Grace Nanfito
Omaha,NE
Summary
Hands-on life insurance underwriter with extensive experience in mortality risk assessment, regulatory compliance, and financial analysis. Adept at leveraging product knowledge and financial analysis to assess and manage risk. Excels independently, and as part of a team, in fast-paced environments.
Overview
28
28
years of professional experience
1
1
Certification
Work History
Life Insurance Underwriter II
American Income Life
01.2024 - Current
- Remote position
- Current work on a Risk Score audit project collecting data from underwritten cases to determine the accuracy of the tool, suggesting where changes could be made to make it more effective. Regular meetings with upper management to discuss data findings.
- Evaluate applications for term, whole life, accidental death, cancer, and hospital coverage for customers ranging in age from newborn to 90, to determine qualification and appropriate risk classifications.
- Minimize company exposure to losses by diligently adhering to established underwriting standards in all decision-making processes.
- Deliver consistent results within designated authority levels by accurately assessing applicant insurability risks according to company guidelines.
- Daily use of Milliman Prescription checks, Risk Scores from Milliman Intelliscript, and Swiss Re
- Thorough review of MIBs, MVRs, phone calls, inspections, exams and labs to determine eligibility and proper risk classification.
- Proficient written communication with agents and internal colleagues regarding outstanding requirements.
Senior Underwriter
Allstate Insurance Corp.
02.2023 - 10.2023
- Company Overview: Allstate Digital Life Division, Remote
- Provided full underwriting of direct to consumer term life products ages 18-60 with face amounts up to $1 million; independent signing authority $1 million/Table 6.
- Use of Swiss Re, MIB coding, Milliman Prescription Checks, Health and Lab Piqs, frequent email communication directly with the customer to obtain needed information.
- Regular communication with internal customers to discuss cases and needed requirements.
- Project work on product and system efficiency/accuracy.
Life Insurance Underwriter
Interviews by Underwriters (IBU)
04.2005 - 01.2023
- Remote position
- 2014 to 2023 completed detailed summaries of confidential medical records for home office underwriters, to include a comprehensive review of the entire file, documentation of each office visit, phone call, and written communication, recorded all lab and test results, extracted information regarding each health concern as it applies to life insurance and communicated missing information.
- 2005 to 2008, Conducted phone interviews with clients who had recently applied for insurance through an agent. Gathered extensive medical and prescription history to supplement the application.
Life Brokerage Underwriting Consultant
Mutual of Omaha Ins. Company
07.1997 - 01.2005
- Onsite position
- Agency Life Underwriter:
- Full underwriting duties for accurate risk selection and rating. Developed a close working relationship with agents and their office staff to obtain outstanding requirements. Use of North American Underwriting manual.
- Life Brokerage Underwriting Consultant:
- Full underwriting of impaired cases for brokers competing to secure the best rate for their clients. Use of ING underwriting manual and direct consultations with on staff medical doctors. Independent signing authority of $1 million/Table 4.
Skills
- MIB Rules
- Communication Skills
- Regulatory Compliance
- Relationship Building
- Caseload management
- Risk assessment
- Teamwork and collaboration
- Attention to detail
- Organizational skills
- Critical thinking
Certification
- 10/1998 Academy of Life Insurance Underwriting Cert, Part 1
- 01/1998 Health Ins. Assoc America Grp Health, Parts A, B, & C
- 09/1995 Associate of Customer Service (ACS)
- 01/1994 Life Office Management Association Level 1
- 07/1992 Health Ins Assoc America Ind Health, Parts A & B
- 08/1989 Medical Terminology
Timeline
Life Insurance Underwriter II
American Income Life
01.2024 - Current
Senior Underwriter
Allstate Insurance Corp.
02.2023 - 10.2023
Life Insurance Underwriter
Interviews by Underwriters (IBU)
04.2005 - 01.2023
Life Brokerage Underwriting Consultant
Mutual of Omaha Ins. Company
07.1997 - 01.2005
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