Overview
Primary Responsibilities:
- Partnering with the underwriting team to ensure the rules engine is accurate, efficient, and effective in assessing risk that aligns with mortality and risk management expectations.
- Monitoring and analyzing the performance of the rules engine and making recommendations for improvements as needed.
- Participating in post-issue audit reviews.
- Reviewing and addressing applications that have been escalated for further review by internal marketing, agents, brokers, or uplines.
- Evaluating the underwriting process for potential gaps to strengthen fraud mitigation efforts
- Assisting the underwriting team with review of referred applications in production, as needed.
- Supporting our marketing partners, as needed, relating to questions, potential underwriting changes, or educational materials.
- Cross-functional collaboration, working with the life claims department and special investigations team members to incorporate claims experience and fraud mitigation strategies into rule refinements.
Knowledge and Requirements:
- Bachelor’s degree and 5+ years of life insurance underwriting experience are preferred.
- 2+ years of experience with automated underwriting rules is preferred.
- Experience with underwriting rules implementation and optimization.
- Demonstrated experience in analyzing underwriting data and metrics
- Proficient understanding of life insurance underwriting principles, medical impairments, and risk assessment.
- Working knowledge of automated underwriting platforms and rules-based systems
- Familiarity with fraud detection techniques in insurance underwriting
- Collaborative approach to working with cross-functional teams
- Demonstrated ability to interact with agents/producers to gather information, discuss cases, or other underwriting information professionally and effectively.
