• Underwriter/ Senior Underwriter

    Location US-OR-Portland
    Posted Date 3 weeks ago(6/22/2018 12:37 PM)
    # Positions
    1
    Status
    Full-Time
    Req #
    17411
  • Overview

    If you want to make a positive difference and stand out from the crowd, you’ll fit in at The Standard (www.standard.com). Through our retirement plans and insurance products and services, we help people achieve financial well-being and peace of mind. Come join us and share our passion for serving our customers in a positively different way.

     

    This position in our Individual Disability Department is focused on medical and financial underwriting of individuals. Candidates with medical and financial underwriting experience are strongly preferred.

     

    Relocation assistance will be provided to candidates outside the Portland area.

     

    The mission of the underwriting roles is to foster sound underwriting and business decisions, develop effective relationships and contribute toward the growth and development of the underwriting department in an effort to write and retain long term profitable business. Underwriters are expected to progress through the levels of the job family based on training; on the job exposure; developing their analytical skills; independent decision making; effective communication, and leadership skills.

     

    Below are typical functions of the underwriting job family. Actual responsibilities may vary based on the business segment and the level of the position.

    Responsibilities

    Risk Decisions: Apply sound, creative underwriting and business judgment in the timely analysis and evaluation of insurance risks to contribute to the growth and profitability of the organization.

     

    Customer Service: Develop and maintain effective working relationships with assigned field personnel, producers, assigned policyholders and Home Office personnel through professional negotiation, responsive communication, problem resolution and anticipation of customer expectations.

     

    Mentoring and Training: Provide mentoring and training as appropriate based on job level and experience.

     

    Projects and Special Assignments: Actively participate in projects to contribute to corporate goals.

    Qualifications

    Underwriter:

    Education - Bachelor’s degree in Business and /or progressively responsible work experience with emphasis in individual disability insurance underwriting or similar analytical capacity.

     

    Knowledge & Skills:

    Perform math calculations, analyze detailed written information including medical history, financial documents for accuracy completeness; express ideas clearly both in written and oral communications, strong customer service and negotiation skills present and excellent time management skills.  Demonstrated ability to make good decisions and then utilize negotiation skills to achieve overall desired result. Also, demonstrated ability to utilize customer service skills. Demonstrated experience with Microsoft Office Suite.

     

    Job Complexity & Judgment:       

    Underwrites risk of moderate to more complex scope.  Exercises independent judgment and discretion.  Applies appropriate underwriting guidelines, procedures, contract provisions, state insurance statues. Requires analysis of data where answers are not readily obtained.  Works within defined procedures to resolve non-standard issues.   Makes recommendations for new processes or procedures.

     

    Independence & Supv required:       

    Typically receives general instructions on routine work.  May require detailed instructions on new assignments. Work is often shared with team.

     

    Interaction & Influence: 

    Contacts include own department, interactions with field partners, Benefits, Marketing, Compliance, and occasional other external contacts to provide or obtain information.  Effective team player and approver / mentor for lesser experienced personnel. 

     

    Senior Underwriter:

    Education & Experience:

    Education - Bachelor’s degree in Business and /or progressively responsible work experience in individual disability insurance underwriting.

     

    Knowledge & Skills:

    Perform math calculations; understand and analyze complex medical and financial documents; analyze detailed written information for accuracy and completeness; express ideas clearly both in written and oral communications, strong customer service skills and excellent time management skills present. Demonstrated ability to make good decisions and then utilize negotiation skills to achieve overall desired result. Also, demonstrated ability to utilize customer service skills. Demonstrated experience with Microsoft Office Suite. Strong demonstrated capability to mentor and provide both classroom and one-on-one training as needed. Aptitude to identify training gaps and needs of trainees.

     

    Job Complexity & Judgment:

    Underwrites and evaluations risk up to the most complex individual disability insurance cases. Exercises independent judgment and discretion. Applies appropriate underwriting guidelines, procedures, contract provisions, state insurance statues. Requires analysis and evaluation of multiple factors to resolve complex issues. Makes recommendations for new processes or procedures. Serves as a leader and mentor for the team.

     

    Independence & Supv required:

    Typically plans and schedules own work and requires limited direction. Capable of seeing the "big picture" and the downstream impacts of their work.

     

    Interaction & Influence:

    Contacts are typically company-wide and are frequently outside the company to provide or obtain information. May consult with management. Networks with internal and external peers. Able to influence decisions. Effective mentor and team player.

     

    Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, drug test, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.

     

    For more information regarding your Equal Employment Opportunity applicant rights, clickhere.

     

    Individuals with disabilities who need assistance or accommodation with the application process should contact HR Direct at 971-321-7871. This number is only for the use of individuals with disabilities who need accommodation with the application process. General inquiries about application status will not be addressed.

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