Issue Analyst

Posted 7 Days Ago
Be an Early Applicant
Rock Island, IL, USA
In-Office
21-21 Hourly
Entry level
Fintech • Software • Financial Services
The Role
Reviews and processes life insurance applications, verifies forms and payments, enters data, evaluates medical and underwriting documentation, requests missing information, and approves, rates, or refers applications according to guidelines. Provides procedural support to representatives and internal departments, prepares certificates for mailing, and maintains accurate, timely processing while learning relevant systems, policies, and regulations.
Summary Generated by Built In

Are you a detailed-oriented problem solver who likes to make an impact behind the scenes? If so, Modern Woodmen of America is hiring an Issue Analyst in our Underwriting Department. As an Issue Analyst, you'll investigate and resolve application issues, process life insurance transactions, and help keep business operations running smoothly and accurately.

Modern Woodmen of America is one of the nation’s largest fraternal benefit societies, with over $18 billion assets. Fraternals are unique membership organizations that pair the “member-owned” characteristic of a mutual insurance company with the “social mission” characteristic of a service organization. They unite individuals with common bonds, provide a variety of life insurance and investment products, and form one of the nation’s most effective volunteer networks.

Responsibilities:

  • Reviews application and corresponding documents to determine if proper forms have been submitted and completed properly.
  • Enters necessary application information into the system.
  • Applies payments and verifies proper accounting.
  • Requests additional information as indicated by underwriting requirements.
  • Works with other departments to process applications as necessary.
  • Review medical information, lab work, and other documents.
  • Approves, rates, or refers applications as determined by underwriting guidelines and departmental procedures.
  • Assists Financial Representatives and other department personnel with any procedural questions.
  • Prepares certificate for mailing.
  • Must be willing to learn software programs, certificate provisions, organization policies and procedures, state laws, and departmental procedures related to the underwriting process.

What we need:

  • High school diploma or equivalent required.
  • Comfortable using computer systems and performing data entry with a high level of accuracy.
  • Strong problem-solving and analytical skills.
  • Excellent written and verbal communication skills.
  • Ability to work independently, prioritize tasks, meet deadlines.
  • Detail-oriented with a commitment to accuracy and quality.

What we offer:

  • Pay: The hourly pay for this position is $20.50. The specific rate will depend on the successful candidate’s qualifications and prior experience. Applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.
  • Work Arrangements: This is a full-time office focused, hourly position: 37.5 hours per week (7.5 hours per day), Monday- Friday, with flexible start time between 7 a.m.-9 a.m. Office focused positions work on-site due to the nature of the work and have limited remote days.
  •  Stability: Modern Woodmen has been Modern Since 1883® and exists for our members. We make long-term decisions that provide stability for our employees, financial representatives, and members.
  • Respect for personal time: We offer vacation, sick leave and 11 paid holidays. We value your time outside of work and offer careers that blend work and life well.
  • Professional growth: Benefit from our commitment to employee development which includes educational offerings to enhance your knowledge of our industry.
  • Great culture: We build strong working relationships across our organization through collaborative work and volunteer opportunities.
  • A beautiful office: Enjoy a beautiful view! Our home office, located in downtown Rock Island, IL, has a lovely plaza overlooking the Mississippi River.
  • On-site Café: Our employees can purchase a variety of breakfast, lunch, and beverage options at Café 1883.
  • A thriving local community: Not from the Quad Cities and hesitant to consider relocation? Give it some thought. The Quad Cities offers an idyllic Midwestern lifestyle along the mighty Mississippi and consistently ranks at the top of the list for quality of life and cost of living. It is home to more than our share of artists, festivals, and fun in every season.
  • Exceptional benefits: Our comprehensive benefits package is designed to support your health and financial well-being. Benefits include:
    • Company-paid retirement plan
    • Matching 401(k) plan
    • Employee Impact Bonus
    • Medical, Dental and Prescription Drug Insurance. We pay 100% of employees’ health insurance premiums and 50% of employee dependents’ premiums.
    • Group term life insurance.
    • Long-term and short-term disability.
    • Voluntary benefits: vision, flexible savings accounts (FSA), accident insurance

Modern Woodmen is an equal opportunity employer. Modern Woodmen is committed to providing a respectful environment where each person’s diverse opinions, attitudes, attributes, and feelings are respected.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • High school diploma or equivalent
  • Computer systems proficiency and accurate data entry
  • Strong problem-solving and analytical skills
  • Excellent written and verbal communication skills
  • Ability to work independently, prioritize tasks, and meet deadlines
  • Detail-oriented approach with commitment to accuracy and quality
  • Legal authorization to work in the United States without current or future employment-based sponsorship
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The Company
HQ: Rock Island, Illinois
2,464 Employees
Year Founded: 1883

What We Do

Owned and operated by members, we’re a fraternal benefit society that offers a unique blend of financial services, member benefits and community impact. Modern Woodmen exists to improve quality of life for our members and the hometown communities where they live, work and play. --- New to fraternals? As a fraternal benefit society, we’re a little different than other financial organizations. • We offer families financial security through life insurance, retirement planning and financial services. • We foster quality family life through member benefits and local fraternal activities. • We support community improvement through hometown volunteer projects that make an impact where our members live. We've been protecting families and helping communities since 1883. Our 1,000+ representatives currently serve nearly 700,000 members and their hometowns nationwide. Together, we make a local impact. It’s how we do business. --- Want to hear more? Check out our career opportunities and page updates to learn what we’re all about. --- Learn more about how we operate our social media pages at modernwoodmen.org/smterms. --- Forbes ranking information: https://www.modernwoodmen.org/about-us/news-and-media/modern-woodmen-of-america-named-one-of-the-worlds-best/

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