Life Underwriter

Position Overview

AAA Life is seeking a Life Insurance Underwriter that will analyze, evaluate and classify risk for life insurance applications. This underwriter will determine whether to approve, modify or decline a risk through evaluation of an individual's medical history or physical condition, occupational hazards, financial background, insurable interest and other pertinent information. The role involves collaborating with the field sales team, customers and vendors to gather the necessary information and has the authority to approve cases up to specific standard and substandard limits.

Note:

• Mortgage underwriting experience will NOT be considered
• Call volume on average is about 4-6 calls a day. Regular late night is 1 day every other week. Friday night late nights are rotated, which is about 1 per quarter.

Key Responsibilities

• Reviews for acceptance or denial assigned life applications with face amounts up to $1,000,000 fully underwritten
• Determines and assures that appropriate information necessary to fulfill underwriting requirements has been requested such as re-examinations, special exams, medical reports, database research, investigations, and laboratory studies
• Interprets MIB codes and prepares data and reports to the Medical Information Bureau, requiring knowledge of MIB code meanings and procedures
• Provides support for contract change and reinstatement underwriting as required
• Prepares presentations for underwriters or sales agents to assist with training and development

Required Qualifications

• 2 year College Degree in Finance, Business or Economics
• 1-2 years' Life Insurance industry experience (sales experience or strong life insurance sales support and training)
• Knowledge of life and annuity sales strongly preferred
• Proficient in Microsoft Word, PowerPoint, and Excel
• Strong communication skills – verbal and written
• Ability to provide strong customer service
• Possesses technology knowledge of insurance system applications and data
• Works well in a team environment
• Demonstrates proactive skills
• Willingness to work extended hours and weekends, if required
• Team player and self-starter, highly motivated, and results driven
• Ability to effectively function in a fast-paced team environment
• Demonstrates a high level of independence and creativity, with the ability to initiate and follow through on new projects
• Strong organizational and follow-up abilities
• Ability to thrive in a fast-paced, challenging environment

Benefits & Perks

We offer a variety of social programs, flexible work hours, and family-friendly benefits to all of our employees.

• Pension and Retirement Plans
• Medical, Dental and Vision Coverage
• Paid Time Off
• Paid Parental Leave
• Hybrid Work Environment
• 401K
• Support for Community Involvement