Junior Risk Assessor

2 weeks ago


King of Prussia, Pennsylvania, United States Worldwide Insurance Services Full time
Job Overview

Position Summary: The Junior Risk Assessor – Individual evaluates applicant submissions for the purpose of determining policy eligibility and pricing levels in accordance with established company standards and medical underwriting practices. This role requires a thorough examination and interpretation of applicants' health records while adhering to commercial guidelines. The Junior Risk Assessor – Individual may contribute to the development of protocols and provide training to junior underwriting staff in related tasks. Additionally, this position involves reporting detailed activities to management and may include the preparation of reports for oversight.

Key Responsibilities:

  • Evaluate health data from applicants in line with commercial underwriting standards.
  • Facilitate communication regarding underwriting requirements and outcomes with relevant sales teams.
  • Identify and document effective practices and operational improvements.
  • Develop and document standardized procedures for individual underwriting tasks.
  • Provide training and guidance to junior staff regarding departmental processes and practices related to Individual Underwriting.
  • Organize and oversee individual underwriting workflows to ensure timely delivery of accurate quotes.
  • Summarize and report activities to management.
  • Coordinate the collection of all necessary data for departmental audits.
  • Ensure adherence to domestic and international insurance regulations.
  • Document departmental activities and collaborate with management to establish underwriting guidelines for control processes.
  • Conduct monthly and quarterly reporting to maintain data integrity.
  • Act as a subject matter expert in underwriting.
  • Maintain departmental filing systems.
  • Perform other assigned duties as necessary.

Qualifications:

  • Bachelor's degree is mandatory.
  • Minimum of one year of experience in health insurance underwriting processes.
  • Interest in pursuing a career in the international health insurance sector.
  • Strong analytical skills with a keen attention to detail.
  • Excellent verbal and written communication abilities.
  • Capability to meet strict deadlines.
  • Access to a minimum internet speed of 75 Mbps is required.

Work Environment:

  • Flexibility to work in an office setting or remotely.
  • Occasional overtime and schedule flexibility may be required for this role. Attendance at important business meetings and performance of critical job functions outside regular hours may be necessary.
  • Physical Requirements: Ability to communicate effectively through auditory and visual means.

Competitive base salary starting at $45,465.00 annually, with compensation based on relevant experience and skill level in a similar position.

This job description outlines essential functions as assigned by management; it does not limit or prescribe the tasks that may be assigned.



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