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
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.
Please include a clean copy of your resume, salary expectations and any references.
Address
Lighthouse Professional Services
New Haven, CT
USA
Industry
Finance and Insurance
Posted date
16 days ago
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