Group Underwriter Senior

Group Underwriter Senior

This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

The Group Underwriter Senior will be responsible for determining acceptability of insurance risks and appropriate premium rates for large, complex renewal and prospect employer groups in accordance with Corporate Underwriting Guidelines and Authority Limits.

How you will make an impact:

• Calculates renewal rates for complex group cases based on thorough analysis of the group's experience, industry, location, size, and demographic nature.
• Coordinates with other departments to ensure the accuracy and consistency of account reporting.
• Proposes rates and terms for group prospects, utilizing a combination of other carrier experience, demographic data and manual rates.
• Prepares or supervises the preparation of annual settlements, ERISA reports, rate projections, or benefit change increments or decrement.
• Communicates with sales, administration and claims to assess the rating and administrative impact or benefit and plan changes.

Minimum Requirements: Requires a BA/BS in a related field; Minimum 4 years of related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities and Experiences:

• CPCU, CLU, LOMA, HIAA or other insurance related courses preferred.
• Demonstrated proficiency in Microsoft Excel, including developing PivotTables, performing lookup functions (VLOOKUP, XLOOKUP, INDEX/MATCH), and utilizing formulas to support data analysis and reporting.
• Prior experience in underwriting, risk analysis, financial analysis, and or mathematics strongly preferred.

For candidates working in person or virtually in the below locations, the salary* range for this specific position is $76,800 to $126,720.

Location(s): Illinois; Minnesota; Virginia

In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.