Annuity Claims Specialist -Remote
Boost your chances before you apply.
Synergistic Systems Inc
US
Summary
The Annuity Claims Specialist will review contestable death claims and evaluate Medical Information Bureau inquiries for an existing book of business. They are responsible for validating medical history, assessing risk for policy reinstatements, and utilizing proprietary systems to process claims.
Job Description
Our client, a major Life Insurance carrier is seeking an Annuity Claims Specialist for a long term (2 year minimum) contract position. This job can be worked remotely.
The Annuity Claims Specialist will review contestable death claims related to annuities and evaluate Medical Information Bureau (MIB) inquiries for an existing book of business.
Annuity Claims Specialist responsibilities include the following:
- Contestable claims review will require an evaluation of the cause of death and validating that there was no material misrepresentation with the original health history that was used at the time of the policy issue, or that was provided during a reinstatement that required medical underwriting.
- Policy reinstatement requests will include evaluating client responses to medical questions, medical examinations, lab work, or review of physician’s records to complete the underwriting risk evaluation to determine whether a lapsed policy should be placed back in force. Use of Swiss Re manual for risk assessment. Run manual MIB for all reinstatement requests and report MIB codes
- MIB inquiries: Medical Information Bureau may request member firms to validate prior medical condition reports made on individual annuity applicants.
- Business Process: Claims and reinstatement inquiries are received at insurance carrier administrative offices and are routed to an underwriting queue for review and evaluation. MIB inquiries will be sent via secure email for review and response.
Requirements:
- Ideally, candidates should have good product knowledge of annuities and life insurance.
- Strong verbal and written communication skills, ability to multitask, and logic is preferred.
- Claims and or underwriting background is preferred.
- Candidates should have an investigative mindset. Determined to seek answers if something does not make sense.
- Will use multiple proprietary systems top process claims, so ability to learn new systems quickly is critical.
- Solid experience with MS Office products.
- At least 4 years of Annuity Claims experience.
- Candidates with strong Life Insurance Death Claims experience will be considered.
- Works well independently or with minimal supervision
- Certified Annuity Specialist (CAS), Life and Annuity Certified Professional (LACP) or Certified Annuity Advisor (CAA) certifications, courses or designations are a big plus.
- A bachelor’s degree or equivalent combination of education/experience.
- Nice to have : Experience with the Resonant underwriting platform.
This is a remote position.
SynergisticIT is a premier provider of professional services and full-time employee staffing solutions, trusted by Fortune 1000 companies and government agencies since 2007. Formerly known as Synergistic Systems, Inc., we specialize in delivering top-tier IT and business talent to meet our clients' most critical needs.
Our approach is powered by a unique Intelligent Recruiting Process that combines AI-driven talent search technology with a rigorous internal screening methodology. This ensures we connect our clients with exceptional professionals who excel in their roles.
Our Specialties:
Data Scientists
Retirement Plan Specialists
Scrum Masters & Agile Experts
Project Managers
Information Security Specialists
Industries We Serve:
Financial Services, Retirement Systems, Insurance, Nonprofits, Media/Entertainment, Transportation (Airline, Auto, Rail), and Municipal Government Services.
Our Services:
Staff Augmentation
Professional Services (SOW engagements)
Full-Time Employee Placements
SynergisticIT is led by experienced professionals with successful careers in IT and business. We value talented, honest, and driven individuals and are dedicated to creating meaningful connections between great companies and exceptional talent.
Our Mission:
To deliver staffing solutions with honesty and integrity, fostering lasting partnerships between outstanding organizations and outstanding professionals.
Founded
2007
Company size
11-50 employees
Industry
Staffing and Recruiting
Org type
Privately Held
Headquarters
Iselin, NJ
SynergisticIT is a premier provider of professional services and full-time employee staffing solutions, trusted by Fortune 1000 companies and government agencies since 2007. Formerly known as Synergistic Systems, Inc., we specialize in delivering top-tier IT and business talent to meet our clients' most critical needs.
Our approach is powered by a unique Intelligent Recruiting Process that combines AI-driven talent search technology with a rigorous internal screening methodology. This ensures we connect our clients with exceptional professionals who excel in their roles.
Our Specialties:
Data Scientists
Retirement Plan Specialists
Scrum Masters & Agile Experts
Project Managers
Information Security Specialists
Industries We Serve:
Financial Services, Retirement Systems, Insurance, Nonprofits, Media/Entertainment, Transportation (Airline, Auto, Rail), and Municipal Government Services.
Our Services:
Staff Augmentation
Professional Services (SOW engagements)
Full-Time Employee Placements
SynergisticIT is led by experienced professionals with successful careers in IT and business. We value talented, honest, and driven individuals and are dedicated to creating meaningful connections between great companies and exceptional talent.
Our Mission:
To deliver staffing solutions with honesty and integrity, fostering lasting partnerships between outstanding organizations and outstanding professionals.
Founded
2007
Company size
11-50 employees
Industry
Staffing and Recruiting
Org type
Privately Held
Headquarters
Iselin, NJ