Underwriter (Life) reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Calculates rates and premiums from approved decrement tables. Being an Underwriter (Life) may have contact with the field force for information on which to base decisions. May require a bachelor's degree. Additionally, Underwriter (Life) typically reports to a supervisor or manager. The Underwriter (Life) works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Underwriter (Life) typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
You will be primarily responsible for reviewing incoming merchant applications, verifying the legitimacy of documentation, and ensuring that processing limits requested are in line with the merchant application and business type. You will analyze all aspects of the merchant application, calculating financial risk, and set merchant reserves limits. The ideal candidate will have knowledge in the merchant payments industry specifically credit underwriting.
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About Us
Beyond strives to simplify operations, reduce costs and streamline payments for small and mid-size business owners across the country. Every customer is provided with the reliable, flexible, and secure business solutions they need in a clear, transparent manner they can trust. We are committed to the highest level of technological innovation, contract terms and customer service—earning our customers’ business every day. Every employee is provided with the vital tools, resources and compensation needed to achieve success.
We will deliver results, tell the truth, and make a difference with a determination to transform the business world. Good is not nearly good enough. We go Beyond.
This job description provides many examples of the types of responsibilities required, but is in not intended to be a comprehensive list. The incumbent will complete other job responsibilities as needed which are not specifically described in this document.
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