About this role
Position: Underwriter I Department: Life Underwriting & New Business
Job Summary
Examines an applicant’s health status to determine the level of exposure the potential client presents based on company underwriting guidelines. Job Responsibilities Underwrites applications for ordinary life, group life excess, contractual changes, reinstatements; ensuring that the Company’s underwriting Standards and Reinsurance Treaties are adhered to up to prescribed limit(s). Assesses standard and substandard risks on a basis which maintains the mortality rate that is consistent with Company’s objectives and competitiveness in the insurance marketplace.
Interacts with agents to inform of status of applications and facilitate the sales process, clients as needed to make counter offers and HOLUATT member companies. Handles sensitive client information in a confidential manner Consults with the Chief Medical Officer on complex underwriting decisions on a weekly basis under the guidance of the Senior Underwriter. Updates and maintains New Medical Trends and Procedures as directed by Senior Underwriter.
Education & Qualifications Minimum 5 O’Levels and 2 A’ Levels LOMA 280 LOMA 290 Diploma in Business Management or related field would be an asset Experience At least 1-2 years’ experience in Life Underwriting Customer Service Experience would be an asset