Associate Underwriter

What You'll Do

As an Associate Underwriter on our Individual Insurance Underwriting team, you'll support marketing goals by issuing and retaining life/DI insurance coverage on a favorable and timely basis consistent with mortality/morbidity objectives. Support profitability goals by assessing the encouraged mortality/morbidity of individual life/DI applicants and classifying risk appropriately.

Assess risk, liability and plan design.Captures and reviews appropriate information for support functions to ensure all information is reasonable, complete, and accurate. Analyzes data, makes corrections, and/or performs calculations. Processes and/or distributes information as needed.Acts as a technical resource for some niche processes by answering questions, assisting in recommending solutions and assisting other team members.Research and answer standard risk related questions, and provide information and recommendations to internal and external customers.Participates in special projects regarding operational issues, systems and/or processes. Assists with training of process changes.Perform other job-related duties or special projects as the need arises.

Who You Are

College degree or 5 years of related work experience.Provide timely, courteous and excellent service at an acceptable cost to all customers; operate in an ethical manner in accordance with all applicable laws and regulations, the company's Corporate Code of Ethics, employee handbook, applicable compliance and operations policies and procedures, and other policies of the company. Possess a high degree of integrity and actively cooperate and interact with all entities of Principal.Must have strong planning/organizational, problem-solving, analytical, time management, decision-making, and oral and written communication skills, as well as general math skills.Digital literacy and knowledge of business unit applications preferred.Be able to maintain accuracy while being detail oriented.Ability to maintain confidentiality is required.Travel may be required (5%), including overnight stays.

Salary Range Information

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$20.84 - $39.81 / hour

Time Off Program

Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness.

Pension Eligible

Yes

Additional Information

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements.

Work Authorization/Sponsorship

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

Investment Code of Ethics

For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

Experience Principal

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the outstanding experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Posting Window

We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.

Original Posting Date

4/1/2024

Most Recently Posted Date

4/5/2024

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