Immediately Require Life Insurance Senior Underwriter I - Remote in McKinney, TX
Job title: Life Insurance Senior Underwriter I - Remote
Company: Globe Life
Job description: Life Insurance Senior Underwriter I - Remote
At Globe Life we are always looking to connect with talented Life Insurance Underwriters who can play a key role in the companys growth. This year will be an exciting time to join our Underwriting team because we have undertaken a transformational effort to update our tools to achieve accelerated underwriting.
We are actively networking with Underwriters due to the growth in our underwriting department. If you are interested in learning more about underwriting opportunities at Globe Life and you are open to a new opportunity, connect with us today.
We offer a competitive salary and a robust benefits package, including 401(k) match, pension plan, medical, dental, and vision health plans, short and long-term disability, paid time off, tuition reimbursement, and other career development opportunities.
Job Summary
The Senior Underwriter is responsible for screening life insurance applications for selection of risks rendering an issue standard, rate, or decline disposition with the guidance of an underwriter or written guidelines. The person will handle the implementation of underwriting policies and procedures related to the processing of new business and underwriting processes as related to other department processes. All duties require identification of medical terminology, identification of prescription medications, use of the Swiss Re Underwriting manual, and evaluation of MIB, phone calls, motor vehicle records, lab results, paramedical exams, and medical records.
Primary Duties & Responsibilities:
- Responsible for screening life insurance applications including trial applications for selection of risks rendering either an issue standard, rate, or reject disposition
- Implementation of underwriting policies and procedures related to the processing of new business and other department processes
- Implementation of medical guidelines using the Swiss Re Underwriting manual and internal company notes
- MIB code reporting and interpretation of MIB code data
- Review and evaluate results of oral saliva tests
- Review and evaluate results of agent verification calls and other underwriting phone calls
- Review and evaluate motor vehicle records (MVRs)
- Review and evaluate prescription (Rx) histories to determine associated health conditions
- Review, summarize, and evaluate medical records (APSs)
- Review and evaluate paramedical exams and lab results
- Respond to customer service inquiries regarding dispositions
- Evaluate health information received with add-ons, modifications, and reinstatements
- Serve as the underwriting contact for top level Agents for underwriting information and escalated issues
- Handle sensitive cases and positive drug screens
- Handle aging cases where all information is not received to make a final decision
- Handle referrals from other underwriters and screeners
- Assist with training of underwriters and screeners
- Assist with other underwriting areas as deemed necessary by department management