COLI BOLI Insurance Consultant

The Role at a Glance

As the COLI BOLI Insurance Consultant for Lincoln’s Executive Benefit’s Underwriting Team, you will analyze and deliver on COLI BOLI ICOLI cases. The Corporate-Owned Life Insurance (COLI) Underwriter is responsible for evaluating mortality, financial, and insurable risk associated with corporate-sponsored life insurance programs. The role supports the issuance and management of COLI and BOLI cases by assessing underwriting evidence, applying carrier guidelines, and making risk-based decisions that support profitable growth while maintaining regulatory compliance. Responsibilities often include collaboration with sales, actuarial, legal, case management, and corporate clients

This is a developmental opportunity designed for someone who brings relevant experience and knowledge of the COLI, BOLI, or broader institutional life insurance marketplace and is interested in building deeper underwriting expertise. A traditional underwriting background is not required. Candidates may bring transferable experience from areas such as operations, product management, client service, implementation, relationship management, or other roles that provide meaningful exposure to COLI and BOLI programs.

What you'll be doing

• 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.

What we’re looking for

Must-Have’s

• 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

Nice-to Have’s

• 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

Application Deadline

Applications for this position will be accepted through December 31, 2026, subject to earlier closure due to applicant volume.

What’s it like to work here?

At Lincoln Financial, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.

What’s in it for you?

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

The pay range for this position is $84,375 - $135,000 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees. In addition, the role 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.

About The Company

Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services.

With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach.

Lincoln Financial Distributors, a broker-dealer, is the wholesale distribution organization of Lincoln Financial. Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY. Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice.

Lincoln is committed to creating an inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origi