Underwriter

Summary: The Underwriter will employ complex underwriting concepts in determination of rate development for all group UW cases. The position must skillfully apply current models to rate development, as well as advise and participate in the refinement and expansion of these models. The employee will establish and apply company protocols and follow commercial medical underwriting guidelines. The Underwriter will assist in protocol development, train associate or assistant staff in performance of related duties. At the discretion of management, the Underwriter may represent the Underwriting department at corporate sponsored projects.

Responsibilities:

• Analyze health information from group applicants using commercially consistent underwriting guidelines.
• Manage communication of underwriting requirements and decisions with appropriate sales personnel.
• Be proficient in the use of all department underwriting software.
• Analyze rating software methods and make recommendations for expansions or other improvements to department underwriting software.
• Understands the competitive position of quotes and will develop mechanisms for financial comparisons.
• Train assistant personnel in department process and practice relative to group underwriting.
• Track and manage exception provision with financial implications to the company.
• Mentor junior level personnel.
• Direct compilation of all data necessary for audit of department activities.
• Ensure compliance with domestic and international insurance laws and regulations.
• Document department activities and develop with supervisor input UW guidelines for department control processes.
• Coordinate salesforce changes/fixes/enhancements under the direction of the Director – Underwriting Operations.
• Represent underwriting as a subject matter expert for projects.
• Maintain department file systems.
• Other duties as assigned.

Requirements:

• Bachelor’s degree required.
• 2 years’ experience with health insurance underwriting procedures.
• Desire to work in the international health insurance industry.
• Strong analytic skills and detail oriented.
• Strong oral and written communication skills.
• Ability to meet strict deadlines.
• Expert in Excel.
• Employee is required to have at minimum an internet speed of 75 Mbps (standard high-speed internet access).

Working Conditions:

• Flexibility to work in an office and/or at-home, remote office environment.
• Schedule flexibility is occasionally necessary in this position. Individual may be required to attend key business/departmental meetings and/or perform certain business critical job functions outside of normal working hours.
• Physical Demands: Must be able to communicate internally and externally through receiving and responding to auditory and visual methods.

This Role is a Pay grade 9 where the salary will range between 57,411$ to 73,199$ Per Year depending on experience.

This job description reflects management’s assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.