Job Posting Details
Job Title: Underwriter
Job ID: 10627
Location: Texas-Bedford
Full/Part Time: Full-Time
Regular/Temporary: Regular
Who May Apply To be eligible for another internal position, LTC Division employees must be in their current position for at least six months. If employees are in a Grade 5 non-exempt position, they are eligible to apply for another internal position after three months of employment in their current position if they have supervisor approval. All internal applicants must not be subject to any current disciplinary action and must have a performance rating of 2.25 or higher.
Employees invited to interview with the hiring manager must notify their current manager prior to the interview.
This position is at grade 17.
Additionally, if you know someone whom you believe to be qualified for this vacancy, you can refer them to www.aegonins.com, where he or she may apply for this posting. Make sure the applicant provides your name as the referring employee. If he or she is selected for this position, you may be eligible for a referral bonus based on the schedule below:
Jobs in Grades 5-11: $500
Jobs in Grades 12-17: $1000
Jobs in Grades 18+: $1500
Please refer to the Employee Referral Program Guidelines within the LTC Division Policies and Procedures link on HR’s intranet homepage.
Company Information
AEGON N.V. is one of the world’s leading insurance and financial services organizations. The AEGON Group’s businesses offer a diverse portfolio of products principally in life insurance, pensions and related savings and investment products, as well as accident, health and general insurance.
The AEGON Group is a connected organization, operating through locally managed units in three major markets: the Americas - including the United States and Canada - the Netherlands and the United Kingdom. The Group is also present in a number of other countries, including Hungary, Spain, France, Taiwan ROC and China and has a representative office in India. The Group employs over 27,000 people worldwide and has its headquarters in The Hague, the Netherlands.
Dept/Division Information
AEGON’s long-term care division, Transamerica Life Insurance Company, is located in Bedford, TX (DFW Metroplex). We are committed to enhancing financial results through creativity, innovation, risk management, and service while treating our policyholders, employees and other customers with integrity and respect. Our employees are considered to be one of the best teams in the industry when administering our products that are designed to meet the long-term health care needs of our customers during their retirement years. Our products provide insurance coverage for confinements in a nursing home or assisted living facility, or for professional and non-professional care received in the home or community usually due to a prolonged illness or disability.
Our long-term care team relies on responsive contributions from accountants, actuaries, attorneys, information technology specialists, customer service specialists, claims specialists, and compliance/regulatory specialists.
Responsibilities
GENERAL SUMMARY:
An individual with several years of experience who assesses long term care insurance risks through the evaluation of medical, cognitive and lifestyle factors in a timely and consistent manner to assure the acceptance of sound risks resulting in corporate profit. This is a Home Office (not remote) position.
PRINCIPAL DUTIES AND RESPONSIBILITIES:
Review and interpret Telephone Interview/Cognitive Telephone Assessment results
Quickly but carefully read, analyze and interpret medical case histories, laboratory data, examination scores and observations and properly document findings
Assess risk for LTC using lifestyle, medical and cognitive information while processing a minimum of 75 cases weekly
Handle calls from agents about underwriting decisions, requirements, and delays in processing or procedures
Read and understand the long term care insurance policy and concepts such as ADL’s, IADL’s, rate structure, couples benefits/discount, etc. on new generation products as developed
Determine need for medical records, special examinations or reports, or additional information in evaluating risk
Prepare correspondence to applicants, doctors, agents, etc
Special projects or duties as assigned by management
Evaluate and present files for case referral
Record proper codes for final action
Follow current underwriting procedures for action on replacements
Update the computer screens as needed
Qualifications
Knowledge, skills and abilities normally required for competent performance in the job.
File management skills
Friendly telephone manner
Ability to communicate clearly and effectively verbally and in writing
Attention to detail
Ability to handle multiple tasks concurrently
Working knowledge of PC/computer
Keyboard by touch
Excellent organization skills
Knowledge of medical terminology helpful
Ability to process a minimum of 2.2 cases per hour required
Must support and comply with Company policies and procedures, including the practices set forth in the Company’s Core Values, Business Principles and Rules of Conduct
Typical educational background and experience required for competent performance in this job.
LOMA/AHIP courses preferred
High School diploma or equivalent
AND
Three years of LTC underwriting experience OR
Bachelor’s Degree with three years of health or life underwriting experience OR
Five years of health or life underwriting experience.
Equipment/Physical Demands/Environment:
Normal office environment. Personal computer usage up to 100% of the time.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
Pay,Benefits, & Work Schedule
We offer a comprehensive benefit package and a welcoming and friendly working environment that includes free parking, year-round business casual attire with casual dress Fridays, and health club reimbursement. Our employees actively serve on a variety of company sponsored committees, including charity, employee appreciation, health and safety, special functions, and care committees. Many employees are active in community activities including the Alzheimer’s Walk, N.E.E.D. food drive, United Way, Carter Blood Drive, CPR Classes, and Toastmasters.
D/FW location is home to the five million plus population that takes up 12,800 square miles (which is larger than nine states) and makes up one of the fastest growing regions in the country. Our Bedford location is convenient to both Dallas and Fort Worth.
Other Information
We offer challenging assignments, competitive compensation and benefits programs and an environment supportive of your professional development.
All candidates must successfully pass a thorough background investigation including verification of past employment, education, criminal history and other information.
How To Apply
Please complete the online form thoroughly and include your resume with salary expectations.
If you are a qualified applicant with a disability and require reasonable accommodation for the application process, please contact the Human Resources Department at 817-285-3415.
Equal Employment Opportunity
Transamerica Life Insurance Company is an equal opportunity employer. We will not discriminate unlawfully against qualified applicants or employees with respect to any term or condition of employment based on race, color, national origin, ancestry, sex, sexual orientation, age, religion, physical or mental disability, medical condition, marital status, citizenship status, military service status, or other basis protected by law. When necessary, Transamerica Life Insurance Company will reasonably accommodate employees and applicants with disabilities if the person is otherwise qualified to safely perform all of the essential functions of the position.
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