What are the responsibilities and job description for the Underwriter 1 position at Primerica?
Join Our Team
In 2022, the Atlanta Journal-Constitution named Primerica one of the best places to work for the ninth consecutive year. Also in 2022, Primerica was named one of the Best Employers for Diversity by Forbes for the second consecutive year. Forbes also named Primerica as one of America’s best Insurance companies for 2022. Primerica ranks 6th among 25 companies included in the Term Life Insurance category. Over the past seven years Primerica has consistently been voted Best Employer by Gwinnett Magazine in its special "Best of Gwinnett" winner editions. Primerica is a great place to work! Join our team to experience what it’s like to work at “one of the best places to work in the metro Atlanta”.
About This Position
The Life Insurance Underwriter 1 is an entry-level position in the Underwriting department. The Underwriter receives intensive training up to 24 months to develop knowledge, skills, and abilities that are required to underwrite life insurance applications in accordance with guidelines and procedures. Once training is complete, the role will require reviewing documents such as applications, prescription drug profiles, laboratory reports, underwriting interviews and medical records to determine the level of risk presented and to make a final decision regarding eligibility for coverage.
This is a remote position after on-site training is completed.
The estimated salary range for this role is: 55K
Responsibilities & Qualifications
Job Duties & Responsibilities
This position is exempt (not eligible for overtime pay):
Yes
Our Benefits
At Primerica, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
In 2022, the Atlanta Journal-Constitution named Primerica one of the best places to work for the ninth consecutive year. Also in 2022, Primerica was named one of the Best Employers for Diversity by Forbes for the second consecutive year. Forbes also named Primerica as one of America’s best Insurance companies for 2022. Primerica ranks 6th among 25 companies included in the Term Life Insurance category. Over the past seven years Primerica has consistently been voted Best Employer by Gwinnett Magazine in its special "Best of Gwinnett" winner editions. Primerica is a great place to work! Join our team to experience what it’s like to work at “one of the best places to work in the metro Atlanta”.
About This Position
The Life Insurance Underwriter 1 is an entry-level position in the Underwriting department. The Underwriter receives intensive training up to 24 months to develop knowledge, skills, and abilities that are required to underwrite life insurance applications in accordance with guidelines and procedures. Once training is complete, the role will require reviewing documents such as applications, prescription drug profiles, laboratory reports, underwriting interviews and medical records to determine the level of risk presented and to make a final decision regarding eligibility for coverage.
This is a remote position after on-site training is completed.
The estimated salary range for this role is: 55K
Responsibilities & Qualifications
Job Duties & Responsibilities
- Participate in all departmental training to include anatomy/physiology, underwriting philosophy, medical impairments and underwriting requirements
- Complete the Medical Terminology course. Review, interpret and analyze medical records
- During training will review underwriting requirements with trainer and then work independently until given approval authority
- Take on an assigned caseload once released from training
- Review and document underwriting requirements to include alerts, prescription drug profiles, underwriting interviews, memo replies, criminal reports, motor vehicle reports, etc.,
- Analyze and assess individual applications, age and amount requirements and all underwriting evidence to determine insurability.
- Accept or deny risk and apply additional mortality tables as needed. Take final action.
- Bachelor’s Degree in Risk Management, Biology, Psychology, or similar OR relevant work experience is a plus
- Basic knowledge of medical terminology is a plus
- Basic knowledge of anatomy and medical impairment is a plus
- Working knowledge of the underwriting function
- Strong attention to detail and analytical ability
- Excellent written and verbal communication skills
- Excellent PC and organizational skills
- Ability to work proactively, independently, and under pressure
- Excellent problem-solving skills
This position is exempt (not eligible for overtime pay):
Yes
Our Benefits
- Day one health, dental, and vision insurance
- 401(k) Plan with competitive employer match
- Vacation, sick, holiday and volunteer time off
- Life and disability insurance
- Flexible Spending Account & Health Savings Account
- Professional development
- Tuition reimbursement
- Company-sponsored social and philanthropy events
At Primerica, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
