Completes assignments of moderate to high complexity while working within delegated authority
Provides technical underwriting support and guidance to customers and distributors, consistently providing excellent customer service
Within a range of processes and guidelines, works closely with distributors and other operational areas to support the overall achievement of the business plan, demonstrating strong knowledge in underwriting expertise, procedures and processes
Maintains internal and external distributor relationships by consistently requesting the correct evidence, consistently making the correct decision and always explaining rating decisions
Completes a range of queries and referrals within agreed authority limits, measuring the exposure & analyzing the risk of each case to maintain underwriting standards
Proactively contributes to the development and improvement of technical underwriting standards, controls, practices and procedures to better meet business goals
Proactively contributes ideas and work for the development of new or enhanced propositions /procedures/philosophy, ensuring we charge the right premium for the associated risk
Identifies training opportunities for self and others and assists with training as directed
Assist with quality reviews in order to help identify, assess and take action to mitigate risks to achievement of underwriting goals and objectives
Undertake investigations and inspections of data, processes and practice to identify potential or actual compliance issues and recommend appropriate action
Collate and analyze data and make recommendations to support the underwriter´s decision making process
Assess and evaluate underwriting processes in order to identify areas for improvement, tracking actions and monitoring implementation to demonstrate the impact that change may have
Act as lead technical resource for standard methodologies and systems knowledge to enable underwriters to deliver to customers efficiently and effectively
Review and interpret information and advise internal clients of appropriate action to fulfill procedural and regulatory requirements
Job Qualifications
Required:, , , Preferred:
Bachelors Degree and 10 or more years of experience in the Underwriting area, , OR, • High School Diploma or Equivalent and 12 or more years of experience in the Underwriting area, , AND, • 5 or more years underwriting experience in domestic US life insurance industry, • 2 or more years experience in the large case affluent market segment
Excellent organizational and time management skills
Strong knowledge of underwriting philosophy/techniques
Ability to effectively assess risk
Ability to work in a team environment
Knowledge of time restraints for quotes on new and in force business