Career Opportunity
Role Title
Underwriting Administrator
Purpose of role
The Underwriting Administrator is responsible for providing product support, MIB Plan F support, obtaining underwriting data reports from third party vendors, and backup support for the Senior Underwriting Analyst. They play a key role in supporting the underwriting division through internal and external communications and managing miscellaneous needs for the team.
Job Description
Key Responsibilities:
- Provide timely, accurate underwriting guidance to U.S. producers through the risk assessment process for LiveWell Plus Product
- Communicate underwriting decisions clearly and build effective relationships with producers, sales teams, the Medical Director, and underwriting colleagues
- Provide back-up assistance in the coordination of daily underwriting operations, including workload distribution, pending and post-issue tasks, overtime case lists, production reconciliation, discrepancy escalation, and coverage scheduling
- Assist in the management of invoices, shared-evidence payments, recurring and ad hoc reporting, and business statistics for U.S. and Canadian underwriting operations
- Assist the Senior Underwriting Analyst in variety of tasks related to Vendor management, including, but not limited to: set-up system access for all departments in insurance operations, deal with vendor inquiries, system role outs, and arrange training for underwriters on these changes. reinsurance and reporting Handles bi-annually DMV renewals and annual certifications for various states
- Administer evidence, case-support, and MIB processes, including APS orders, random holdouts, laboratory exceptions, secure records, access, renewals, verifications, code requests, and disclosures
- Coordinate professional memberships, conferences, and courses; maintain knowledge of underwriting legislation, regulations, and industry trends
- Complete other projects and duties as assigned.
Key Qualifications:
- Education (minimum required): Business or medical Bachelor or college degree preferred
- Experience (minimum required): Minimum of 2 years of underwriting administrative experience
- Strong working knowledge of Microsoft Office suite of products, specifically Excel
- Familiar with a variety of individual insurance underwriting documents, , and new software, as required with strong navigation skills
- Must have a good understanding of basics of underwriting processes to be able to trouble shoot and problem solve
- Must demonstracte excellent communication skills, self managed and organized
- Have an analytical mindset with strong attention to detail
- Effective multi-tasking and time management skills, including the ability to adapt to changing demands and priorities while maintaining accuracy and attention to detail
- Demonstrated ability to learn new systems and software
#LI-Remote
The actual base salary for this position will depend on several factors, including job-related skills, experience, and education. In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.
Please note that this posting is intended to fill an existing vacancy; however, there may be instances where more than one vacancy is available for the same role.
Equal Opportunity Employment and Inclusion – at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves.
Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process, please email accommodations@foresters.com in advance of your appointment.
Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.
