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)
The Underwriter is responsible for evaluating risk and making loan decisions based on existing underwriting guidelines and information and documentation provided in the loan file.
The Underwriter will be responsible for completing the following job duties. Reviews conditions on files within posted turn times
This job description reflects management’s assignment of essential functions; and nothing in this herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
The following qualification are required of the Underwriter.