Underwriting Analyst

@ 052 SLIC Insurance Agency, LLC
052 SLIC Insurance Agency, LLC052slicinsuranceagency,llc.com

Underwriting Analyst

San Antonio, TX
Posted 1 day ago

About the job

SWBC provides financial services including insurance, banking, and wealth management. This role focuses on underwriting and analysis of payment protection programs, ensuring compliance, profitability, and process improvements within the insurance division.

Requirements

  • Bachelor’s degree in Mathematics
  • 3+ years underwriting experience
  • Proficient in Microsoft Office
  • Strong analytical skills
  • Knowledge of Credit Life & Disability

Qualifications

  • Excellent communication skills
  • Organizational and time management
  • Experience with automated sales tools
  • Ability to travel locally or nationally
  • Sedentary work capability

Full job description

SWBC is seeking a talented individual that will be responsible for designing and pricing payment protection programs, conducting profitability and regulatory analyses, and supporting the implementation and continuous improvement of underwriting and sales support operations. This role ensures compliance with multi-state regulations and contributes to the financial performance of SWBC Life Insurance Company, SWBC Property and Casualty Insurance Company and administered programs.

Why you'll love this role:

Fun and fast-paced environment working through all verticals of an insurance company.

Essential duties include the following:

  • Design and price Debt Cancellation and Credit Insurance proposals.
  • Conduct account profitability analyses for payment protection programs.
  • Prepare experience rating refunds and profit share calculations.
  • Maintain a state-by-state library of policy equipment and rates.
  • Analyze ongoing profitability of accounts and drive process improvements.
  • Review monthly outstanding balance reports and verify account parameters (rates, benefits, age limits).
  • Collaborate with internal teams to resolve underwriting and compliance issues.
  • Perform all other duties as assigned.

Serious candidates will possess the minimum qualifications:

  • Bachelor’s degree in Mathematics from an accredited college or university.
  • Minimum of 3 years of professional experience in underwriting, sales, or related analytical roles.
  • Proficient in Microsoft Office Suite (Outlook, Word, Excel, Powerpoint).
  • Strong mathematical, analytical, and statistical skills.
  • Knowledge of Credit Life & Disability Insurance and Debt Cancellation coverage.
  • Familiarity with life insurance regulations and compliance.
  • Excellent verbal and written communication skills, with ability to present to diverse audiences.
  • Strong organizational, time management, and interpersonal skills.
  • Experience with automated sales management tools (e.g., Salesforce.com) preferred.
  • Able to use basic office equipment (copy machine, PC, fax).
  • Able to type at least 40 WPM.
  • Able to travel locally or nationally by car or plane.
  • Able to sit for long periods and perform sedentary activities.
  • Able to stand, stoop, and kneel for filing tasks.
  • Able to push, pull, and lift up to 20 lbs.

SWBC offers*:  

  • Competitive overall compensation package
  • Work/Life balance 
  • Employee engagement activities and recognition awards 
  • Years of Service awards
  • Career enhancement and growth opportunities 
  • Leadership Academy and Mentor Program
  • Continuing education and career certifications 
  • Variety of healthcare coverage options
  • Traditional and Roth 401(k) retirement plans 
  • Lucrative Wellness Program

*Based upon employee eligibility 

     

Additional Information:

    

SWBC is a Substance-Free Workplace and requires pre-employment drug testing.

    

Please note, SWBC does not hire tobacco users as allowed by law.

    

To learn more about SWBC, visit our website at www.SWBC.com. If interested, please click the appropriate apply button.

Show full description