Currently, we are seeking a talented Underwriting Specialist to join the Life Insurance Division in Lynchburg, VA. The Life Insurance Division works with financial and insurance professionals to give families and businesses the life insurance coverage needed to help meet important financial protection, wealth accumulation, and wealth preservation goals.
The Life Underwriting Specialist will be responsible for evaluating insurance applicants by correlating all aspects of risk to determine whether to accept, modify, or decline applications. Life underwriting focuses on mortality by evaluating risk of death, which includes history, degree of medical maintenance, treatment, and flags of potential future risk. Underwriters are a critical component to the placement of Life coverage and can directly impact our position in the marketplace.
Complete wing-to-wing underwriting decision:
•Starting with review of upfront underwriting data/tools,
•When appropriate, conducting a tele-interview with clients to complete their medical history by asking probing questions and detecting gaps, while balancing great customer service
•Handling additional underwriting requirements by determining value, ordering, and reviewing to perform risk selection,
•Data enter medical history and utilize system workbenches to process and decision cases.
•Demonstrate dependability, organization, and sound judgment by adhering to schedules and meeting all productivity, quality, and performance standards.
FACTORS FOR SUCCESS:
•Bachelor Degree preferred.
•Strong PC and typing skills to include general Microsoft skills required to data enter and process information; extremely comfortable with web based underwriting analysis tools and imaging systems.
•Minimum five years of underwriting experience with demonstrated proficiency in all underwriting processes and philosophies to include strong cardiac background and older age underwriting; ability to handle advanced decision level authorities without a co-signature.
•Change advocate and mentor; co-signs cases behind others.
•Effective written and verbal communication skills with ability to build rapport and gain acceptance at all levels while exercising tact, diplomacy and resourcefulness.
•Completion of LOMA 280/281 and 290/291; actively working toward AALU and FLMI.
•Professional Designations: AALU/FALU and FLMI preferred.
•Ability to work remotely.
•Critical thinking skills and attention to detail with ability to quickly identify information by categorizing, estimating, recognizing differences or similarities and detecting changes in circumstances or events.
•Ability to interpret meaning of information for others; translating or explaining what information means and how it can be used.
•Ability to develop specific goals, plan, and prioritize work.
•EKG and Cardiac test interpretation preferred.
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