Junior Life Insurance Underwriter

2 weeks ago


Fort Worth, Texas, United States National Farm Life Insurance Compan Full time
Job DescriptionBenefits:
  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Vision insurance

Position Overview:
The Life Underwriter is an entry-level professional equipped with comprehensive training and a minimum of two years of relevant experience, tasked with approving insurance applications within defined standard and substandard parameters.

Key Responsibilities:
  • Evaluate individual life insurance applications in accordance with established guidelines for policy issuance on both standard and substandard bases.
  • Assess the acceptability of risks by analyzing an applicant's medical history, physical condition, occupational risks, financial background, insurable interest, and other pertinent factors.
  • Engage with field representatives to collect necessary information for informed decision-making.
  • Consult with supervisors or the medical department regarding any ambiguous medical or personal circumstances.
  • Cases requiring higher ratings or amounts beyond prescribed limits will be reviewed by superiors.

Essential Skills and Qualifications:
  • Strong analytical and computational skills.
  • Sound judgment and decision-making abilities.
  • Effective negotiation and interpersonal communication skills.

Education and Experience Requirements:
  • A minimum of 2 years of underwriting or related experience is required.
  • A Bachelor's degree is preferred.
  • Fluency in English and Spanish is advantageous.
  • Completion of LOMA's Certificate in Underwriting is necessary.

Physical Requirements:
Ability to spend extended periods seated at a desk and working on a computer.

Work Schedule and Compensation:
This is a full-time, in-office role with a structured schedule. The salary range for this position is between $60,000 and $80,800 annually.

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