Group Underwriting Consultant Senior at Elevance Health responsible for determining acceptability of insurance risks and appropriate premium rates. Leading underwriting for large and complex group cases and mentoring associates.
Responsibilities
Proposes rates for prospective business utilizing a combination of incumbent experience, demographic/census data and manual rates.
Own all Underwriting pieces of the RFP including rate/fee development, rate/fee templates and financial questions.
Drive any escalation required with limits of authority review.
Perform post-sale reviews and management reporting as applicable.
Coordinate with other departments to ensure accuracy and consistency of overall account reporting.
Prepare any benefit change increments and decrements.
Assist in establishing rating and administrative procedures.
Participate in major multi-functional teams as underwriting representative as applicable.
Assist in the technical development of underwriting associates, including mentoring, on the job training, and peer review.
Demonstrate leadership by recommending and guiding efficiency improvements, process changes or any other opportunities to improve the Underwriters workflow/toolset.
Negotiate, collaborate, partner with internal Sales leads/management and engage in Broker discussions/meetings as applicable.
Requirements
Requires a BA/BS in a related field
Minimum 7 years of related experience
CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred
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