Job Details

New Business Underwriting Administrator

Company name
Penn Mutual.

Location
Chicago, IL

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Profile

Join Penn Mutual in helping people do more in life. Our values-driven and relationship-based culture, allows for continual growth that contributes to the success of the team, the company and the community. We work side by side with associates who are passionate about raising the bar—and then leaping over it.

PRIMARY FUNCTIONS

The New Business Administrator would need to perform diverse administrative duties in the regional field office which requires working knowledge of life insurance products and procedures to support field managers and producers in their sales and marketing operations.

PRINCIPAL DUTIES AND RESPONSIBILITIES

Process all new business to include: review of applications and forms for accuracy; electronic submission of applications; ordering medical requirements, electronic follow-up on all pending cases until completion

Providing new business updates and reports to Producers and Field Managers on pre issue and post issue requirements via voicemail, email or fax.

Build strong relationships with Home Office, Underwriting department, and other 3rd party administrators in order to handle underwriting issues.

Prepare basic illustrations as needed

Provides excellent and proactive service to producers and policyholders a must

Perform other duties as required

Required Experience

Minimum of 2 year degree or higher

Three to five years of insurance or relevant outside experience is a MUST

Medical Industry experience a plus

Excellent organizational skills and ability to set priorities

Proficient in Microsoft Excel, Word, PowerPoint, Outlook, and the internet

Strong communication skills (written/oral); ability to interact with field staff, producers and home office; meet deadlines; team player and the ability to build strong working relationships.

Job Location

Chicago, Illinois, United States

Position Type

Full-Time/Regular

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Company info

Penn Mutual.
Website : http://www2.pennmutual.com/

Company Profile
Since 1847, we have been driven to create a world of possibilities—one individual, one family and one small business at a time. We help people do more in life by creating solutions that deliver the complete value of life insurance across life's stages, complemented by annuities and investment products.

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