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Underwriting Quality Risk Manager
Underwriting Quality Risk ManagerTransamerica • Riverside, CA, US
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Underwriting Quality Risk Manager

Underwriting Quality Risk Manager

Transamerica • Riverside, CA, US
[job_card.30_days_ago]
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  • [job_card.full_time]
[job_card.job_description]

Underwriting Auditor

Perform internal underwriting audits to ensure staff compliance with company policies, Sarbanes-Oxley and standard industry practices. Review and make recommendations on contestable claims.

Responsibilities :

  • Perform audits of underwriting work.
  • Trend and review mortality and morbidity experience specific to L&P insurance markets.
  • Serve as an L&P liaison for the Medical Information Bureau (MIB) and perform the annual the MIB self-audit for all distribution groups.
  • Review and report on contestable claims and serve as a consultant to the Claims Department.
  • Assist in projects and special assignments as needed.

Qualifications :

  • Five years of underwriting experience with mortality and morbidity based products.
  • Thorough knowledge of underwriting practices and industry standards, including related Sarbanes-Oxley regulations.
  • Excellent interpersonal and written / verbal communication skills in order to provide feedback and consultation related to audit outcomes.
  • Attention to detail and analytical skills to perform audit duties and interpret data.
  • The ability to work on assigned audits independently and interpret a wide range of collected information.
  • Preferred Qualifications :

  • Underwriting audit and / or contestable claims experience.
  • FLMI and FALU certifications.
  • Knowledge of Life & Protection products and distribution systems.
  • Working Conditions :

  • Remote from home.
  • The salary for this position generally ranges between $70,000-$90,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

    Additionally, this position is typically eligible for a 12.5% Annual Bonus based on the Company Bonus Plan / Individual Performance and is at the company's discretion.

    This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

    What We Offer :

    For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

    Compensation Benefits :

  • Competitive Pay
  • Bonus for Eligible Employees
  • Benefits Package :

  • Pension Plan
  • 401k Match
  • Employee Stock Purchase Plan
  • Tuition Reimbursement
  • Disability Insurance
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Employee Discounts
  • Career Training & Development Opportunities
  • Health and Work / Life Balance Benefits :

  • Paid Time Off starting at 160 hours annually for employees in their first year of service.
  • Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
  • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars.
  • Parental Leave fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
  • Adoption Assistance
  • Employee Assistance Program
  • College Coach Program
  • Back-Up Care Program
  • PTO for Volunteer Hours
  • Employee Matching Gifts Program
  • Employee Resource Groups
  • Inclusion and Diversity Programs
  • Employee Recognition Program
  • Referral Bonus Programs
  • Inclusion & Diversity :

    We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We're thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

    To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

    Giving Back :

    We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

    Transamerica's Parent Company :

    Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.

  • It offers investment, protection, and retirement solutions, always with a clear purpose : Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.
  • As of December 31, 2023
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