What are the responsibilities and job description for the Underwriter Coordinator position at Forrest T Jones & Company?
Forrest T. Jones & Company, Inc., and its affiliates (“FTJ”), provide insurance and insurance-related services to clients, corporations, employers and individuals. These services include providing benefits through innovative life and health insurance plans, financial services, and customized insurance products for niche markets.
Position Summary
In the role of Underwriter Coordinator, you will work closely with the company who is contracted to analyze risk selection for individually issued life, disability and health coverages on behalf of Fidelity Security Life Insurance Company. In addition, this position will be required to work with various insurance companies that contract with Forrest T. Jones & Company for insurance administrative services. In this position you will be responsible for coordinating submission of applications, assisting with ordering medical information when needed, work with MIB, Datafied and a variety of other vendors to obtain information as needed.
Expectations
- Assists proposed insureds with special problems encountered (such as waiver removals).
- Answers reinsurance companies’ questions regarding proposed insureds, and medical questions referred from Customer Service.
- Assists Executive and Marketing Departments with special cases.
- Determines by interpreting Medical Information Bureau (MIB) codes if additional medical requirements are necessary.
- Audits MIB codes to ensure compliance.
- Evaluates claims history for risk adverse selection, and determines morbidity and mortality by reviewing claim files.
- Orders requirements needed to evaluate risk.
- Assists Underwriting Support by providing staff with answers to questions from proposed insureds.
- Composes letters to physicians explaining and insureds medical condition and the reason for an underwriting decision.
- Performs other related duties as assigned and required.
Competencies
- Proficient knowledge of Individual Underwriting procedures/practices.
- Proficient knowledge of Word and Excel.
- Proficient knowledge of computer systems.
- Comprehensive understanding of medical coding and medical terminology.
- Extremely detailed oriented with proficient organizational skills.
- Excellent customer skills in handling insureds, outside vendors and Insurance Companies.
Requisites
- Prior Underwriting experience helpful
- Advanced analytical skills and medical knowledge
We offer comprehensive benefits to full-time employees including company-paid medical, STD, LTD and life insurance plus voluntary dental, vision, life/AD&D insurance, 401(k) with company matching, generous paid time off and much more.
We encourage applicants of all ages and experience, as we do not discriminate on the basis of an applicant’s age.
ALL OFFERS OF EMPLOYMENT ARE CONTINGENT UPON THE PASSING OF A DRUG SCREEN AND BACKGROUND CHECK.