Senior Life Underwriter

Michigan Farm Bureau•Lansing, MI

13d

About The Position

Senior Life Underwriter Objective To provide underwriting services for the Life department and Field Force, utilizing company approved solution methods and underwriting guidelines. To provide training of the Underwriting staff. To ensure timely and sound underwriting decisions for the entire unit. Utilize data analytics and underwriting outcomes to regularly evaluate, improve, and streamline the underwriting functions. Maintain expertise in leveraging automated underwriting systems to augment underwriting goals and objectives.

Requirements

Bachelor’s degree required with focus on insurance, business, finance or medical field, required or equivalent ten years underwriting experience may be considered.
Minimum seven years life underwriting experience or equivalent required.
Financial underwriting experience required.
Experienced computer usage and proven skills in Microsoft Office including Excel or similar spreadsheet software required.
Medical terminology knowledge required.
Willingness to pursue continuing job-related training and education required.
FALU, FLMI, CLU, ChFC, or LLIF designation required or actively pursuing.

Responsibilities

Underwrite and process larger and complex life insurance applications and determine facultative reinsurance liabilities based on established rules.
Maintain approval authority up to $4,000,000.
Correspond by e-mail, telephone, and systems with clients, agents, doctors, paramedical facilities, reinsurers, service laboratories, commercial inspection companies, and other organizations to gather information necessary to properly underwrite risks.
Maintain awareness of changes in underwriting industry related to risk selection, underwriting techniques, and data and technical advancements.
Participate in industry educational programs.