Underwriting Assistant

Wingedkeelgroup; Chicago (IL); On-site; USD 42,000 - 60,000; Full time

Benefits offered by this job

Annual bonus eligibility

Comprehensive benefits package

Job summary

Winged Keel Group is seeking an Life Insurance Underwriting Assistant to provide essential administrative support to the underwriting team. You will handle case setup, order required checks, APSes, and assist with application delivery and signatures.

Ideal candidate has a Bachelor’s degree, exceptional attention to detail, and strong written and verbal communication. Proficiency in Word/Outlook with basic Excel/PowerPoint is expected; fast-paced environment experience is a plus.

Qualifications

• Bachelor’s degree required.
• Excellent attention to detail.
• Strong written and verbal communication skills.
• Ability to work independently and as part of a team.
• Ability to manage multiple tasks and meet deadlines.
• Proficient in Word and Outlook; basic knowledge of Excel and PowerPoint.

Responsibilities

• Case set up and create/update case records in database.
• Order Prescription Checks and MVRs.
• Order APSes and track underwriting progress.
• Complete life insurance applications and prepare for delivery.
• Prepare documents for signature via DocuSign and for MHS paperwork.
• Distribute and file carrier product and underwriting updates.
• Develop basic knowledge of carrier products.
• Use resource sites to download correct application paperwork for ongoing cases.
• Enter application and policy information in company database.
• Review policies and prepare policy delivery package and cover letter.
• Fax documents to carriers and vendors; copy and scan documents.
• Create FedEx labels and oversee sending packages by messenger.
• Break down underwriting files after case closes and transition to Client Services.

Skills

Attention to detail

Strong communication

Independent and team work

Time management

Multitasking

Deadline oriented

Organize and prioritize

Pressure handling

Education

Bachelor’s degree

Tools

Word

Outlook

Excel

PowerPoint

Job description

Firm Summary:

Winged Keel Group is the premier national platform for the structuring, implementation, and administration of high-end life insurance solutions. With eleven offices nationwide, the firm specializes in Traditional Life Insurance, Business Continuation Insurance, Private Placement Life Insurance and Annuities, and Corporate-Owned Life Insurance portfolios.

Position Summary:

The Life Insurance Underwriting Assistant acts as an instrumental resource by providing administrative support to the Underwriting team with case set up, ordering and preparing insurance company forms, tracking underwriting requirements, and entering data for new policies.

Position Responsibilities:

• Case set up: Create and update case record in database
• Order Prescription Checks and MVRs
• Order Attending Physician Statements (APSes) and track progress
• Complete life insurance applications and prepare for delivery, tagging for required signatures
• Prepare documents for signature on DocuSign
• Prepare and submit MHS paperwork for approval
• Distribution and filing of carrier product and underwriting updates
• Develop basic knowledge of carrier products
• Use resource websites to download correct and complete sets of current application paperwork for cases moving forward
• Enter application and policy information in company database
• Carefully review policies, and prepare policy delivery package and cover letter
• Fax documents to insurance carriers and vendors
• Copy and scan applications, policies, and other documents
• Create FedEx labels and packages, and oversee sending out packages via messenger service
• Break down Underwriting files when a case closes and transition the case to the Client Services team

Ideal Candidate will Possess the Following:

• Bachelor’s degree
• Extremely strong detail orientation
• Strong communications skills - written and verbal
• Strong ability to work independently and as part of a team
• Ability to work with repetitive routine processes and maintain accuracy and efficiency
• Ability to organize, prioritize and manage multiple tasks and requests
• Ability to set and meet deadlines
• Ability to perform well under pressure
• Ability to multi-task and handle multiple requests
• Proficiency in Word and Outlook and basic knowledge of Excel and PowerPoint
• Ability to operate in a fast-paced environment along a steep learning curve

Working Conditions/Demands/Complexity:

• Required to work on a computer for a substantial part of the day
• A strong fundamental skillset in the above areas from the outset. Candidate will have a unique opportunity to apply and grow these skills in a highly productive, successful, and challenging environment

Compensation / Benefits:

• Attractive annual compensation package is commensurate with experience
• Eligible for annual performance-based bonus
• Comprehensive benefit package includes medical, dental, life, disability, 401(k), Flexible Spending Account, and other voluntary benefits.