Job Opportunities in United States
November 15, 2024
Progressive
FULL TIME
Life Insurance Underwriter - Level20
Job Number: 236821
Join Forbes’ 2024 Best Employer for Diversity!
As an underwriter for Progressive Life, you’ll support the continuous development of the Progressive Life Insurance product, a term life insurance provider whose vision is to make the process of purchasing life insurance easy and accessible (learn more at progressivelife.com). In this role, you'll collaborate with the Underwriting team on underwriting rules and manuals for our current and future life insurance products. Additionally, you'll assist with refining existing rules and manuals, introduce, and implement new data sources, and create monitoring methodologies and processes.
At Level20 (https://www.Level20.com and https://www.progressive.com/careers/our-teams/level20/), Progressive’s growth incubator, we fuel growth for the company through the exploration and development of new-to-market products. Our team has the backing of Progressive, which gives us access to a larger resource pool than a traditional start-up.
Location: Virtual
Must-have qualifications
- High school diploma/GED equivalent or higher and a minimum of five years underwriting experience with a direct US life insurance company or a US life reinsurance company
- {OR} Bachelor's degree or higher and a minimum of two years underwriting experience with a direct US life insurance company or a US life reinsurance company
- Demonstrated experience bringing new products or businesses to market
- Ability to review medical records and make accurate underwriting assessments by applying appropriate guidelines
- Knowledge of Underwriting systems and workflows
- Medical knowledge and basic understanding of medical terminology
- Knowledge of underwriting rules engines and rules management
- $65,000 - $90,000/year
- Gainshare annual cash incentive payment up to 24% of your eligible earnings based on company performance
- 401(k) with dollar-for-dollar company match up to 6%
- Medical, dental & vision, including free preventative care
- Wellness & mental health programs
- Health care flexible spending accounts, health savings accounts, & life insurance
- Paid time off, including volunteer time off
- Paid & unpaid sick leave where applicable, as well as short & long-term disability
- Parental & family leave; military leave & pay
- Diverse, inclusive & welcoming culture with Employee Resource Groups
- Career development & tuition assistance
- Onsite gym & healthcare at large locations
Equal Opportunity Employer I-JM1
For ideas about how you might be able to protect yourself from job scams, visit our scam-awareness page at https://www.progressive.com/careers/how-we-hire/faq/job-scams/
Job: Strategy
Primary Location: United States
Schedule: Full-time
Employee Status: Regular
Work From Home: No
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