Life Underwriting Auditor

This is a fully remote position, open to applicants in Alabama, +43 more states.

📋 Description

• Perform post-issue audits and monitor new underwriting initiatives.

• Evaluate the technical accuracy, adherence to guidelines, and quality of decision-making by underwriters.

• Analyze underwriting decisions for their medical, financial, and operational soundness.

• Ensure that decisions comply with company guidelines, risk appetite, and mortality projections.

• Detect significant errors, trends, and themes in audit outcomes.

• Create structured reports and provide recommendations for management.

• Work in collaboration with Underwriting Management and Risk Management on Corrective Action Plans and remediation tracking.

• Enhance the Underwriting Risk Control Framework, focusing on control design, key risk indicators, and governance standards.

• Convert audit findings into focused training, coaching, and guideline clarifications with the Training & Development team.

• Evaluate and test new tools, rules engines, and GenAI solutions to assess their effects on underwriting quality and risk.

• Support targeted audits for Underwriting Innovation initiatives.

• Maintain comprehensive and accurate audit documentation for internal audits, governance committees, and regulatory reviews.

• Continuously refine audit frameworks, metrics, and reporting methodologies.

⛳️ Requirements

• A minimum of 5 years of experience in life insurance underwriting.

• Demonstrated expertise in both medical and financial underwriting.

• Strong grasp of life insurance products, underwriting guidelines, and principles of risk selection.

• Capability to interpret complex medical and financial information and evaluate risk effectively.

• Exceptional analytical skills and keen attention to detail.

• Proficiency in identifying patterns and root causes within audit findings.

• Strong written and verbal communication abilities.

• Capacity to present findings clearly and constructively to underwriters and leadership.

• High degree of professionalism, integrity, and discretion when dealing with sensitive information.

• Preferred: experience in auditing, quality assurance, or risk management within life underwriting.

• Preferred: familiarity with governance frameworks, risk controls, and regulatory standards pertaining to underwriting.

• Preferred: proficiency in Excel or BI tools for analyzing audit results and trends.

• Preferred: professional designations such as ALU, FALU, FLMI, or equivalent.

• Technical expertise in medical and financial underwriting.

• Strong critical thinking and problem-solving abilities.

• Objectivity and fairness in assessments and feedback.

• Collaborative spirit to work with Underwriting, Risk, Training, Innovation, and Pricing teams.

• Strong organizational skills with the ability to manage multiple audits and deadlines.

• Commitment to continuous improvement, learning, and sharing of knowledge.

🏝️ Benefits

• Competitive compensation.

• Comprehensive health, dental, mental health, and vision coverage.

• Short- and long-term disability insurance.

• Life and AD&D insurance coverage.

• Adoption and surrogacy benefits.

• Wellness benefits.

• Employee and family assistance programs.

• Retirement savings plans, including pension and 401(k) savings options.

• Global share ownership plan with employer matching contributions.

• Financial education and counseling resources.

• Up to 11 paid holidays each year.

• 3 personal days annually.

• 150 hours of vacation time each year.

• 40 hours of sick leave each year, or more where required by law.

• Statutory leaves of absence.

• Flexible and inclusive work environment.

• Opportunities for professional development, learning, and career advancement.

• Incentive programs and compensation linked to business and individual performance.