[Remote] COLI BOLI Insurance Consultant

Note: The job is a remote job and is open to candidates in USA. Lincoln Financial is hiring a COLI BOLI Insurance Consultant for its Executive Benefits Underwriting Team. The role evaluates and manages corporate- and bank-owned life insurance cases, assesses financial and insurable risks, and collaborates with internal teams to support case decisions and regulatory compliance.

Responsibilities

• Underwrite Corporate-Owned Life Insurance (COLI) applications, including corporate and institutionally sponsored programs
• Underwrite Guaranteed Issue (GI) and Simplified Issue (SI) COLI cases in accordance with approved program designs, eligibility criteria, and carrier guidelines
• Evaluate and assess complex financial, and corporate risks for executives, key employees, and eligible participant populations
• Analyze corporate financial statements, program structures, and plan designs to ensure alignment with underwriting standards, regulatory requirements, and risk tolerance
• Apply knowledge of Qualified Purchaser and Accredited Investor definitions in support of program eligibility, structure, and regulatory compliance
• Determine face amounts, and policy terms using sound underwriting judgment
• Review and approve pre-issue and post-issue underwriting transactions, including policy changes, face amount adjustments, and other in-force underwriting requests
• Collaborate with Sales, New Business, Legal, Compliance, Actuarial, and Operations to support case design and execution
• Identify underwriting trends, emerging risks, and opportunities for process improvement
• Maintain current knowledge of COLI regulations, underwriting philosophies, and market practices

Skills

• Bachelor's degree or equivalent work experience
• Effective verbal and written communication skills
• Ability to influence management/critical stakeholders
• Analytical skills and close attention to detail is necessary
• Ability to adapt quickly in a changing work environment
• Experience working with corporate owned life insurance (COLI) and/or bank owned life insurance (BOLI) programs
• Strong understanding of the institutional life insurance marketplace
• Experience in underwriting, operations, product management, client service, implementation, relationship management, or a related area

Benefits

• Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes
• Leadership development and virtual training opportunities
• PTO/parental leave
• Competitive 401K and employee benefits
• Free financial counseling, health coaching and employee assistance program
• Tuition assistance program
• Work arrangements that work for you
• Effective productivity/technology tools and training
• Remote: work-at-home arrangement for employees residing outside a commutable distance to an office location
• May be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual
• Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package

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