Senior Underwriter

Role Description

The Senior Underwriter is responsible for analyzing and assessing the risk of new business quotes and existing business renewals for fully insured and Administrative Service Only groups. Responsibilities include:

• Ensuring profitability, customer satisfaction, and corporate goals/objectives for each assigned account.
• Providing technical advice/support to less experienced underwriters within all aspects of the underwriting process.
• Assisting in new group sales and retention of commercial business.
• Managing premium development of future risk, impacting a group’s loss ratio and financial position of the health insurance division.

Additional information:

• Pay: ~$40/hour (based on individual experience)
• Seasonal Timeline: August 2026 - January 2027
• Schedule: Part Time Shift between (8:00 AM CT - 5:00 PM CT)
• Work Location: Remote work available in approved states: Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Nebraska, New Jersey, North Carolina, Ohio, South Carolina, Texas, Virginia, Wisconsin.

How do I know this opportunity is right for me? If you:

• Have prepared and produced New Business Proposals that meet corporate turnaround times, RFP timelines, profitability, quality, and customer satisfaction.
• Can produce existing group renewals, alternative benefit designs, benefit changes, and high-cost claimant projections for fully insured and self-funded groups.
• Like to collaborate with management and advise on appropriate renewal pricing for all existing non-ACA Association blocks of business.
• Enjoy negotiating group health insurance rates and benefits with sales and external brokers.
• Can attend New Business & Change Group Intake meetings internally and externally with clients.
• Like to assist Sales Managers & Account Representatives with questions, concerns, and details regarding new/existing accounts.
• Enjoy developing and maintaining strong relationships with brokers, consultants, and internal stakeholders.
• Have maintained existing databases, spreadsheets, underwriting guidelines, and manuals with vital underwriting information.
• Can identify deficiencies and possible enhancements in department administrative policies and procedures.
• Like to stay current on industry trends, regulatory changes (ACA, ERISA, HIPAA), and competitor activity.

Qualifications

• Bachelor’s Degree in Business, Actuarial Science, Finance, Mathematics, Healthcare Administration, or related field or equivalent combination of education and experience.
• 5 or more years of experience in health insurance underwriting.
• Strong knowledge and understanding of group rating methodologies, funding arrangements, and risk adjustment.
• Proficiency in Microsoft Office Suite and underwriting/pricing tools.
• Experience with health plan systems and CRM platforms.
• Exceptional analytical and decision-making skills.
• Strong communication and presentation abilities.
• Strong knowledge of current Federal and State health insurance regulations.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Preferred Qualifications

• Experience with WPS systems and processes, including: OnBase, Facets, WebMUGs.

Remote Work Requirements

• High speed cable or fiber.
• Minimum of 10 Mbps downstream and at least 1 Mbps upstream internet connection.

Benefits

• Remote and hybrid work options available.
• Prorated Holiday Pay and On-Demand PTO.

Company Description

WPS, a health solutions company, is a leading not-for-profit health insurer and federal government contractor headquartered in Madison, Wisconsin. WPS offers health insurance plans for individuals, families, seniors, and group health plans for small to large businesses. We process claims and provide customer support for beneficiaries of the Medicare program and manage benefits for millions of active-duty and retired military personnel across the U.S. and abroad. WPS has been making healthcare easier for the people we serve for nearly 80 years. Proud to be military and veteran ready.

WPS’ culture is where the great work and innovations of our people are seen, fueled, and rewarded. We accomplish this by creating an open and empowering employee experience.