Underwriter

Chubb•Chicago, IL

6d•$45,200 - $76,900

About The Position

Chubb Benefits is seeking a Underwriter to join our fast-paced, high energy, growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working, talented professionals! The ideal candidate will have experience in Health & Life Underwriting. The individual will analyze applications, review prior application data, claim history and supporting documents to determine if application can be issued immediately, or if further investigation is required. Perform necessary system transactions to correct application record. Contact agents and applicants to clarify and correct inconsistent information. Evaluate existing coverage amounts (this company and others) to determine benefit amounts and replacement regulations. Examine appropriate underwriting parameters for guidance in determining if additional information is needed to evaluate risk. Authenticate income and occupation class and equate to benefits applied for. Evaluate medical and non-medical information generated by the underwriting process, to properly assess and classify the risk. Review completed phone interviews and review medical records to approve or decline application. Perform necessary system transactions to approve or decline applications

Requirements

Strong knowledge of medical terminology
Strong analytical and problem-solving skills
Experience working with field sales business partners
Responsive and customer focused
Ability to negotiate and resolve conflicts
Strong attention to detail and organization skills
Ability to communicate verbally and in writing
Proficient computer skills using various software packages
Ability to work in a fast-paced, high-volume environment
Strong relationship building skills
3 – 5 years of Health/Life Underwriting experience
BA/BS degree preferred or related work experience

Responsibilities

Analyze applications, review prior application data, claim history and supporting documents to determine if application can be issued immediately, or if further investigation is required.
Perform necessary system transactions to correct application record.
Contact agents and applicants to clarify and correct inconsistent information.
Evaluate existing coverage amounts (this company and others) to determine benefit amounts and replacement regulations.
Examine appropriate underwriting parameters for guidance in determining if additional information is needed to evaluate risk.
Authenticate income and occupation class and equate to benefits applied for.
Evaluate medical and non-medical information generated by the underwriting process, to properly assess and classify the risk.
Review completed phone interviews and review medical records to approve or decline application.
Perform necessary system transactions to approve or decline applications