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Synergistic Systems Inc logo

Annuity Claims Specialist -Remote

Synergistic Systems Inc
Posted 5 hours ago
🇺🇸United States🏠Remote💰$40.0–$45.0/hr📁Finance
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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. Compensation: $40.00 - $45.00 per hour Our History Years ago, SynergisticIT founders Carlos Pinzon and Antonio Proto recognized a significant gap in IT consulting and staffing services. On the one hand there are thousands of staffing firms who overload their clients with resumes that do not come close to meeting client needs. Alternatives—such as global consulting firms with costly layers of bureaucracy—achieve great results, but at a very high price. In response, Carlos and Antonio built a new type of IT staffing company where technical recruiters—all experienced IT professionals—match IT resources to our client’s exact job requirements, providing superior talent at a lower cost and far lower risk. Our Mission SynergisticIT’s mission is to match great companies with great talent, serving our clients with professionalism, honesty and integrity. Our Vision To be the number one choice of Fortune 1000 companies seeking critical IT talent. If you are an IT professional who is passionate about IT, join us! SynergisticIT has been providing leading Fortune 1000 companies and government agencies with top IT talent for over 25 years. Our firm is led by IT professionals so we understand you, respect your talent, and recognize the value you can provide to our clients. Whether you are seeking a consultant or a full time employee position, we will find a match for you with one of our premier clients. Unlike many other consulting firms, SynergisticIT will prepare you for the interview and support you throughout your consulting engagement.

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