This position has a fully remote work schedule.
Job Title: Advanced Underwriter
WoodmenLife is looking to hire an Advanced Underwriter to join our team!
In this role, you will evaluate applications for life insurance to determine insurability by investigating the applicant’s financial, medical and non-medical background. You will be responsible for the final action of acceptance, modification or declination due to risk within assigned approval limits.
WoodmenLife is one of the best places to work in Omaha, with more than 135 years of service rooted in purpose and community. Since 1890, WoodmenLife has been dedicated to helping hardworking Americans secure their families’ financial futures and leave a lasting legacy. As a purpose‑driven, not‑for‑profit life insurance company, our commitment is to our members and the communities they call home.
As a member of the WoodmenLife family, you’ll join others who share a commitment to family, community, and country. We offer a comprehensive benefits package including health, dental, vision, 401(k), life insurance, and more. Apply today to learn more!
We are looking for someone to:
- Responsible for the accurate evaluation and processing of life insurance applications up to $1,500,000 from preliminary review to final risk assessment.
- Underwrites new and inforce individual life insurance applications, simplified and Family Term Life applications within guidelines set for the issuance of policies as assigned; determining whether to accept, modify, or decline a risk within assigned approval limits. This is done through the evaluation of an individual’s medical history or physical condition, occupational/aviation/avocation hazards, financial background, insurable interest, insurance currently in force, and other information pertinent to the decision.
- Analyzes the impact of decisions on inforce certificates, and takes appropriate action, making any changes to existing business as required.
- Balances all decisions based on the risk/expense to WoodmenLife and the desire to issue business.
- Communicates with the Sales Force, Medical Facilities, Vendors, Insurance Companies, Reinsurers, Applicants/Members, Underwriting Management, or Medical Director to gather information on which to base decisions, and to discuss underwriting actions.
- Identifies potential fraud/misrepresentations. Advises appropriate individual/areas on these cases for further action.
- Reviews and takes action on reinstatements and changes on existing policies as workload requires.
- Researches complaints related to underwriting decisions and develops verbal and written responses.
- Ensures that all work is completed within the department’s time service standards.
- Processes second stamp review of assigned cases within approval limits.
- Assists in the development and delivery of training to underwriters as assigned.
- Develops and delivers presentations on pertinent topics as required.
- Continually reviews and analyzes the workflow to provide efficient service and to meet service level goals. Makes recommendations for changes that enhance the process and improve customer service.
- Assists team supervisor in evaluating lower level underwriters based on observations of cases reviewed, questions asked, and the underwriter’s general abilities.
We need someone who has:
- High School diploma or equivalent education/experience. College degree in a related field preferred.
- Three to five years previous experience working in a medical field or as an underwriter in the insurance industry.
- Knowledge and demonstrated experience using medical terminology, medical disorders, and their significance to life insurance is desired.
- Excellent interpersonal skills demonstrated through critical thinking, conflict resolution, ability to problem solve and make sound decisions.
- Ability to be self-motivated, work with high level of concentration, display a high attention to detail and reading comprehension.
- Ability to organize and prioritize work in order to effectively meet deadlines in a high stress environment.
- Ability to work across multiple operation systems.
- Strong written and verbal communication skills with the ability to explain reasoning effectively.
- Strong negotiation and presentation skills desired.
- Ability to maintain confidentially, sensitivity and professionalism in difficult situations.
- Ability to work effectively in a team environment and be seen by others as a leader. Must possess the ability to provide co-workers with effective and constructive performance feedback.
- Completion of LOMA 280, 290, 311, ALU 101 (ALU Certificate); and EKG class preferred.
- The ability to provide seamless, trustworthy, attentive and resourceful (S.T.A.R.) customer service.
- Engages well with others and are passionate about providing an exemplary customer experience.
If you're ready to make an impact in your community, we’d love to hear from you. Apply today!
As part of WoodmenLife’s employment process, candidates will be required to complete a criminal background check, credit check (when required for position), fingerprint check (when required for position), drug screen and reference checks. Any offer of employment will be contingent upon successfully passing the above.
WoodmenLife is welcoming to all regardless of background and beliefs. WoodmenLife respects every associate’s unique perspective and contribution. We are committed to creating an environment that values differences, and creates opportunities for growth, leadership and service. This commitment includes providing equal opportunity in recruitment, employment and promotion, training and community outreach. WoodmenLife is also dedicated to strengthening the communities in which its employees live.
APPLICANTS WITH DISABILITIES SHOULD ADVISE THE HUMAN RESOURCES DEPARTMENT AT THE TIME OF APPLICATION IF SPECIAL ACCOMMODATIONS ARE NEEDED.
Woodmen of the World Life Insurance Society (WoodmenLife) is an equal opportunity employer.
Three to five years in a medical/underwriting role; high school diploma required; bachelor’s preferred; LOMA/ALU certifications desirable; strong analytical and communication skills.
Key Responsibilities
- evaluate applications
- underwrite life
- analyze risk
Job Details
- Category: Finance and Accounting
- Seniority: Mid Level
- Commitment: Full Time
- Workplace: Remote — Omaha, Nebraska, United States
- Salary: USD 60,000 – 90,000 / year
- Languages: English
About Woodmenlife
A life insurance company focused on member service and community impact. — Industry: Finance