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Farm Bureau Insurance of Michigan · 6 hours ago

Senior Life Underwriter

Lansing, MI

Full-time

Onsite

Senior Level

7+ years exp

Farm Bureau Insurance of Michigan is seeking a Senior Life Underwriter to provide underwriting services for the Life department and Field Force. The role involves training underwriting staff, ensuring timely underwriting decisions, and utilizing data analytics to improve underwriting functions.

Auto InsuranceCommercial InsuranceFinancial ServicesHealth InsuranceInsuranceLife InsuranceProperty Insurance

Responsibilities

Underwrite and process larger and complex life insurance applications and determine facultative reinsurance liabilities based on established rules. Maintain approval authority up to $4,000,000

Correspond by e-mail, telephone, and systems with clients, agents, doctors, paramedical facilities, reinsurers, service laboratories, commercial inspection companies, and other organizations to gather information necessary to properly underwrite risks

Maintain awareness of changes in underwriting industry related to risk selection, underwriting techniques, and data and technical advancements. Participate in industry educational programs

Qualification

Life underwriting experienceFinancial underwriting experienceUnderwriting guidelines knowledgeMicrosoft Office proficiencyMedical terminology knowledgeProfessional designations FALUProfessional designations FLMIProfessional designations CLUProfessional designations ChFCProfessional designations LLIFData analytics skillsTrainingEducation willingness

Required

Bachelor's degree required with focus on insurance, business, finance or medical field, required or equivalent ten years underwriting experience may be considered

Minimum seven years life underwriting experience or equivalent required

Financial underwriting experience required

Experienced computer usage and proven skills in Microsoft Office including Excel or similar spreadsheet software required

Medical terminology knowledge required

Willingness to pursue continuing job-related training and education required

FALU, FLMI, CLU, ChFC, or LLIF designation required or actively pursuing