Insurance underwriter vs consumer loan underwriter

Differences between insurance underwriter and consumer loan underwriter duties and responsibilities

Insurance underwriter example responsibilities.

• Manage patient's records, appointments, and account balances while adhering to HIPPA standards.
• Manage A/R, A/P, credentialing, surgery scheduling, and coordinate patient referrals to other physicians.
• Manage operating procedure and accounting systems for payroll, operating expenses, supplies and inventory management and commercial accounts.
• Prepare all HCFA billing with proper ICD-9 codes and CPT codes for accurate turn around time on payments.
• Follow up with insurance carriers and patients to expedite the recovery of payment obligations
• File insurance and process billing and payments, coordinate patients financial arrangements, present treatment plans, verify insurance coverage.
Show more

Consumer loan underwriter example responsibilities.

• Ensure proper coding are accomplished by determining the appropriate code in accordance with ICD-9 and CPT guidelines.
• Innovate technical solutions, including development of complex macros within MSP, to automate work and reduce manual processes
• Manage a pipeline of fund TRID loans for completeness so they can be deliver and purchase by the required investor.
• Manage the organization's HMDA data and accurately complete the government reporting annually.
• Render underwritten decisions and subsequently clear conditions per underwriting policies and procedures, including knowledge of FNMA and FMLMC guidelines.
• Generate and distribute IRB committee meeting minutes in accordance with appropriate federal regulations.
Show more