Underwriter

About Our Company

Were a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

Interested in a career in Underwriting? We are hiring for entry-level underwriters to learn and grow on our team.

Entry level Underwriting position which includes working directly with Advisors ("Field") and Clients. This position is responsible for underwriting insurance applications within strict guidelines up to $2,000,000.00 of life insurance face amount and $5,000.00 of monthly benefits on disability insurance.

Key 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.

Required Qualifications

• 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.

Preferred Qualifications

• 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

Visa Sponsorship

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).

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Base Pay Salary

The estimated hourly rate for this role is $26.15 - $35.96 / hour. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Non-Exempt

Job Family Group

Business Support & Operations

Line of Business

RSA Annuities

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.