Health Underwriter jobs in Oklahoma

Health Underwriter reviews applications for coverage, gathers data, and assesses risk related to qualifying a candidate for health insurance. Calculates and recommends pricing. Being a Health Underwriter performs group and/or individual underwriting. May require a bachelor's degree. Additionally, Health Underwriter typically reports to a supervisor or manager. The Health Underwriter gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Health Underwriter typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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SBU Underwriter
  • Arvest Bank
  • Del City, OK FULL_TIME
  • Position is based at 4600 SE 29TH ST, Del City, OK, however, incumbent can be located anywhere within the Arvest 4 State Footprint (AR, KS, MO, OK).

    Position is Monday through Friday from 8 am to 5 pm with the ability to work additional hours as needed.

    Exempt: Yes

    Salary Grade: Grade 14


    SUMMARY: Under the direction of the SBU manager, the SBU Underwriter evaluates, underwrites and approves small business loan requests, which include owner-occupied real estate, working capital, equipment, acquisitions and loan requests that fall under the defined description of small business lending. The incumbent reviews business and personal financial statements along with tax returns of potential borrowers and their guarantors to determine the creditworthiness; approves or declines transactions based on current policies and guidelines. The SBU Underwriter serves as a resource to the frontline lending staff and other shared services divisions related to underwriting analysis and escalates policy exception requests to management for review. The incumbent works to meet team Service Level Agreements (SLA’s) and maintains a working knowledge of departmental procedures, forms and the Arvest Loan Policy.

    ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

    • Review and evaluate small business loan transactions requests in accordance with federal and state laws and regulations; understands all Small Business Administration (SBA) products and guidelines.
    • Analyzes a variety of business and financial statements including income statements and balance sheets to determine loan structure, collateral, cash flow, business and personal global debt service ability; utilizes credit scoring software and personal and business credit reports to support the underwriting and approval process; decision requests within established SLA’s.
    • Plays a key role in special projects and initiatives as requested.
    • Identifies additional information requirements needed to properly assess risks and considers alternative credit structures for small business loan requests based on financial strength and loan purpose.
    • Review income and employment verification including complex federal tax returns and trust agreements, calculate common underwriting ratios including loan-to-value (LTV), debt-to-income (DTI) and payment-to-income (PTI) in accordance with current policy and procedures.
    • Prepare and generate a required documents list for fulfillment by centralized processing or the frontline associate.
    • Review declined loan requests and/or exceptions to policy and escalate required declinations to the SBU Manager.
    • Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.

    TEAM ACCOUNTABILITIES:

    • Support and uphold the Arvest Mission Statement.
    • Uphold the Arvest Code of Ethics and ensure that confidential information is safeguarded.
    • Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service.
    • Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the company’s overall operation.
    • Promote professionalism at all times.


    Responsibilities:

    QUALIFICATION REQUIREMENTS:

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

    EDUCATION and/or EXPERIENCE:

    • Associates Degree or equivalent relevant experience.
    • 3 years of experience in lending, accounting or underwriting function required.
    • Working knowledge of accounting terminology and principals required.
    • Working knowledge of Microsoft Office required.
    • Small Business Loan experience preferred.

    OTHER SKILLS AND ABILITIES:

    • Must be able to arrive at work on time, work on site and have regular work attendance
    • Must be able to work cooperatively with other co-workers regardless of personality, presence or communication style
    • Must be able to provide cordial customer service regardless of customer personality, presence or communication style
    • Must be able to perform several tasks at once
    • Must be able to work in a stressful atmosphere
    • Must be able to rotate job tasks
    • Must be able to occasionally work overtime
    • Must be able to greet others cordially
    • Must be able to coordinate multiple and changing priorities
    • Must be able to verbally communicate with all other associates
    • Must be able to operate telephone, scanner, copier and FAX machines
    • Must be able to move from department, division, or bank to department, division or bank to attend meetings
    • Must be able to operate personal computer keyboard in order to create reports, schedules and other appropriate documentation

    PHYSICAL DEMANDS:

    The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

    While performing the duties of this job, the associate is regularly required to stand, walk, sit, and to talk and hear. The associate must occasionally reach with hands and arms; stoop, kneel, or crouch.

    The associate may occasionally be required to lift or move up to 25 pounds.

    Specific vision abilities required by this job include close, distance and color vision and the ability to adjust focus.

    WORK ENVIRONMENT:

    The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

    The noise level in the work environment is usually moderate.

  • 3 Days Ago

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Assistant Underwriter
  • Oklahoma Farm Bureau Insurance Company
  • Oklahoma, OK FULL_TIME
  • Pay:$40KFull timeBenefits availablePrimary Purpose: Reviews insurance applications to evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing by performing the followi...
  • 1 Month Ago

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Underwriter II / Senior Underwriter (hybrid/remote)
  • Velocity Risk
  • , OK FULL_TIME
  • An exceptional company with a firm commitment to its people and culture Become a key part of a forward-thinking, inclusive, and diverse team that values every perspective Earn a competitive salary, an...
  • 15 Days Ago

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Personal Lines Underwriter
  • Oklahoma Farm Bureau Insurance Company
  • Oklahoma, OK FULL_TIME
  • Primary Purpose: Reviews insurance applications to evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing by performing the following duties.Pay:$40,000-60,000K Salar...
  • 4 Days Ago

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Business Development Underwriter
  • Berkley
  • Oklahoma, OK OTHER
  • Company Details Berkley Aspire is an operating unit of the W.R. Berkley Corporation (NYSE – WRB), a Fortune 500 global insurer founded in 1967. Aspire underwrites excess & surplus lines insurance solu...
  • 1 Month Ago

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Remote - Field Underwriter
  • Thompson Agency
  • Tulsa, OK FULL_TIME
  • MUST HAVE: Ready to start IMMEDIATELYWINNERS MindsetSelf-MotivatedHUNGRY TO WINGoal OrientedBeliever in Self-Discipline Driven to be GREATLoyalty and IntegrityAble to work with a team **If you don't m...
  • 23 Days Ago

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Health Actuary
  • Amwins
  • Charlotte, NC
  • Associate Health Actuary Charlotte, NC (preferred) Amwins Group is conducting a candidate search for an Associate Health...
  • 4/19/2024 12:00:00 AM

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Health & Benefits Senior Associate
  • WTW
  • Houston, TX
  • The Role Materially contribute to core health and benefits projects involving the design and management of group medical...
  • 4/19/2024 12:00:00 AM

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Healthcare Financial/Actuarial Associate Director, Health & Benefits
  • Willis Towers Watson
  • Seattle, WA
  • As a Healthcare Financial/Actuarial Associate Director you will be a key member of the Financial Actuarial & Analytics (...
  • 4/19/2024 12:00:00 AM

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Health Underwriter
  • Vensure Employer Solutions
  • Tampa, FL
  • The Health Underwriter is responsible for assessing medical risk for a PEO-sponsored medical plan. Works within specific...
  • 4/18/2024 12:00:00 AM

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Health Underwriter
  • Vensure Employer Solutions
  • Tampa, FL
  • About Us Vensure Employer Solutions is the largest privately held organization in the HR technology and service sector, ...
  • 4/18/2024 12:00:00 AM

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Senior Underwriting Manager, Pharmacy (Hybrid)
  • Health Care Service Corporation
  • Dallas, TX
  • Job Summary: We are seeking a consummate leader and decision maker to guide our high performing underwriting team for ou...
  • 4/18/2024 12:00:00 AM

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Senior Underwriting Manager, Pharmacy (Hybrid)
  • Health Care Service Corporation
  • Dallas, TX
  • Job Summary: We are seeking a consummate leader and decision maker to guide our high performing underwriting team for ou...
  • 4/15/2024 12:00:00 AM

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Health Actuary
  • Amwins
  • Charlotte, NC
  • Associate Health Actuary Charlotte, NC (preferred) Amwins Group is conducting a candidate search for an Associate Health...
  • 4/15/2024 12:00:00 AM

Oklahoma is the 20th-largest state in the United States, covering an area of 69,899 square miles (181,040 km2), with 68,595 square miles (177,660 km2) of land and 1,304 square miles (3,380 km2) of water. It lies partly in the Great Plains near the geographical center of the 48 contiguous states. It is bounded on the east by Arkansas and Missouri, on the north by Kansas, on the northwest by Colorado, on the far west by New Mexico, and on the south and near-west by Texas. Much of its border with Texas lies along the Southern Oklahoma Aulacogen, a failed continental rift. The geologic figure defi...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Health Underwriter jobs
$57,969 to $70,001

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