[Hiring] Quality Review Life Underwriting Auditor @Corebridge Financial

Role Description

This role is part of the Inforce Solutions Team and involves performing quality review underwriting audits for life insurance to ensure proper risk classification, documentation, and adherence to established company underwriting guidelines, policies, and procedures in all aspects of the Underwriting process.

• Perform expert quality review audits on the life underwriting of new business cases to include automated underwriting, in force policy changes, reinstatements, and medical record summarizations.
• Operate autonomously from the underwriting functional areas being audited to ensure effective control separation and objectivity.
• Complete audits to ensure appropriate assessments of medical, non-medical, financial risks with adherence to the company’s underwriting requirements, guidelines and reinsurance treaties.
• Participate in the analysis of audit results along with the development of recommendations for changes and improvements.
• Participate in completion and development of monthly and quarterly reports inclusive of identifying underwriting training needs, capturing trends and communicating audit outcomes.
• Provide constructive feedback to life underwriting management.
• Assist in the maintenance of the audit database.
• Provide underwriting expertise for underwriting improvement projects within the company, as needed.
• Operate with the utmost integrity in the proper review, evaluation and reporting of each underwriting audit.

Qualifications

• Minimum of 10 years’ experience as a Life Underwriter in a home office underwriting department with a proven record of successful performance.
• Approval authority for life insurance amounts of $3,000,000 or more for standard and substandard risks on your own signature.
• AALU/FALU required, FLMI or CLU designations preferred.
• Underwriting audit, quality assurance and reporting experience.
• General knowledge of life systems, underwriting procedures, and insurance company operations required.
• Excellent communication skills to provide feedback related to audit outcomes and trending observations.
• Strong organizational, data management and analytic skills.
• Strong execution and results orientation.
• Exceptional attention to detail.
• Proficient in Excel, Word and PowerPoint.
• Adapts easily to changes in business processes and work priorities.

Requirements

• The anticipated salary range for this position is $115,000 to $120,000 at the commencement of employment.
• Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate’s geographic location, skills, experience and other qualifications.
• In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.

Benefits

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.
• In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.