Underwriting Assistant

Underwriting Assistant

 

 

Company:   EquityKeyTM

 

Location:   Irvine, California

 

Ownership:   Private

 

Web Address:  www.equitykey.com

 

 

About the Company

 

More than ever, people are living longer and require funds necessary to maintain an active lifestyle, fulfill retirement dreams, provide for healthcare needs and realize estate planning goals.  Many seniors own real estate characterized by large amounts of equity.  Till now the primary method of tapping into this equity was either selling the property or incurring additional debt in the form of mortgage loans.  In recent years, the “reverse-mortgage” has become popular among seniors owning high-equity real estate that want to benefit from their equity now, but still retain ownership.  For some, the idea of taking on additional debt is unappealing, leaving these seniors few alternatives.

 

In steps EquityKeyTM, a company who is revolutionizing the industry by providing a debt-free solution for seniors wanting to benefit from the equity in their homes.  EquityKeyTM is a premier financial services company offering a unique insurance-based product solution unheard of in the industry.  The EquityKeyTM solution is targeted toward seniors between the ages of 65 and 85 who are considering a reverse-mortgage or other types of home loans.  Rather than going into debt and risking their present equity the homeowner has worked so hard to build, EquityKeyTM believes there is a better solution.  With EquityKeyTM, seniors have the opportunity to receive debt-free cash today, and in exchange, the Company obtains the right to participate in the future real estate appreciation.  And unlike a reverse-mortgage or other home loans, this money does not accrue interest or have to be paid back.

 

EquityKeyTM is growing and has created a progressive and vibrant corporate culture, attracting both bright and articulate professionals excited by the Company’s vision.  While EquityKeyTM is considered a start-up, it enjoys all the benefits that a start-up company offers while minimizing the downside.  EquityKeyTM values work-life balance and is owned by a successful and well-funded parent company.

 

EquityKeyTM is a part of the KBC Group, one of Europe’s major financial services institutions. KBC is based in Belgium, employs some 50,000 people and serves over 11 million customers worldwide.  They are a publicly traded company with over $450 billion dollars in assets.  KBC is committed to the senior home equity market and sees the tremendous opportunity in helping seniors access some of the $4.3 trillion of home equity currently held by people over age 62.

 

It gets better.  With attractive compensation plans, generous benefit packages, a commitment to employee development and a rock solid reputation, EquityKeyTM should be your company of choice.

 

 

Position Description

 

The Underwriting Assistant has the first encounter with every new customer, thus the ideal candidate plays an important role in helping establish a customer’s positive first impression of EquityKeyTM.  The Underwriting Assistant interviews customers to garner critical information used to complete the initial application.  Once the application is taken, the Underwriting Assistant compiles required documents to support the case underwriting.  These documents include life insurance carrier forms, medical records, and internal underwriting forms.  In addition, the Underwriting Assistant is responsible for completing quality reviews of external documents such as the application packages submitted by life insurance agents.  Once a case file is complete, the Underwriting Assistant analyzes the facts related to the customer’s insurability and the subject real estate and makes an initial underwriting decision on the case.  The Underwriting Assistant is the customer’s primary contact and he/she is responsible for keeping the customer updated during the underwriting process.

 

 

Candidate Profile

 

Since the customer’s first interaction with EquityKeyTM will be with Underwriting Assistant, the ideal candidate must be comfortable speaking with customers over the phone, while demonstrating a courteous and patient demeanor.  The ideal candidate will possess the ability to establish instant rapport with customers while garnering critical information to complete the program application.  The ideal candidate should have an inherent inquisitiveness when processing customer responses to questions, exercising discernment whether to ask additional clarifying questions to determine customer eligibility.  Disqualifying a customer early in the process prevents a case file from going through the entire process only to be disqualified on the backend.  The ideal candidate will be detail-oriented, having the ability to multi-task and work on several difference cases at the same time.

 

 

Minimum Requirements:

 

•  Possesses a four-year undergraduate degree.

 

•  More than three years insurance underwriting experience.  Experience underwriting life insurance is a strong preference.

 

•  Knowledge of medical terminology is a strong preference.

 

•  Previous experience working with senior citizens is a strong preference.

 

•  Strong organizational skills and detail-orientation.

 

•  Strong interpersonal relationship skills and influencing skills.

 

•  Excellent written and verbal communication skills.

 

•  Ability to multi-task and manage multiple cases and projects.

 

•  Must be able to operate independently and with minimal supervision.

 

•  Proficient PC skills in Microsoft Office Products (Excel, Word).