Senior Associate, Medical Underwriter

Medical Underwriter, Sr. AssociateLocation Designation: Fully RemoteAs part of New York Life's Group Membership Association Division, you'll be working with the nation's No. 1 provider of life and disability income insurance solutions for association/affinity programs. Beyond the tailored life and disability income insurance solutions you provide, your work fosters a sense of community and shared support within affinity groups.Reporting to the Team Manager, the Medical Underwriter, Sr. Associate is responsible for evaluating life insurance applications and determining whether applications should be approved, declined or if additional information is required. The Medical Underwriter is authorized to issue or decline all cases within their authority limit.The Medical Underwriter, Sr. Associate predominately relies on Underwriting Guidelines to evaluate an applicant's risk classification; however, due to the complexity associated with multiple conditions or the diversity of conditions identified within an Attending Physician Statement, they are frequently required to make assessments of applicant risk absent specific direction from the Underwriting Guidelines. Whether synthesizing the mortality risk of medical labs and family history or discounting the mortality risks of highly correlated factors such as motor vehicle reports and avocations, Senior Associates are expected to evaluate an applicant's overall risk profile, not simply summing the total from the individual risk factors. Technical leads, Medical Directors and Team Underwriters are available for consult as necessary; but the Medical Underwriter, Sr. Associates are expected to make a decision recommendation, not open-ended requests for insight. As the majority of applications reviewed by this role include Attending Physician Statements, a Sr. Associate must have a working knowledge of medical terminology and awareness of how various medical impairments interact and effect individual mortality and morbidity risk. Interaction with Third Party Administrator personnel is also often needed. Consequently, the Medical Underwriter, Sr. Associates must have strong communication and relationship management skills. They will also be required to meet established production standards and time service standards.Authority LimitsLife up to $3MDisability Income up to $20KQualificationsBachelor's degree preferred3-5+ Years Medical Underwriting experience requiredExtensive knowledge of Medical Underwriting for Life Insurance. Disability knowledge is preferred; however, appropriate training will be provided in absence of that experience.Excellent verbal and written communication skillsData entry skillsAbility to work in a paperless workflow environmentAbility to prioritize and multitaskAttention to detail and organizational skillsStrong interpersonal skillsCapable of working independentlyPay TransparencySalary Range: $73,000-$100,000Overtime eligible: ExemptDiscretionary bonus eligible: YesSales bonus eligible: NoActual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.