Underwriter (Life) jobs in Detroit, MI

Overview

AAA Life Insurance Company is hiring for a Life Insurance Underwriter that will, analyze, evaluate and classify risk for life insurance applications. This underwriter will determine whether to approve, modify or decline a risk through evaluation of an individual's medical history or physical condition, occupational hazards, financial background, insurable interest and other information pertinent to the decision. Has contact with the field sales team, customers and vendors to gather information on which to base decisions. Has authority to approve cases up to specific standard and substandard limits.

 Note: 

• Mortgage underwriting experience will NOT be considered
• Call volume on average is about 4-6 calls a day. Regular late night is 1 day every other week.  Friday night late nights are rotated which is about 1 per quarter.  

 Position Responsibilities

• Reviews for acceptance or denial, assigned life applications with face amounts up to $1,000,000 fully underwritten
• Determines and assures that appropriate information necessary to fulfill underwriting requirements has been requested such as; re-examinations, special exams, medical reports, database research, investigations and laboratory studies
• Interprets MIB codes, and prepares data and reports to the Medical Information Bureau, which involves knowledge of MIB code meanings and procedures.
• Provide support for contract change and reinstatement underwriting that may be required.
• Prepares presentations for underwriters or sales agents that assist with training and development.

Qualifications

• 2 year College Degree in Finance, Business or Economics or equivalent work experience preferred • 1-2 years’ Life Insurance industry experience (sales experience or strong life insurance sales support and training)• Knowledge of life and annuity sales strongly preferred• Experience reviewing medical records and interpreting MIB codes

• Proficient in Microsoft Word, PowerPoint and Excel• Strong communication skills – verbal and written• Possesses some technology knowledge of insurance system applications and data• Works well in a team environment• Demonstrates proactive skills• Willingness to work extended hours and weekends, if required• Ability to effectively function in a fast-paced team environment• Demonstrates a high level of independence and creativity, and looks for opportunities to initiate and follow through on new projects and opportunities• Strong organizational and follow-up abilities• Ability to thrive in fast-paced challenging environment

What We Offer:

• A collaborative, energetic work environment where you can put your passion for people to work
• Medical, Dental, Vision, Life and Disability coverage available day one
• Pension Plan
• Performance-based incentive plan
• 401k available with a Company match
• Holidays and Paid Time Off
• AAA Basic Membership

Posted Salary Range