Underwriting Risk Audit Specialist I

Banner Life family of companies | life insurance; Frederick (MD); A distancia; USD 110.000 - 135.000; Jornada completa

Descripción de la vacante

Banner Life Insurance Company is seeking an Underwriting Risk Audit Consultant to perform real-time file examinations of life insurance cases at grades E5–E7, ensuring compliance with company standards and preserving pricing integrity.

You will document findings, communicate with underwriting management, and provide actionable recommendations to strengthen underwriting training and processes, while conducting ad hoc audits as directed by leadership.

Formación

• Minimum 8 Years Of Individual Life Underwriting Experience.
• Working knowledge of Microsoft Word, Excel, Access and Power Point.
• Extensive experience with large case and impaired risk underwriting.
• Knowledge of underwriting and policy issue processes.

Responsabilidades

• Identify risks not underwritten in compliance with company standards of underwriting.
• Ascertain that all randomly selected approved cases are reviewed daily for compliance.
• Report findings to VP, Underwriting Audit and management.
• Communicate with Underwriting Management on noncompliance issues.
• Document results of file examinations with specific noncompliance areas.
• Provide recommendations to improve underwriting training and processes.
• Provide quality control reviews to identify administrative errors.
• Perform ad hoc audits on individual underwriters as directed.
• Report inconsistencies in risk selection identified during file examinations.
• Complete other assignments/functions as directed.

Conocimientos

Underwriting

Risk assessment

Policy issuance

Educación

BS/BA Degree Preferred Or Applicable Work Experience

Industry coursework (FALU, CLU, ChFC, LOMA)

Herramientas

Microsoft Word

Microsoft Excel

Microsoft Access

PowerPoint

Descripción del empleo

Banner Life Insurance Company is seeking an Underwriting Risk Audit Consultant to perform real-time file examinations of life insurance cases at grades E5–E7, ensuring compliance with company standards and preserving pricing integrity.

You will document findings, communicate with underwriting management, and provide actionable recommendations to strengthen underwriting training and processes, while conducting ad hoc audits as directed by leadership.