Temporary Associate Underwriter

illumifin • REMOTE, MN

1d

About The Position

The Temporary Associate Underwriter supports the daily operations of the Underwriting Department. The role prepares applications for underwriting review, assesses life and long-term care insurance risk using lifestyle, medical, and cognitive information, and processes approval or decline decisions when indicated. It also handles client-specific ready-to-decide cases requiring only minimal requirements and no medical records; reporting; communications with clients, underwriters, and vendors; and administrative underwriting functions. The position supports application-processing and underwriting email message centers, complies with HIPAA and company policies, participates in required compliance training, and meets established quality and production expectations. Other duties may be assigned.

Requirements

• High school diploma.
• Two years of experience in the insurance industry.
• Working knowledge of medical terminology and expected outcomes based on medical conditions.
• Ability to work independently and prioritize multiple projects and changing workloads.
• Proven ability to meet client expectations and deadlines.
• Ability to type at least 50 words per minute.
• Attention to detail.

Responsibilities

• Prepare application files for underwriting review by determining requirements based on the application and applicable criteria.
• Assess life and long-term care insurance risk using lifestyle, medical, and cognitive information.
• Determine whether applications qualify for approval or decline during review and process the stated decision.
• Prepare correspondence communicating adverse decisions.
• Review and complete underwriting decisions on designated client cases that are ready to decide and require only minimal case requirements, with no medical records.
• Review required weekly, monthly, and quarterly reports and communicate findings internally and externally as required.
• Complete end-of-month reporting for designated clients for billing purposes and submit it to Finance.
• Liaise with clients, Underwriting, and vendors to expedite case requirements and obtain missing information needed to complete files.
• Complete written, verbal, and email communications, adhering to HIPAA, to resolve outstanding matters and complete files for submission to Underwriting.
• Perform administrative underwriting functions for assigned clients in internal administrative and imaging systems and on vendor websites as required.
• Support application-processing and underwriting email message centers.
• Uphold compliance principles in the Code of Conduct, Employee Handbook, and related policies and procedures.
• Support and participate in mandatory Corporate Compliance Program training annually or more frequently as required.
• Meet established quality and production expectations.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED