Underwriter

knightsofc

2d • $70,500 - $120,000 • Remote

About The Position

Underwrites individual life insurance contracts ranging in amounts through $500,000. May occasionally work on applications of higher amounts subject to review by a higher ranking Underwriter. Selects individual life insurance risks, binding the Knights of Columbus on each contract.

Requirements

• Knowledge of medical terminology and human anatomy; ability to understand and apply medical knowledge to insurance applications.
• Knowledge of federal and state insurance regulations
• BS or BA degree. LOMA and ALU courses.

Nice To Haves

• Knowledge of KofC 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
• 2-5 years of individual life underwriting experience or equivalend combination of education and experience.

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.
• 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.

Benefits

• Time Away: 13 paid holidays per year in addition to vacation and paid sick leave, and flexible workweek schedules.
• Professional Development: Certifications, designation, and tuition reimbursement.
• Retirement Benefits: 401(k) retirement savings plan with matching company contributions, and cash balance retirement plans fully funded by the company.
• Short-term disability and term life insurance fully paid for by the company;
• Up to 12 weeks of childbirth leave under STD policy.
• One week of fully paid parental leave for all new parents, including adoptive and foster parents.
• A variety of health insurance options, including premium-level family coverage and a pre-tax Health Savings Account with employer contributions. The Order's health plans do not cover abortion, sterilization, or contraception, and the Order has helped advocate for other employers who do not want to provide coverage.
• Long-term disability insurance;
• Dental insurance;
• Vision insurance;
• Health club membership reimbursement;
• Employee Assistance Program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level