Underwriter

RiverSource is a diversified financial services leader with a strong focus on client service and financial planning. They are seeking entry-level underwriters to manage insurance applications and assess risk, working closely with advisors and clients throughout the underwriting process.

Responsibilities

• Receives and reviews applications from Advisors to determine insurability and categorize the risk the individual client represents to determine the appropriate premium and rating class
• Reviewing and assessing medical and non medical requirements
• Reviews this information and partners with medical director, coach, leadership and peers as needed to determine insurability
• Actively manages case load of 250 plus applications
• Direct contact with field force to gather financial and medical information on clients, communicate underwriting risk assessment decisions and to assist the field throughout the underwriting process
• May travel to field offices, presents via Microsoft Teams, conference calls or other technology as necessary to coach and train advisors on the underwriting process and to build relationships with financial advisors

Skills

• Bachelors degree or equivalent work experience
• 1 - 3 Years Relevant Experience Required
• Demonstrated analytical skills
• Demonstrated decision making skills
• This role requires employees to work on site (3 days/week) at our Minneapolis headquarters for training (approximately 3 – 6 months). After successful training, employee is eligible to work remotely
• Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN)
• May have or be working towards designations such as FALU, CLU, FLMI, ChFC, etc
• Organizing and prioritizing work
• Comprehending complex information
• Communicating effectively with advisors, clients and co-workers

Benefits

• Variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role
• Vacation time
• Sick time
• 401(k)
• Health, dental and life insurances

Company Overview