Senior Executive

Basic Function

The Medical Underwriter reviews applications for life, disability insurance and determines whether the requested coverage can be granted to the individual.

Individuals in this role medically underwrite applications for Group Life, Long-Term Disability and/or Short-Term Disability Insurance. This is done by utilizing medical underwriting tools such as the Medical Information Bureau (MIB), medical records and/or medical examinations to assess risk. Information pertaining to the applicants past and present medical conditions are evaluated against company guidelines and decisions are made to either accept the applicant for coverage or decline the application.

Principal Duties & Responsibilities

To assess the overall risk by collecting, reviewing and analyzing an applicant's relevant history and records, obtain additional information to determine coverage needs, to give rating and to reduce the possibility of adverse selection against the insurer by applying the available insurance manuals guidelines.

Skills required