Job Description
Job Description
Description :
Job Title : Underwriter Trainee, Individual Disability Income Insurance
Department : Underwriting
Reports To : Jennifer Smith
Location : Hybrid
Job Type : Full Time
Commitment to Core Values
At Illinois Mutual, our culture is built around our four core values. These values shape how we operate and define our expectations of each team member’s contributions :
- Be honest, reliable and respectful
- Think of other first
- Work together to create results
- Stand out with personal, caring service
Job Summary
The Underwriter Trainee underwrites individual disability income insurance applications, within guidelines set for the issuance of policies on a standard or substandard basis. The Underwriter Trainee works very closely with the Underwriting management, supervisor and / or higher-level underwriters who initially reviews all Underwriter Trainee work.
Primary Responsibilities
Facilitate the sales process while underwriting application files by ensuring reasonable and timely underwriting decisions within established service level objectives.As directed, may have contact with the field force to gather information on which to base decisions.May be granted authority to approve applications up to specific standards (or better) and substandard limits.Submits for review by superiors those applications requiring higher ratings or amounts in excess of prescribed limits.Learn about the Disability insurance industry, the Company, its products, services, underwriting and the position.Timely, consistent and progressive assimilation of the knowledge and skills necessary to achieve a level of self-sufficiency warranting promotion to the position of Underwriter.Comply with applicable rules procedures, regulations and lawsAttend meetings and complete specific underwriting related projects as directedAnticipated Salary : $51,600 - $53,600
Benefit Overview : We strive for our employees to feel appreciated and supported, both professionally and personally. Our comprehensive benefit and discount package that meets a variety of needs is one way we demonstrate this. Some of our most admired benefits include :
Compressed 4 1 / 2-day work week (Half-Day Fridays)No monthly premium cost for employee medical, life and disability insurance coveragePaid time-off accrual, including annual rollover; and paid holidaysCompetitive 401(k) plan with immediate vesting on Company contributionsDiscounted on-site employee cafeteriaOn-site exercise facility and company-provided exercise timeTuition reimbursement and training incentivesAccess to voluntary dental and vision insurance coverageQualifications
Bachelor’s degree required – preferably in Insurance, Risk Management, Accounting, Finance or similar disciplineStrong service-oriented work ethic to understand, anticipate and satisfy customer business needsExcellent communication (written and verbal), analytical, organizational and problem-solving skillsGoal oriented, results driven, accountable and reliableDemonstrate integrity, a positive attitude, sound judgment and attention to detailAbility to multi-task in a fast past environment while under pressure to performSelf-motivated with the ability to learn on your own to supplement training providedAbility to learn quickly, adapt to change and work independentlyWork well in a team environment, excelling both individually and collectivelyBasic computer skills to include proficiency with Microsoft Office programs (Word, Excel, Outlook)Bilingual proficiency a plusRequired Competencies (Proficiency Level)
Accountability (1)Continuous Learning (1)Customer Focus (1)Integrity (1)Organizational Awareness (1)Teamwork (1)This job description is intended to provide a general overview of the position and does not include every detail of the role. Responsibilities and expectations may be subject to change based on Company needs.
Illinois Mutual is an equal opportunity employer.
Requirements :