Underwriting Administrator

Posted 8 Days Ago
Be an Early Applicant
Hiring Remotely in Toronto, Ontario, CAN
In-Office or Remote
Junior
Insurance • Financial Services
The Role
Provides administrative and operational support to life insurance underwriting teams. Responsibilities include guiding producers through risk assessment, coordinating underwriting workloads, managing reports and invoices, administering MIB and evidence processes, supporting vendor management and system access, handling renewals and certifications, and coordinating professional development activities. Requires strong Excel and Microsoft Office skills, underwriting process knowledge, communication, organization, analytical ability, and at least two years of underwriting administration experience.
Summary Generated by Built In
Career OpportunityRole TitleUnderwriting AdministratorPurpose of roleThe Underwriting Administrator is responsible for providing product support, MIB Plan F support, obtaining underwriting data reports from third party vendors, and backup support for the Senior Underwriting Analyst. They play a key role in supporting the underwriting division through internal and external communications and managing miscellaneous needs for the team.Job DescriptionKey Responsibilities:
  • Provide timely, accurate underwriting guidance to U.S. producers through the risk assessment process for LiveWell Plus Product
  • Communicate underwriting decisions clearly and build effective relationships with producers, sales teams, the Medical Director, and underwriting colleagues
  • Provide back-up assistance in the coordination of daily underwriting operations, including workload distribution, pending and post-issue tasks, overtime case lists, production reconciliation, discrepancy escalation, and coverage scheduling
  • Assist in the management of invoices, shared-evidence payments, recurring and ad hoc reporting, and business statistics for U.S. and Canadian underwriting operations
  • Assist the Senior Underwriting Analyst in variety of tasks related to Vendor management, including, but not limited to: set-up system access for all departments in insurance operations, deal with vendor inquiries, system role outs, and arrange training for underwriters on these changes. reinsurance and reporting Handles bi-annually DMV renewals and annual certifications for various states
  • Administer evidence, case-support, and MIB processes, including APS orders, random holdouts, laboratory exceptions, secure records, access, renewals, verifications, code requests, and disclosures
  • Coordinate professional memberships, conferences, and courses; maintain knowledge of underwriting legislation, regulations, and industry trends
  • Complete other projects and duties as assigned.
Key Qualifications:
  • Education (minimum required): Business or medical Bachelor or college degree preferred
  • Experience (minimum required): Minimum of 2 years of underwriting administrative experience
  • Strong working knowledge of Microsoft Office suite of products, specifically Excel
  • Familiar with a variety of individual insurance underwriting documents, , and new software, as required with strong navigation skills
  • Must have a good understanding of basics of underwriting processes to be able to trouble shoot and problem solve
  • Must demonstracte excellent communication skills, self managed and organized
  • Have an analytical mindset with strong attention to detail
  • Effective multi-tasking and time management skills, including the ability to adapt to changing demands and priorities while maintaining accuracy and attention to detail
  • Demonstrated ability to learn new systems and software

#LI-Remote

The actual base salary for this position will depend on several factors, including job-related skills, experience, and education. In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.


Please note that this posting is intended to fill an existing vacancy; however, there may be instances where more than one vacancy is available for the same role.


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.

Skills Required

  • Business or medical bachelor’s degree or college degree
  • At least 2 years of underwriting administrative experience
  • Strong working knowledge of Microsoft Office, especially Excel
  • Familiarity with individual insurance underwriting documents and new software
  • Understanding of basic underwriting processes, troubleshooting, and problem-solving
  • Excellent communication skills
  • Self-management and organizational skills
  • Analytical mindset and strong attention to detail
  • Effective multitasking and time-management skills
  • Ability to adapt to changing demands and priorities while maintaining accuracy
  • Demonstrated ability to learn new systems and software
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Toronto, Ontario
1,509 Employees
Year Founded: 1874

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.

Similar Jobs

Block Logo Block

Senior Software Engineer

Blockchain • eCommerce • Fintech • Payments • Software • Financial Services • Cryptocurrency
In-Office or Remote
8 Locations
12000 Employees
185K-327K Annually

GitLab Logo GitLab

Manager, Sales Recruiting (AMER)

Cloud • Security • Software • Cybersecurity • Automation
Easy Apply
Remote
2 Locations
2500 Employees
105K-176K Annually

Samsara Logo Samsara

Director, Mid-Market Sales - Canada

Artificial Intelligence • Cloud • Computer Vision • Hardware • Internet of Things • Software
Easy Apply
Remote or Hybrid
Canada
4000 Employees
341K-409K Annually

Movable Ink Logo Movable Ink

Senior Back-end Engineer

Artificial Intelligence • Marketing Tech • Software
Easy Apply
Remote or Hybrid
Toronto, ON, CAN
600 Employees
143K-200K Annually

Similar Companies Hiring

Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees
Vega Thumbnail
Artificial Intelligence • Automotive • Insurance • Transportation
US
65 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account