Remote Underwriting Risk Audit Associate

Legal & General America; Urbana (MD); Remote; USD 110,000 - 135,000; Full time

Benefits offered by this job

Health, life, and dental insurance

401K with company match up to 6% and a

Pension package

Generous time off

9 paid holidays

Job summary

Banner Life Insurance Company is seeking an Underwriting Risk Audit Consultant I to conduct real-time audit file examinations for underwriters at E5, E6, and E7 grades. This role ensures adherence to company standards, preserves mortality pricing integrity, and reviews Post Issue APS files.

The position requires 8+ years of experience in life underwriting, strong analytical skills, and proficiency in MS Word/Excel/Access/PowerPoint.

Qualifications

• BS/BA degree preferred or applicable work experience.
• 8+ years of individual life underwriting experience.
• Working knowledge of Microsoft Word, Excel, Access and PowerPoint.
• Extensive experience with large case and impaired risk underwriting.
• Industry coursework: FALU, CLU, ChFC, LOMA.

Responsibilities

• Identify risks not underwritten in compliance with company standards of underwriting.
• Report to VP, Underwriting Audit any findings requiring further review or action by management.
• Communicate with Underwriting Management where the file examination has uncovered noncompliance with Company standards of underwriting.
• Document results of file examinations, identifying specific areas of noncompliance or deficient underwriting.
• Provide recommendations to Underwriting Audit/Management as to potential weaknesses in underwriting training.
• Provide quality control review to identify any administrative errors affecting product delivery to the consumer.
• Perform ad hoc audits on individual underwriters as requested by Underwriting Management.
• Report to Underwriting Audit/Management any inconsistencies or deficiencies in the risk selection process.
• Complete other assignments/functions as directed.

Skills

Underwriting

Attention to detail

Education

BS/BA degree

Industry coursework (FALU, CLU, ChFC, LOMA)

Tools

Microsoft Word

Excel

Access

PowerPoint

Job description

Banner Life Insurance Company is seeking an Underwriting Risk Audit Consultant I to conduct real-time audit file examinations for underwriters at E5, E6, and E7 grades. This role ensures adherence to company standards, preserves mortality pricing integrity, and reviews Post Issue APS files.

The position requires 8+ years of experience in life underwriting, strong analytical skills, and proficiency in MS Word/Excel/Access/PowerPoint.