Life Insurance Underwriting Associate - Remote

Overview

The Life Insurance Underwriting Associate is responsible for the coordination and management of all aspects of the underwriting and implementation process. This includes providing efficient, pro-active service to clients, negotiating with the life insurance companies, and having in-depth knowledge of life insurance products and carriers, applications and the underwriting process.

In Short

• General underwriting case management
• Provide regular case status updates to the Client Relationship Managers (CRMs) and Project Managers (PMs)
• Ensure that status updates are emailed to clients and advisors either directly or through the CRMs and PMs regularly
• Confirm that agent is contracted, licensed, and appointed
• Conduct 15-30-minute telephone interviews with clients or advisors to collect their personal, financial, medical, and avocation history
• Schedule medical exams, send reminders and follow up to ensure successful completion
• Coordinate ordering of APS records and review records upon receipt to assess medical history
• Negotiate with carrier underwriters for best possible risk classification and elimination of additional requirements
• Understand how final offers will impact the case design and work cooperatively with design analysts to update the design appropriately
• Complete and review life insurance application paperwork

Requirements

• Strong knowledge of the life insurance underwriting process and life insurance terminology preferred
• 3-5 years’ experience in the life insurance industry preferred
• Knowledge of broker-dealer and licensing preferred
• Strong understanding of life insurance risk classifications
• General medical knowledge (ability to read Attending Physician Statements)
• Strong interpersonal and communication skills – written and verbal
• Strong negotiating skills
• Strong problem-solving skills
• Proficient in Word and Excel
• Ability to work in a fast-paced environment along a steep learning curve

Benefits

• Attractive annual compensation package is commensurate with experience
• Eligible for annual profit sharing bonus
• Comprehensive benefit package includes medical, dental, life, disability, 401(k), Section 125, and other voluntary benefits.