Senior IDI Underwriter - Remote - USA
I am partnered with one of the largest US Life Insurance carriers as part of significant growth plans. As a result of a successful 2023, they are looking to expand their experienced IDI Underwriting team!
- Evaluate IDI applications and determine whether applications should be approved, declined, or if additional information is required based on morbidity, financial, and occupational risks according to company guidelines
- Consult with medical directors and IDI Underwriting management for the purpose of resolving complex medical and non-medical histories
- Interpret underwriting policy and implement established guidelines, department procedures, and regulatory directives
- Effectively articulate underwriting decisions and negotiate appeals of underwriting actions
- Work effectively with third-party administrators in the timely and accurate management of all IDI underwriting cases
- Collaborate with agency distribution on a regular basis to promote the IDI product line and build a strong reputation for competitive and responsible offers
- Work with our current or future reinsurance partners to negotiate and secure risk classification for businesses that may exceed morbidity standards, are above retention, or secure a more competitive offer
- Keep current on medical, financial, occupational and multi-life IDI underwriting-related developments; evaluate changes in IDI underwriting market practices and initiate appropriate response
- Assist with developing and mentoring junior underwriters
- Participate in training and development opportunities
Senior IDI Underwriter - Remote USA
I am partnered with one of the largest US Life Insurance carriers as part of significant growth plans. As a result of a successful 2023, they are looking to expand their experienced IDI Underwriting team!
The successful IDI Underwriter will be responsible for:
- Evaluate IDI applications and determine whether applications should be approved, declined, or if additional information is required based on morbidity, financial, and occupational risks according to company guidelines
- Consult with medical directors and IDI Underwriting management for the purpose of resolving complex medical and non-medical histories
- Interpret underwriting policy and implement established guidelines, department procedures, and regulatory directives
- Effectively articulate underwriting decisions and negotiate appeals of underwriting actions
- Work effectively with third-party administrators in the timely and accurate management of all IDI underwriting cases
- -Collaborate with agency distribution on a regular basis to promote the IDI product line and build a strong reputation for competitive and responsible offers
- Work with our current or future reinsurance partners to negotiate and secure risk classification for businesses that may exceed morbidity standards, are above retention, or secure a more competitive offer
- Keep current on medical, financial, occupational and multi-life IDI underwriting-related developments; evaluate changes in IDI underwriting market practices and initiate appropriate response
- Assist with developing and mentoring junior underwriters
- Participate in training and development opportunities
Qualifications
- Bachelor's degree required; industry-related education (DIA, LOMA) desired
- 7+ years of experience in disability/ IDI underwriting
- Knowledge of IDI insurance products and processes
- Experience in handling complex IDI underwriting cases; proven ability to evaluate financial, medical and occupational information to determine the most appropriate underwriting offer; strong working knowledge of medical terminology and awareness of how various medical impairments interact and affect individual morbidity risk
- Experience working closely with medical directors, accounting/ tax and legal resources as needed
- Ability to understand the impact of product form, riders, distribution, regulation, claim management and pricing on underwriting rules and decisions
- Excellent analytical skills; writing and verbal communication and negotiation skills
- Demonstrated ability to collaborate with individuals at all levels of the organization
- Work effectively within a team environment, as well as work independently
- General computer proficiency required
For a confidential conversation please reach out to
Matt.duckworth@oliverjames.com
646-398-6901
Desired Skills and Experience
SENIOR IDI UNDERWRITER - Remote USA
I am partnered with one of the largest US Life Insurance carriers as part of significant growth plans. As a result of a successful 2023, they are looking to expand their experienced IDI Underwriting team!
- Evaluate IDI applications and determine whether applications should be approved, declined, or if additional information is required based on morbidity, financial, and occupational risks according to company guidelines
- Consult with medical directors and IDI Underwriting management for the purpose of resolving complex medical and non-medical histories
- Interpret underwriting policy and implement established guidelines, department procedures, and regulatory directives
- Effectively articulate underwriting decisions and negotiate appeals of underwriting actions
- Work effectively with third-party administrators in the timely and accurate management of all IDI underwriting cases
- Collaborate with agency distribution on a regular basis to promote the IDI product line and build a strong reputation for competitive and responsible offers
- Work with our current or future reinsurance partners to negotiate and secure risk classification for businesses that may exceed morbidity standards, are above retention, or secure a more competitive offer
- Keep current on medical, financial, occupational and multi-life IDI underwriting-related developments; evaluate changes in IDI underwriting market practices and initiate appropriate response
- Assist with developing and mentoring junior underwriters
- Participate in training and development opportunities
