Annuity Claims Specialist -Remote

Synergistic Systems, Inc.; Charlotte (NC); Remoto; USD 70.000 - 90.000; Tempo integral

Resumo da vaga

Synergistic Systems Inc is hiring on behalf of a major Life Insurance carrier for a remote Annuity Claims Specialist. The role reviews contestable annuity claims and evaluates MIB inquiries for an existing book of business, with a focus on underwriting and reinstatement processes.

Ideal candidates have 4+ years in annuity claims, strong communication, and the ability to work independently. Bachelor’s degree or equivalent is required; CAS/LACP/CAA certifications are a plus.

Qualificações

• 4+ years of Annuity Claims experience.
• Strong product knowledge of annuities and life insurance.
• Excellent verbal and written communication skills.
• Independent work with minimal supervision.
• Experience with MS Office products.
• Certified Annuity Specialist (CAS), Life and Annuity Certified Professional (LACP) or Certified Annuity Advisor (CAA) is a plus.
• Bachelor's degree or equivalent combination of education/experience.
• Nice to have experience with the Resonant underwriting platform.

Responsabilidades

• Review contestable death claims related to annuities and evaluate MIB inquiries.
• Evaluate cause of death and underwriting history to determine policy reinstatement.
• Run MIB checks and report MIB codes.
• Route claims and reinstatement inquiries to underwriting queue; use secure email.
• Use multiple proprietary systems to process claims.

Conhecimentos

Verbal and written communication

Multitasking

Analytical thinking

Investigative mindset

Learn new systems quickly

MS Office proficiency

Life insurance knowledge

Annuity Claims experience

Independent work

Certifications (CAS/LACP/CAA) a plus

Formação

Bachelor's degree or equivalent

Ferramentas

Resonant underwriting platform

Descrição da vaga

Our client, a major Life Insurance carrier is seeking an Annuity Claims Specialist for a long term (2 year minimum) contract position. This job can be worked remotely. The Annuity Claims Specialist will review contestable death claims related to annuities and evaluate Medical Information Bureau (MIB) inquiries for an existing book of business. Annuity Claims Specialist responsibilities include the following:

• Contestable claims review will require an evaluation of the cause of death and validating that there was no material misrepresentation with the original health history that was used at the time of the policy issue, or that was provided during a reinstatement that required medical underwriting.
• Policy reinstatement requests will include evaluating client responses to medical questions, medical examinations, lab work, or review of physician’s records to complete the underwriting risk evaluation to determine whether a lapsed policy should be placed back in force. Use of Swiss Re manual for risk assessment. Run manual MIB for all reinstatement requests and report MIB codes
• MIB inquiries: Medical Information Bureau may request member firms to validate prior medical condition reports made on individual annuity applicants.
• Business Process: Claims and reinstatement inquiries are received at insurance carrier administrative offices and are routed to an underwriting queue for review and evaluation. MIB inquiries will be sent via secure email for review and response.

Requirements:

• Ideally, candidates should have good product knowledge of annuities and life insurance.
• Strong verbal and written communication skills, ability to multitask, and logic is preferred.
• Claims and or underwriting background is preferred.
• Candidates should have an investigative mindset. Determined to seek answers if something does not make sense.
• Will use multiple proprietary systems top process claims, so ability to learn new systems quickly is critical.
• Solid experience with MS Office products.
• At least 4 years of Annuity Claims experience.
• Candidates with strong Life Insurance Death Claims experience will be considered.
• Works well independently or with minimal supervision
• Certified Annuity Specialist (CAS), Life and Annuity Certified Professional (LACP) or Certified Annuity Advisor (CAA) certifications, courses or designations are a big plus.
• A bachelor’s degree or equivalent combination of education/experience.
• Nice to have : Experience with the Resonant underwriting platform.

This is a remote position.