Senior Life Underwriter job in washington

Initial screening and evaluation of applications for coverage of all face amounts up to $1,000,000 in accordance with Association Policy and Procedure

Work with the Manager on applications which require adverse action approval and all matters dealing with the establishment of medical standards

Liaison with underwriting vendors to order medical examinations, laboratory services, and medical records as needed

Under the general direction of the Manager oversee the efforts of the other Life Underwriters and Contract Underwriter(s)

Assist with critical review of any death claim made within two years of its effective date for potential contest of benefits payable

Update the medical portion of each of the application forms and/or the medical examiner certificate whenever required, due to a change in medical standards or as directed by the Manager

Responsible for reviewing/approving the accelerated death benefit option (ADBO) and Chronic Illness Option applications/claims

Assist with maintaining and routinely updating Underwriting Manual and standard underwriting policies

Assist with providing the staff with necessary training, using the Underwriting Manual and standard underwriting strategies, policies and standards for timely service and production goals

Attend Industry meetings and Conventions, as assigned, in order to help maintain current, industry best practices within the department and continue to develop skills and knowledge with risk assessment

Provide support in incorporating changes in current products and/or new products, processes and systems within the department, and identify and make recommendations for improvements to enhance productivity

Qualifications:    Bachelor degree in related field and a minimum of 5+ years of experience in life and/or medical underwriting needed. Must also possess superior medical and terminology knowledge, up to date understanding of prescriptions, ability to review and interpret medical histories, ECG, and medical records. Professional designations such as CLU, FLMI, ALU, FALU or other insurance-related certifications or courses preferred. Working knowledge of underwriting operational software, including reporting; and insurance policy administration system experience is essential.