Life Underwriting Analyst

Company: Farm Bureau Financial Services
Location: West Des Moines
Posted on: May 12, 2022

Job Description:

Life Underwriting AnalystDo you have a medical background and/or previous experience underwriting life insurance? Are you a problem solver with great analytical thinking skills, as well as strong organizational skills? Are you a go-getter with high initiative, a positive attitude and a lifelong learner? If so, this Life Underwriting Analyst opportunity could be a fit for you!Who We Are: With Farm Bureau Financial Services, our client/members can feel confident knowing their family, home, cars and other property are protected. We value a culture where integrity, teamwork, passion, service, leadership and accountability are at the heart of every decision we make and every action we take. We're proud of our more than 80-year commitment to protecting the livelihoods and futures of our client/members and creating an atmosphere where our employees thrive. What You'll Do: As our Life Underwriting Analyst, you will be responsible for providing data, reporting, guidelines, and consulting other underwriters on questionable cases. You will work closely with the Director of Life Underwriting and the Chief Underwriter. You will also assist the Chief Underwriter in the development and implementation of departmental policies and procedures. Additional responsibilities will include:

• Experience with medical, non-medical, and data driven life underwriting.
• Assist in the development and implementation of strategic objectives, underwriting strategies, and underwriting best practices.
• Utilize underwriting data analysis to identify performance trends, themes, opportunities for improvement, and any gaps in current data.
• Ability to break down and understand complex business problems, define, and implement solutions.
• Ensure life applications are underwritten in accordance with FBL policy by serving as a referral source for complex policies.
• Provide mortality experience consistent with the expectations of the Life Actuaries by evaluating and applying risk classification principals to life insurance coverage.
• Assist in setting underwriting policy as it relates to risk appraisal.
• Research new data sources, technology, legislation and keep current with the underwriting industry.
• Assist with underwriting rule development in Underwriting Work Bench.What It Takes to Join Our Team:
  • College degree or equivalent and 3-5 years underwriting and data analytics experience.
  • Must keep current with governmental regulations, industry changes, and risk selection through continuing education, attendance at underwriting meetings, and consultations with the Medical Director and Chief Underwriter.
  • Able to analyze information and make sound decisions which support the company's philosophy and direction.
  • Some travel may be required.
  • Must be proficient with Word, Excel, PowerPoint, and reporting software applications.
  • Experience with R-Shiny, PowerBI, Minitab preferred.
  • Exceptional oral and written communication skills are needed to succeed in this role.
  • Highly effective in building strong cross-functional relationships with sales force and other internal organizations.
  • Ability to work independently and take initiative to manage a variety of responsibilities with constantly changing priorities.
  • Preferred FLMI - Fellow, Life Management Institute and FALU- Fellow, Academy of Life Underwriting
  • Must be able to work from our office located in West Des Moines, IA (hybrid work options available).What We Offer You: When you're on our team, you get more than a great paycheck. You'll hear about career development and educational opportunities. We offer an enhanced 401K with a match, low cost health, dental, and vision benefits, and life and disability insurance options. We also offer paid time off, including holidays and volunteer time, "dress for your day", and teams who know how to have fun. You will also have access to a wellness facility with fitness classes and programs, a daycare center, a cafeteria, and a medical clinic at our Corporate Headquarters in West Des Moines.If you're interested in joining a company that appreciates its employees and offers great benefits, we invite you to apply today. Farm Bureau....where the grass really IS greener!Work Authorization/Sponsorship: Applicants must be currently authorized to work in the United States on a full-time basis. We are not able to sponsor now or in the future, or take over sponsorship of, an employment visa or work authorization for this role. For example, we are not able to sponsor OPT status.

Keywords: Farm Bureau Financial Services, West Des Moines , Life Underwriting Analyst, Professions , West Des Moines, Iowa