Careers – Everlake

At Everlake, you will find the dynamics of a small organization, and the strength of a big corporation rolled into one. We think big and evolve quickly, backed by a collaborative mindset and a solid financial foundation.

We believe both you and your career will do well with us. Join a tight-knit group with high ambitions, who thrive and excel together.

Underwriting Consultant

Job Title
Underwriting Consultant
Job ID
27678700
Work Hybrid
Yes
Location
Northbrook,  IL 60062
Other Location
Lincoln, Nebraska
Description

Underwriting Consultant

Who We Are
Everlake, a premier life insurance company headquartered in Chicago.  If you have a passion for the life insurance business, value working in a dynamic team environment and are ready to roll up your sleeves to help us achieve best in class results, then this may be the role for you.  At Everlake, you will find the dynamics of a small organization, and the strength of a big corporation rolled into one. We think big and evolve quickly, backed by a collaborative mindset and a solid financial foundation.

Position Summary:
This position is responsible for analyzing and classifying risk for life insurance applications, in accordance with established underwriting guidelines, policies, and procedures.
Key Responsibilities:
At Everlake, we pride ourselves in putting the customer first and ensuring multiple stakeholder viewpoints are taken into consideration when making decisions.  Our employees have a high sense of ownership and accountability and can independently drive results while collaborating with a diverse set of contributors.  A successful individual in this role will make critical risk decision on whether to accept, modify, or decline a risk through evaluation of an individual's medical, non-medical and financial information based on Everlake’s Underwriting Manual / Guidelines while meeting departmental time service standards.

Additionally, the individual will:
  • Have proven competency in aspects of Life Insurance Underwriting and general knowledge of medical and financial terms and impairments, preferred and impaired risk, and legal aspects of insurance contracts and underwriting guidelines.
  • Have proficiency in the use of the Swiss Re Underwriting Manual, reading Attending Physician’s Statements, evaluating information reported to the Medical Information Bureau, reviewing Motor Vehicle Records, and using underwriting workflow software to manage daily work.
  • Adhere to and ensure accurate and consistent application of Everlake’s Underwriting Policies and Procedures.  Evaluate risks according to established guidelines making determinations of the terms, coverage, and rating classification within designated approval limits.
  • Successfully manage varying application volumes within set quality standards and turnaround times.
  • Confidently answer questions regarding underwriting rules / procedures and discuss decisions with internal and external stakeholders to explain the rational for underwriting decisions.
  • Handle sensitive information with discretion and diplomacy.
  • Show initiative in meeting/exceeding productivity and quality standards.  Assist team members and the larger department as needs arise.
  • Continually look for ways to improve underwriting efficiency and quality.  Demonstrate a willingness to question established practices and challenge others in a professional manner. Enhance departmental outcomes by sharing knowledge and collaborating with team members.
  • Have strong organizational, time management, communication, decision making, and problem-solving skills with the ability to adapt to change as needs arise.   
  • Work independently in remote setting on a virtual team while maintaining positive interactions and building relationships with other team members.
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Qualifications:
Education, Experience & Skills:
Benefits Available:
  • Medical, dental and vision benefits
  • 401-k plan
  • Incentive Program
  • Flexible paid time off plan
  • Remote / Hybrid work environment
  • Paid holidays
  • Tuition assistance

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