Underwriting Analyst 3
Core
Equitable and sound underwriting decision of all applications submitted (paid and unpaid) within turnaround time, protecting the company against uninsurable risk.
Role type
Senior IC underwriting analyst (life insurance)
Builds
Life insurance policies and risk assessments
Domain
Life Insurance
Required skills
Risk classification, Medical assessment, Financial risk assessment, Geographical risk assessment, AML checks, Policy provisions knowledge, Rated proposal generation, MIB reporting, Team supervision
Preferred skills
LOMA certification, AALU certification, FALU certification
Technologies
CAS, NB Tracking System, Inotify mail
Responsibilities
Check completion of documents submitted, Sort and match requirements for underwriting, Classify occupation and assess build, family history, financial, residential/geographical risk, and medical information, Order requirements to assess risk (Medical Examination, APS, blood test), Document information in CAS underwriting notes, Conduct AML checks and liaise with AML Officer or Chief Underwriter when positive, Discuss complex cases with senior underwriter or medical consultant, Underwrite medical and complex cases (ECI and HIB) within approval authority, Underwrite medical and complex cases (ECI and HIB) referred by junior underwriters, Underwrite medical and complex cases (ECI and HIB) beyond approval authority with proposed decision approved by Team Leader or higher authority, Provide loading and generate rated proposal and letter for sub-standard cases, Prepare declined, postponed/deferred letters, Report impairments to the Medical Information Bureau (MIB), Handle inquiry cases including alpha search and consolidating total risks, Ensure all pending cases are properly filed on daily basis
Seniority
Senior, hands-on IC with team supervision