Also referred to as:
Life Insurance Underwriting Supervisor, Life Underwriting Supervisor
Requirements and Responsibilities
Underwriting Supervisor - Life supervises the team responsible for reviewing and analyzing life insurance applications. Evaluates an applicant's medical history, physical condition, occupational hazards, and other information to accept, modify, or decline an application. Being an Underwriting Supervisor - Life utilizes underwriting guidelines, rules, and standards to accept, reject, or mitigate risk for applications. Calculates rates and premiums from approved decrement tables. Additionally, Underwriting Supervisor - Life may evaluate reinstatements and changes in existing policies. Ensures compliance with all industry and governmental regulations. Requires a bachelor's degree. May require Chartered Life Underwriter (CLU) certification. Typically reports to a manager. The Underwriting Supervisor - Life supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. To be an Underwriting Supervisor - Life typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision.
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