PGIM · 2 months ago
Underwriting Specialist
Portland, ME, USA
Full-time
Onsite
Mid, Senior Level
$84K/yr - $130K/yr
5+ years expPGIM is a leading financial services firm, and they are seeking an Underwriting Specialist to assess and underwrite Group Life, Disability, and Supplemental Health proposals. The role involves evaluating risk, making pricing decisions, and maintaining accurate records while supporting internal and external communications.
Asset Management
Responsibilities
Assesses, calculates and specifies the conditions under which Prudential is willing to accept risk on Group Life, Disability, and/or Supplemental Health business for prospective and in-force customers. This includes, but is not limited to, the review and analysis of risk criteria, demographic data, financial data, rating formulas, case specific experience, product filings and statutory requirements
Independently applies Underwriting judgment, formulates pricing decisions, negotiates within their authority limit, and handles standard reporting requests. Proactively makes recommendations on cases and identifies creative solutions
Independently communicates and negotiates with internal partners, and may begin to handle communications with external customers/brokers
Actively engages in supporting the positive consultative outcomes crucial to our long-term success
Creates accurate offers, standard experience reports and/or evaluations, projections for assigned accounts and may handle customized reporting requests. May provide case specific information for multi-year planning efforts and makes projections based on emerging account experience and trends
Maintains updated records and case files in accordance with underwriting and records policies & procedures
Demonstrates an awareness of regional trends, competitive landscape and factors that influence the marketplace and regulatory environment
Acts as a subject matter expert for low/medium complexity topics
Actively contributes to larger projects as a team member, demonstrating an understanding of both the upstream and downstream impacts of changes within and outside of Underwriting, may lead smaller scope projects within Underwriting
Serves as a resource for less experienced underwriters and is actively involved in the training/mentoring process
Qualification
Required
Group Life, Disability, and/or Supplemental Health underwriting experience, preferably 5+ years
Bachelor's degree or equivalent work experience
Ability to work independently
Strong time management and organizational skills
Ability to prioritize work with limited oversight
Results and profit oriented
Strong Analytical and mathematical skills
Proficient with Microsoft Office and email software
Excellent Excel skills
Excellent communication and collaboration skills
Ability to develop strong working relationships
Understands and adheres to policies and procedures
Exhibits behaviors aligned with leadership competencies
Benefits
Market competitive base salaries, with a yearly bonus potential at every level.
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
401(k) plan with company match (up to 4%).
Company-funded pension plan.
Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
Company
PGIM
PGIM is a money manager whose clients rely on their risk management expertise, intellectual capital, and innovative solutions. It is a sub-organization of Prudential Financial.
1001-5000 employees
H1B Sponsorship
PGIM has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (15)
2024 (12)
2023 (8)
2022 (8)
2021 (7)
2020 (14)
Funding
Current Stage
Late StageLeadership Team
Jakob Wilhelmus
Director, Thematic Research
Recent News
Private Equity Wire
2026-01-23
2026-01-22
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