Hybrid Group Underwriter Consultant

Posted 2 days ago

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About the role

  • Group Underwriter Consultant determining insurance risks and premium rates for large group cases. Requires strong analytical skills and 5+ years of related experience in underwriting.

Responsibilities

  • Calculates renewal rates for large complex cases based on thorough analysis of experience, location, demographics, etc.
  • Determines and provides guidance to medical underwriters concerning the risk selection of applicants applying for individual health coverage.
  • Coordinates with other departments to ensure accuracy and consistency of overall account reporting.
  • Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.
  • Performs post-sale reviews.
  • Prepares or supervises preparation of annual settlements, ERISA reports, rate projections, or benefit change increments and decrements.
  • Surveys existing product portfolios by market, monitors sales results, trends and needs, recommends product portfolio changes.
  • Assists in establishing rating and administrative procedures.
  • Participates in major multi-functional teams as underwriting representative.
  • Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements.
  • Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.

Requirements

  • Requires a BA/BS in a related field
  • Minimum 5 years of related experience
  • CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred
  • 8-10 years of related experience strongly preferred
  • Intermediate Microsoft Excel experience to include advanced proficiency in formulas, PivotTables, VLOOKUPs, and macros
  • Prior experience with rating tools and reporting tools (i.e. BusinessObjects or similar) preferred
  • Large group underwriting experience preferred.

Benefits

  • comprehensive benefits package
  • incentive and recognition programs
  • equity stock purchase
  • 401k contribution
  • paid holidays
  • Paid Time Off
  • medical, dental, vision benefits
  • short and long term disability benefits
  • wellness programs
  • financial education resources

Job title

Group Underwriter Consultant

Job type

Experience level

Mid levelSenior

Salary

$91,520 - $137,280 per year

Degree requirement

Bachelor's Degree

Location requirements

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