Group Underwriter

Job Classification: Operations - Insurance Operations Business Overview Group Insurance is an operating unit within the U.S. Businesses Division that primarily focuses on creating, distributing, and administering a complex range of life and disability insurance products for many top Fortune 500 companies. Prudential has been underwriting group insurance plans since 1916. Today, our Group Insurance business unit is the nation's second largest group life carrier and a leading disability carrier, proudly servicing nearly 20,000 clients-and insuring more than 20 million employees and their families. Group Insurance has operation centers across the United States. The Group Underwriter is accountable for underwriting Group Life, Disability, Voluntary or Special Risk proposals, renewals and on-going case activity in accordance with statutory regulations and existing underwriting policies and practices, assessing risk and making and communicating decisions in a manner which contributes to the profitability of the product and reputation of the company. Main Job Responsibilities/Competencies Asses, calculate and specify the conditions under which Prudential is willing to accept risk for prospective and in-force customers. This includes, but is not limited to, the review and analysis of risk criteria, demographic data, financial data, rating formulas, case specific experience, product filings and statutory requirements. Demonstrates consistency and increased independence in the application of Underwriting judgment, formulating pricing decisions, negotiating within their authority limit, development of standard reporting requests and utilization of the pricing tools/applications and other resources. Premier market segment: Generally able to handle a medium volume of low to medium complexity cases with minimal assistance. Can more independently prioritize and balance multiple competing priorities with limited guidance. Independently communicate with internal partners. Actively engages in supporting the positive consultative outcomes crucial to our long-term success through the application of growing underwriting and business expertise. Creates accurate offers, standard experience reports and/or evaluations, and projections for assigned accounts. Developing business acumen for decision making and problem solving and building knowledge of the organization, processes and customers. Maintains updated records and case files in accordance with underwriting and records policies & procedures. May contribute to projects Qualifications 2+ years of Group Life and/or Disability experience Bachelor's degree or equivalent experience Strong time management, organization, and prioritization skills Ability to work independently with minimal oversight Results- and profit‑oriented mindset Strong analytical and mathematical skills Proficiency in Microsoft Office (advanced Excel preferred) Working knowledge of internal underwriting tools Excellent communication, collaboration, and relationship‑building skills Adheres to policies, procedures, and leadership competencies What we offer you Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $53,000.00 to $87,600.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Market competitive base salaries, with a yearly bonus potential at every level. Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. 401(k) plan with company match (up to 4%). Company‑funded pension plan. Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs. Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development. Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs. Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. Some of the above benefits may not apply to part‑time employees scheduled to work less than 20 hours per week. Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law. #J-18808-Ljbffr