Technical Underwriter, Insurance Innovation

As a Technical Underwriter at Bestow, your primary responsibilities include enhancing and supporting the underwriting logic within our instant decision platform, conducting performance audits, monitoring underwriting metrics, and executing administrative tasks related to underwriting processes. This role requires close collaboration with various teams to ensure effective risk management and quick adaptation to industry changes.

To be considered for the Technical Underwriter role at Bestow, you should have a minimum of 5 years of production life insurance underwriting experience, along with at least 1 year of experience with underwriting rules engines. Familiarity with MIB codes and strong data analysis skills are essential. Professional designations such as AALU, ALMI, or CLU are preferred.

Bestow is committed to supporting work-life balance for Technical Underwriters by offering flexible work-from-home policies, generous paid time off, and parental leave programs. Our aim is to create an environment where you can excel in your career while enjoying a fulfilling personal life.

The team culture at Bestow is mission-driven and results-oriented, focused on innovation and collaboration across various departments. As a Technical Underwriter, you’ll find yourself in a supportive and inclusive environment that encourages individualism and authenticity, all while working towards the common goal of enhancing financial stability for everyone.

At Bestow, we offer substantial growth opportunities for Technical Underwriters, including career advancement within underwriting and exposure to various teams and projects that can expand your skills and knowledge. Our culture of continuous learning encourages our employees to pursue professional development and gain valuable experience in insurance technology.

When answering this question, focus on specific projects or experiences where you utilized underwriting rules engines. Explain the processes you managed and the outcomes you achieved, emphasizing your technical skills and ability to improve underwriting efficiency.

Discuss the strategies you have implemented to conduct audits. Be sure to mention any specific metrics you've tracked and how you adjusted processes based on your findings to enhance overall underwriting efficiency.

Share the resources you rely on to stay informed, such as industry publications, webinars, and professional networks. Highlight your proactive approach to learning and adapting in a rapidly changing industry.

In your response, narrate a specific situation that demonstrates your problem-solving skills and resilience. Explain the steps you took to resolve it, focusing on your decision-making process and outcomes.

Show your organizational skills and attention to detail by describing your methods for managing multiple administrative tasks. Describe any tools or systems you use to ensure accuracy and efficiency in your work.

Discuss your experience with data analysis and how it informs your underwriting decisions. Provide examples of how you've used data to identify trends, improve processes, or evaluate risk effectively.

Provide examples of UAT projects you've been involved in, outlining your approach to testing and ensuring that the underwriting systems meet business requirements. Highlight the importance of collaboration with cross-functional teams.

Share specific methodologies including data monitoring and analysis, feedback collection from peers, or insights from audits that you've used to identify areas for improvement in underwriting practices.

Explain your understanding of the legal/compliance framework relevant to insurance and how you incorporate those guidelines into your underwriting processes. Mention any tools or approaches to stay compliant.

Reflect on what excites you most about the intersection of technology and insurance. Discuss your passion for innovation, helping clients, or improving risk management as key drivers for your career path.