Senior Underwriter

Lighthouse Professional Services

New Haven, CT

$70 Hourly
Life Insurance
Full-Time

Job Description

Lighthouse Professional Services a division of Staffing 360 Solutions group, is proud to be a “Best in Staffing 2023” award winner. We have over 50 years of experience placing people with small and global companies. Our offices in New York, Connecticut, and Massachusetts serve clients nationwide.

We are currently seeking a Senior Underwriter for a client in New Haven, CT. 100% Remote EST.

**Experience with Life Insurance Underwriting is required for this role**

Overview

Underwrites individual life insurance contracts ranging in amounts through $1,000,000. May occasionally work on applications of higher amounts subject to review by a higher ranking Underwriter. Selects individual life insurance risks, binding the company on each contract.

Core Responsibilities

Appraises, classifies, and takes action to approve or decline applications for new insurance, changes of plan, conversions, exchanges, reinstatements, and additions of benefits. Determines extra premiums for medical impairments and special hazards such as aviation, occupation, foreign residence and travel, and unusual avocations. Classifies each insurance applicant to eliminate adverse selection while maintaining equitable mortality. *Work on applications both in French and English if required.
Provides a second review of special cases for accuracy and adherence to underwriting standards as needed.
Communicates with field force and Home Office personnel regarding insurance applications and adjustments. Answers routine inquiries from other departments and field force concerning the Orders underwriting policies, practices, and procedures related to individual applications.

Skills Qualifications

Required:

Knowledge of medical terminology and human anatomy; ability to understand and apply medical knowledge to insurance applications.
Knowledge of federal and state insurance regulations Preferred:
Knowledge of company policies and insurance products/offerings
Problem-solving and analytical skills
Good business judgment/risk assessment skills
Effective oral and written communication skills
Capable of making informed, independent decisions
Attention to detail

Education

Required
BS or BA degree. LOMA and ALU courses. Or relevant experience.
5-7 years of individual life underwriting experience or equivalent combination of education and experience

Duration: Direct Hire
Location: REMOTE EST

Pay Rate: $70-90K DOE

Qualified candidates are encouraged to apply immediately!
Please include a clean copy of your resume, salary expectations and any references.