About the role

  • Underwriting Consultant delivering underwriting and financial support to clients at a leading brokerage firm. Utilizing analytical skills in health insurance underwriting with a strong focus on client goals and strategies.

Responsibilities

  • underwrite health coverages; project future renewals/plan costs and evaluate carrier renewal actions
  • analyze claim patterns/trends
  • utilize actuarial modeling tools to develop alternative strategies
  • evaluate the impact of migration and selection
  • complete standard set of client-facing monthly reports including claims, enrollment and large claim activity
  • transmit to client with appropriate commentary
  • create and present alternative funding modeling
  • use data to identify cost drivers and develop financial strategies
  • prepare premium equivalent rates for self-funded clients
  • evaluate carrier renewal calculations
  • model employee contribution scenarios
  • evaluate financial impact of PPACA and other benefits-related legislation
  • evaluate network discounts
  • conduct stop loss marketing and negotiations
  • evaluate PEOs, captive arrangements, reference-based pricing and pharmacy contracts for consideration by clients
  • evaluate impact of mergers & acquisitions on plan costs
  • remain current on cost containment strategies, all benefits-related legislation

Requirements

  • minimum formal education of a bachelor’s degree (BA/BS)
  • minimum 10 years of underwriting experience in group medical underwriting, at carrier and/or consulting firm
  • strong technical and analytical skills
  • Microsoft Office Suite proficiency
  • intermediate Excel skills (pivot tables, charts, graphs, etc.)
  • excellent communication skills, both verbal and written
  • strong presentation skills.
  • ability to work independently and collaboratively with a team
  • strong problem-solving skills and advanced critical thinking skills.
  • effective time management and decision-making skills.
  • detail-oriented
  • Life, Accident and Health Insurance License required
  • GBA or CEBS Certification a plus

Benefits

  • medical
  • dental
  • vision
  • disability
  • life insurance
  • retirement savings
  • paid time off
  • paid holidays

Job title

Underwriting Consultant

Job type

Experience level

SeniorLead

Salary

$84,200 - $140,000 per year

Degree requirement

Bachelor's Degree

Location requirements

Report this job

See something inaccurate? Let us know and we'll update the listing.

Report job