Underwriter

The position is primarily responsible for the evaluation of risk and insurability of prospective client for life insurance and issuance of policy with classification and premium commensurate to the client's assessed level of mortality risk.

Responsibilities:

• Evaluates accuracy and adequacy of information and documents provided by applicants.
• Determines additional information or documents needed to appropriately underwrite applicant's risk and immediately coordinates additional requirements to soliciting Financial Advisors or Agents.
• Accurately underwrites insurance applications and assesses the risk presented based on the company's underwriting guidelines.
• Provide underwriting decision - Approved, Declined, Postponed (up to the level of authority provided).
• Updates underwriting worksheet and system accordingly by indicating underwriting decision or application status including "Withdrawn/Cancelled".
• Prepares appropriate write up and refer cases beyond his/her authority to the medical consultant and/or Underwriting committee.