Insurance Application Analyst

About the role

As an Insurance Application Analyst, you will play a key role in auditing submitted applications for accuracy and completeness. You will review and be authorized to render underwriting decisions within stated guidelines, and also support various ancillary tasks as required.

Responsibilities

• Serving as a quality checkpoint, responsible for reviewing all new business applications to ensure accurate data entry.
• Reviewing 'final expense' and 'simplified issue' applications with the goal to render a decision on insurability: approvals, declinations, and plan changes within stated guidelines (authorized approval limit of $300k).
• Conducting research to determine applicant coverage, including MVR searches, criminal record searches, various vendor websites, etc.
• Monitoring and identifying concerns with agent business practices.
• Responsible for reviewing the life being underwritten and determining the necessary requirements to continue the review process.
• Preparation of the actual correspondence that goes out to the agent.
• Entering accurate and complete detailed notes on the operating system to ensure that anyone reviewing the case understands what action has been taken, why it has been taken, and what is currently required on the file.

Qualifications

• Solid understanding of all company products, plans and applications.
• Solid working knowledge of MIB codes and medications pertinent to all products and plans.
• Strong knowledge of MS Word, Outlook and Excel and the ability to learn internal operating systems quickly and effectively.
• Ability to work independently as well as work effectively in a team environment.

Benefits

• Flexible Health, Dental and Vision insurance
• 401(k) + company match
• PTO
• Employee and family assistance program
• Performance bonus

Schedule

Hybrid work environment, supported by flexibility and access to inspiring and innovative workspaces.

This response is AI-generated, for reference only.