Individual Life Underwriter

The incumbent is required to review policy documents to ensure compliance with company guidelines (both underwriting and compliance) with an aim of assessing and classifying risk.

Pan-American Life Insurance Group is a leading provider of life, accident and health insurance across the Americas. At Pan-American Life, our employees are our greatest asset. We value the collaborative efforts of our employees and partners, and the confidence of the policyholders whose life and health we protect. It is through this long-standing commitment that Pan-American Life continues to succeed.

POSITION – Individual Life Underwriter

JOB SUMMARY

The incumbent is required to review policy documents to ensure compliance with company guidelines (both underwriting and compliance) with an aim of assessing and classifying risk. He/She will be required to complete all necessary processes for counter proposals to be communicated to client/agent. Cross referencing of claims history for all new applicants.

RESPONSIBILITIES

1.       Underwrite: POS, GROUP & New applications with Medical/Non-Medical requirements

• Approve within underwriting limits.
• Make recommendations for cases above limits.
• Request requirements.
• Refer to Manager/Senior or Medical Consultant.
• Refer to Manager/Supervisor or Chief Underwriter cases above limit for Approval.
• Liaise with Claims Department, Agency Services and other Insurance Companies

 2.       Update Change Management System for each Application

 3.       Complete and submit workflow.

 4.       Update cases to be filed Incomplete.

 5.       Liaise with Claims Department for claims history, Check PALICS for previous claims and META FILE for previous insurance and completed required forms documenting findings.

 6.       Perform other related duties which may become necessary from time to time

QUALIFICATIONS AND EXPERIENCE

• Five (5) G.C.E./ C.X.C. Subjects, Biology; Maths & English Compulsory
• A minimum of 5 years’ experience as a Life Underwriter
• LOMA Level 1 (Part 280 & 290); 2&3 and ACS or intention to complete within 1 Year.
• ALU Level 1 would be an asset
• Knowledge of Word, Excel and Outlook