New Business Acquisition - Underwriting

Product Details

Step Solutions' New Business Acquisition platform for individual and group products provides customized online workbenches for streamlined internal and external workflow management. The platform facilitates straight-through processing with a high-powered engine that features:

"My Tasks" for task management queues for each underwriter

Manual "Referred-to-Underwriter" cases based on decisions deferred by underwriting recommendation engine

Configurable attributes such as face-amounts, specific demographics or other business rules determine diversion of cases to underwriting task queues

Re-assignment of cases by underwriting supervisors

Detailed risk assessment worksheets with case details for applicant information, product information, disclosures, mortality factors and external data

Discrepancy management and risk class assessment

Manual overrides and additional requirements management

"What-if" scenario building for easy evaluation based on variable data input