- Order required APS, and or other information. Research, interpret and analyze information relevant to the policy, including product details, applicant insurance history and other relevant sources, including access to confidential medical information related to the applicant through the Medical Information Bureau (MIB).
- Efficiently document all relevant findings on the underwriting systems and complete a full underwriting assessment with the information obtained to evaluate the applicant’s risk profile and to confirm the contract was issued with the appropriate premium class.
- Responsible for determining if remedial action is required for existing policy, which could include rescission or reformation of contract. Access to consult with Medical Director and Chief Underwriter for those more complex underwriting cases.
- Utilize communication skills to effectively relay decisions to the producer and applicant.
- Compose related correspondence to advise the applicant and agent of the decision to rescind or reform in the applicant’s language of choice (French or English).
- Maintain accurate records and statistics regarding the actions taken.
- On occasion review insurance application files for new business, reinstatements and change requests if and as time allows during slow periods.
- Excellent written and verbal communication in both English and French.
- A minimum of 4 years of underwriting and/or claims experience.
- Experience and ability to effectively read and interpret Attending Physician Statements
- A solid grasp of underwriting theory, principles, methods, systems, processes and standards, with a proven ability to effectively apply them.
- Exceptional risk assessment skills, with the ability to make accurate underwriting decisions.
- Ability to consistently communicate the underwriting decision to the producer and on occasion discuss in greater detail, in a way that aligns with Foresters’ policies and standards.
- A commitment to providing excellent customer service.
- Knowledge of life insurance, and/or critical illness products, as well as simplified or Final Expense type products are an asset.
- Ability to learn and understand in detail, the Foresters insurance products and their respective contact provisions.
- ALU courses desired but not required.
#LI-Hybrid
Equal Opportunity Employment and Inclusion – at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves.
Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process, please email [email protected] in advance of your appointment.
Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.
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What We Do
Foresters Financial is redefining the life insurance and individual savings industry across the U.S., Canada and UK by enriching the lives, communities, and overall well-being of its members. Agents and members alike appreciate the turnkey-decisioned product offerings and end-to-end digitized processes that make it easy to get life insurance without traditional medical exams. State-of-the-art mobile tools help agents deliver tailored plans to prospective and current members. Dedicated to its members’ well-being, Foresters offers a suite of member benefits and is redefining the conventional life insurance model, bringing improved financial security and overall wellness to everyday North American families. Foresters recently merged with Canada Protection Plan to become a leading life insurance distributor in Canada. Foresters Financial is the trade name for The Independent Order of Foresters, the oldest non-denominational fraternal benefit society. For 23 straight years, The Independent Order of Foresters has received an “A” (Excellent) rating from A.M. Best.
