Senior Underwriter

Overview

Core Responsibilities

• Appraises, classifies, and takes action to approve or decline applications for new insurance, changes of plan, conversions, exchanges, reinstatements, and additions of benefits. Determines extra premiums for medical impairments and special hazards such as aviation, occupation, foreign residence and travel, and unusual avocations. Classifies each insurance applicant to eliminate adverse selection while maintaining equitable mortality. *Work on applications both in French and English if required.
• Provides a second review of special cases for accuracy and adherence to underwriting standards as needed.
• Communicates with field force and Home Office personnel regarding insurance applications and adjustments. Answers routine inquiries from other departments and field force concerning the Orders underwriting policies, practices, and procedures related to individual applications.

Skills Qualifications

Required:

• Knowledge of medical terminology and human anatomy; ability to understand and apply medical knowledge to insurance applications.
• Knowledge of federal and state insurance regulations Preferred:
• Knowledge of KofC policies and insurance products/offerings
• Problem-solving and analytical skills
• Good business judgment/risk assessment skills
• Effective oral and written communication skills
• Capable of making informed, independent decisions
• Attention to detail

Education

• Required
• BS or BA degree. LOMA and ALU courses.
• Preferred
• 5-7 years of individual life underwriting experience or equivalent combination of education and experience

Compensation

The wage range for this role takes into account a broad array of factors that are considered in making compensation decisions, including but not limited to: skill sets; experience and training; licensure and certifications; and other business and organizational needs.  The range below applies as long as the work is performed in Connecticut; the Knights of Columbus reserves the right to adjust the wage range if the position is performed in another location.  At the Knights of Columbus, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $69,600-$115,000.

Authorization to work in the United States is required

This position is not eligible for visa sponsorship

Physical Demands