Underwriting Certificate - Session 15: Retention Limits

Content
2 modules

Rating

Instructor
Finseca Staff

Released
16 May 2024

Description

The Underwriting Certification Program helps train and develop new underwriters on the life insurance underwriting process, while certifying existing underwriters on the key skills, responsibilities, and best practices that are essential for their role. The program, which has been designed with a life insurance focus, is comprised of nineteen online learning modules with mastery quizzes for each module.

Session Overview

Session 15: Retention Limits
This session explores factors related to retention limits in insurance underwriting. Carriers may retain varying percentages of risk per policy and block of business, with some risks being ceded to reinsurers. Retention limits vary by age, underwriting rating, and product type, helping carriers manage risk exposure effectively.

 

PROFESSIONAL DEVELOPMENT COMMITTEE

Leah Mahoney,  – EVP - Operations, Diversified Brokerage Services, Inc.

Chair

Haley Chaires,  – Account Executive, Ash Brokerage

Member

Rachel Sachs, – Vice President Insurance Operations, LPL Financial

Member

Kim Wilcox, – Vice President of Operations, Innovative Underwriters

Member

Rachel Sanfilippo, – Operations Manager - Contracting & Licensing & New Business, Partners Advantage A Gallagher Group

Member

Amanda Singer, – Vice President, Crump

Member

Melinda Marcotte, – Head of Life New Business, MassMutual

Member

 

COURSE CONTRIBUTORS

Tiffany Markarian– Managing Director and Founder

Advantus Marketing, LLC

Melissa Heighway– Director of Life Underwriting; Insitutional Channel

Crump Life Insurance Services

Stephanie Hrisko– Medical Consultant in Underwriting

The Cason Group

Angela Ison– Underwriting Consultant

MassMutual

David Glasgow– Underwriter

Diversified Brokerage Services

Kim Schrass– Director of Underwiting

Ash Brokerage, An Integrity Company

Jim White– Underwriting Manager

Securian Financial

Jann Varner– AVP, Case Design

Diversified Brokerage Services

William Nalipinski– Regional Sales Consultant

Securian Financial Group

Karen Gilmore-Buxton– Sr. Product Specialist

Lincoln Financial Group

Kieth Gruchacz– Sr. Consultant

Lincoln Financial Group

Phil Jackson– Managing Director, Insurance Marketing

Valmark Financial Group

Ashley Orlinski– AVP Internal Sales

LPL Financial

Amber Castator– Sr. Relationship Case Manager

Ash Brokerage

1.
Session 15: Retention Limits
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Underwriting Certificate - Exam: Retention Limits
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