Job FamilyUnderwriting
Job Description SummaryPerform internal underwriting audits to ensure staff compliance with company policies, Sarbanes-Oxley and standard industry practices. Review and make recommendations on contestable claims. Assist/train and review the work of lower level staff as needed.
Job Description Responsibilities- Perform audits of underwriting work.
- Provide assistance/training and review the work of lower level staff as needed.
- Trend and review mortality and morbidity experience specific to L&P insurance markets.
- Serve as an L&P liaison for the Medical Information Bureau (MIB) and perform the annual the MIB self-audit for all distribution groups.
- Review and report on contestable claims and serve as a consultant to the Claims Department.
- Assist with projects and special assignments.
Qualifications- Five years of underwriting experience with mortality and morbidity based products.
- Two years of directly related auditing experience.
- Thorough knowledge of underwriting practices and industry standards, including related Sarbanes-Oxley regulations.
- Excellent interpersonal and written/verbal communication skills in order to provide feedback and consultation related to audit outcomes, as well as assist and train lower level staff.
- Attention to detail and analytical skills to perform audit duties and interpret data.
- The ability to work on assigned audits independently and interpret a wide range of collected information.
Preferred Qualifications- Underwriting audit and/or contestable claims experience.
- FLMI and FALU certifications.
- Knowledge of Life & Protection products and distribution systems.
Working ConditionsThe Salary for this position generally ranges between $93,000-$120,000 annually.
Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus of 15% based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.
Disclaimer:
- We will never request personal information such as ID or payment for equipment upfront.
- Official offers are sent via DocuSign following a verbal offer-not through text or email
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
What We Offer For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
- Competitive Pay
- Bonus for Eligible Employees
Benefits Package
- Pension Plan
- 401k Match
- Employee Stock Purchase Plan
- Tuition Reimbursement
- Disability Insurance
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Employee Discounts
- Career Training & Development Opportunities
Health and Work/Life Balance Benefits
- Paid Time Off starting at 160 hours annually for employees in their first year of service.
- Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
- Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
- Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
- Adoption Assistance
- Employee Assistance Program
- Back-Up Care Program
- PTO for Volunteer Hours
- Employee Matching Gifts Program
- Employee Resource Groups
- Inclusion and Diversity Programs
- Employee Recognition Program
- Referral Bonus Programs
