Group Underwriter Senior

Group Underwriter Senior

Location: 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 is 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

Primary duties may include, but are not limited to:

• Propose rates for NY Large Group Employer prospects, utilizing a combination of other carrier experience, demographic data (manual, blended and experience rated groups across all funding arrangements).
• Coordinate with other departments to ensure the accuracy and consistency of account reporting.
• Communicate and collaborate with Sales leads/Sales Support to provide rate proposals, to negotiate and to support all financial aspects of the RFP.
• Support all quote tracking and reporting as applicable.
• Participate in UW projects as applicable

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:

• Advanced level in Excel.
• Negotiation experience.
• Articulation of new business rate development.
• Related rate development experience in carrier or broker setting.

For candidates working in person or virtually in the below locations, the salary* range for this specific position is $84,480 to $126,720.

Location: Minnesota

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.

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation will vary depending on the above factors as well as market/business considerations.