Medical Underwriter

Job Summary:

The Medical Underwriter is responsible for evaluating medical and non-medical information to assess risk and determine the eligibility, coverage amount, and premium rates for insurance applicants. The role involves analyzing health reports, medical records, and related data to ensure fair and accurate underwriting decisions in line with company policies and industry standards.

Key Responsibilities:

• Review and evaluate insurance applications, medical reports, and health records.
• Assess the degree of risk associated with applicants and determine insurability.
• Classify applications and recommend approval, modification, or decline based on underwriting guidelines.
• Liaise with medical professionals, agents, and internal departments to obtain additional medical information when needed.
• Maintain detailed and accurate underwriting records.
• Ensure decisions comply with company policies, legal regulations, and risk management principles.
• Contribute to continuous improvement of underwriting processes and risk assessment tools.
• Stay updated on medical and insurance industry developments.

Qualifications & Skills:

• Bachelor’s degree in Life Sciences, Medicine, Nursing, or related field.
• Certification in underwriting or insurance (preferred).
• Proven experience in life or health insurance underwriting.
• Strong analytical and decision-making skills.
• Excellent attention to detail and data accuracy.
• Good communication and documentation skills.
• Proficiency in MS Office and insurance software tools.

Preferred Experience:

2+ years of experience in medical underwriting (life or health insurance).

Understanding of risk assessment, policy terms, and claims processes.

Job Types: Full-time, Permanent

Benefits:

• Health insurance
• Life insurance