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Illinois Mutual
Underwriter Trainee, Individual Disability Income InsuranceIllinois Mutual • Peoria, IL, United States
Underwriter Trainee, Individual Disability Income Insurance

Underwriter Trainee, Individual Disability Income Insurance

Illinois Mutual • Peoria, IL, United States
3 days ago
Salary
$51,600.00–$53,600.00 yearly
Job type
  • Full-time
Job description

Underwriter Trainee, Individual Disability Income Insurance

At Illinois Mutual, our culture is built around our four core values. These values shape how we operate and define our expectations of each team member's contributions:

Be honest, reliable and respectful

Think of other first

Work together to create results

Stand out with personal, caring service

The Underwriter Trainee underwrites individual disability income insurance applications, within guidelines set for the issuance of policies on a standard or substandard basis. The Underwriter Trainee works very closely with the Underwriting management, supervisor and/or higher-level underwriters who initially reviews all Underwriter Trainee work.

Primary responsibilities include:

  • Facilitate the sales process while underwriting application files by ensuring reasonable and timely underwriting decisions within established service level objectives.
  • As directed, may have contact with the field force to gather information on which to base decisions.
  • May be granted authority to approve applications up to specific standards (or better) and substandard limits.
  • Submits for review by superiors those applications requiring higher ratings or amounts in excess of prescribed limits.
  • Learn about the Disability insurance industry, the Company, its products, services, underwriting and the position.
  • Timely, consistent and progressive assimilation of the knowledge and skills necessary to achieve a level of self-sufficiency warranting promotion to the position of Underwriter.
  • Comply with applicable rules procedures, regulations and laws
  • Attend meetings and complete specific underwriting related projects as directed

Anticipated Salary: $51,600 - $53,600

We strive for our employees to feel appreciated and supported, both professionally and personally. Our comprehensive benefit and discount package that meets a variety of needs is one way we demonstrate this. Some of our most admired benefits include:

  • Compressed 4 1/2-day work week (Half-Day Fridays)
  • No monthly premium cost for employee medical, life and disability insurance coverage
  • Paid time-off accrual, including annual rollover; and paid holidays
  • Competitive 401(k) plan with immediate vesting on Company contributions
  • Discounted on-site employee cafeteria
  • On-site exercise facility and company-provided exercise time
  • Tuition reimbursement and training incentives
  • Access to voluntary dental and vision insurance coverage

Qualifications include:

  • Bachelor's degree or Illinois Mutual approved equivalency required. (Degree preferably in Insurance, Risk Management, Accounting, Finance or similar discipline)
  • Strong service-oriented work ethic to understand, anticipate and satisfy customer business needs
  • Excellent communication (written and verbal), analytical, organizational and problem-solving skills
  • Goal oriented, results driven, accountable and reliable
  • Demonstrate integrity, a positive attitude, sound judgment and attention to detail
  • Ability to multi-task in a fast past environment while under pressure to perform
  • Self-motivated with the ability to learn on your own to supplement training provided
  • Ability to learn quickly, adapt to change and work independently
  • Work well in a team environment, excelling both individually and collectively
  • Basic computer skills to include proficiency with Microsoft Office programs (Word, Excel, Outlook)
  • Bilingual proficiency a plus

Required competencies include:

  • Accountability (1)
  • Continuous Learning (1)
  • Customer Focus (1)
  • Integrity (1)
  • Organizational Awareness (1)
  • Teamwork (1)

This job description is intended to provide a general overview of the position and does not include every detail of the role. Responsibilities and expectations may be subject to change based on Company needs.

Illinois Mutual is an equal opportunity employer.

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Underwriter Trainee, Individual Disability Income Insurance • Peoria, IL, United States

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