will be based on multiple factors at the time of this job posting including but not limited to geographic location, experience, and qualifications to ensure pay equity within the organization.