Foresters Financial

Foresters Financial

Senior Underwriter

Remote Office - US, USA · Senior

Sponsorship not specified$72k-$105kDetected 84 days ago
RecruitingResearchCommunicationActuarial ScienceUnderwriting

About the role

  • The incumbent will work closely with and establish strong relationships with company stakeholders including New Business, Actuarial, Claims, and Distribution.
  • Salary Range: $71,500.00 - $104,500.00 The actual base salary for this position will depend on several factors, including job-related skills, experience, and education.
  • In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.

Responsibilities

  • Establish and maintain effective relationships with producers, including communicating the underwriting decision
  • Efficiently document the applicant file on the Underwriting systems as additional information is received.

Requirements

  • Consultation and communication skills to request information from a broad range of resources/professionals as required
  • Travel to Head Office, Toronto, Ontario, Canada will be required.

Nice to have

  • Arrange for any additional required assessments from professional resource contacts and contact the producer to obtain missing application information
  • Consult with Chief Underwriter as required on complex underwriting issues
  • Initiate processes to refer application files for reinsurance as required
  • Compose related correspondence to members/producers related to the information required to assess the application with appropriate reconsiderations, where possible
  • Other projects and duties as assigned
  • A minimum of five (5) plus years of underwriting experience
  • Achieved AALU and working towards FALU/FLMI designations
  • Experience with simplified issue and final expense type products

Compensation

  • $71,500.00 - $104,500.00
  • The actual base salary for this position will depend on several factors, including job-related skills, experience, and education.
  • In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.
  • $71,500 - $104,500 USD

Benefits

  • Review insurance application files for new business, reinstatements and coverage change requests
  • Order required medical tests/assessments, as required.
  • Access (decode) confidential medical information related to the applicant through the Medical Information Bureau (MIB)
  • Code and enter data from received medical reports to the information system
  • Work with the Medical Director on cases as required
  • Strong medical and financial underwriting knowledge

Equal opportunity

  • Employment and Inclusion - at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves.
  • Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process, please email accommodations@foresters.com in advance of your appointment.
  • Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.
  • Employment and Inclusion - at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants.

This listing is sourced directly from Foresters Financial's careers page and normalized into a canonical job model.