Description
We are seeking an experienced medical underwriter to join our team as a Technical Underwriting Role. You will be responsible for managing underwriting risk through accurate and modern underwriting assessment of insurance applications and claims re-underwriting. Additionally, you will coach and mentor the underwriting team to enhance their medical underwriting knowledge and risk evaluation capabilities.
Job Responsibilities:
- Perform accurate underwriting assessments for new business, policy changes, and claims cases, adhering to service level agreements, underwriting guidelines, and authority limits.
- Apply Cigna's underwriting philosophy in assessing individual application risks.
- Stay updated with product knowledge, market standards, and technical underwriting expertise through industry engagement, professional development, and collaboration with reinsurers.
- Ensure compliance with regulatory guidelines and internal policies.
- Foster effective communication with key stakeholders, including sales teams and customers.
- Drive improvements in underwriting efficiency and adopt modern underwriting approaches and technologies.
- Provide coaching and mentorship to junior underwriters to enhance underwriting skills and medical knowledge.
- Respond to partner and customer inquiries promptly and professionally.
- Act as a subject matter expert in ad hoc assignments related to medical underwriting.
Job Requirements:
- Minimum 10-15 years of experience in underwriting, with extensive exposure to Medical and Critical Illness products.
- Proven underwriting authority and track record of handling complex cases independently.
- Strong market knowledge and analytical skills to support sound underwriting and claims decisions.
- Demonstrated ability to improve underwriting processes and embrace innovation.
- Excellent communication and stakeholder management skills.