Senior Underwriter Accident & Health - CorSo

Locations Schaumburg, IL, US | Windsor, CT, US Location Open to Windsor, CT - or - Schaumburg, IL Accident & Health Underwriting Experience Required. About the Team As part of the Corporate Solutions (CorSo), North America, Accident & Health Team, you will join a team of experienced underwriters focused on profit-oriented underwriting for Employer Stop Loss coverage of self-funded employer health plans. Our underwriters analyze claims experience, loss ratio, and other group-specific data to evaluate risk and develop optimal coverage solutions for our clients. We collaborate with the sales team, assigned client groups, and underwriting management to generate proposals, resolve account management issues, and service customers. About the Role Underwriting: Production underwriter responsible for handling review of policies and procedures for both new and existing risks for self-funded employer health plans. Accounts vary from middle/upper middle market, as well as Fortune 500 businesses. Understand and apply commercial insurance principles to complex situations. Understand and apply data analytics to ensure we are adequately pricing for the risk under consideration. Consistently demonstrate adherence to authority limits and underwriting controls to effectively manage exposure. Able to demonstrate an in-depth understanding of both standard and non-standard policy wordings, extensions and limitations. Able to identify when to alter policy terms and the resulting impact. Understand the drivers of performance within the portfolio and provide recommended steering actions that positively influence outcomes. Customer Focus: Manage the definition, development and delivery of Accident & Health insurance products to ensure alignment with customer needs. Accurately spot trends in early stages and collaborate to improve product offerings and financial results. Review and challenge market/customer strategies, applying in-depth market understanding and innovative views. Inspire a sense of urgency from the customer/broker and CorSo decision makers to design win-win situations. Consistently demonstrate effective influencing and negotiation skills to deliver the best outcomes for CorSo. Team/Relationship Focus: Develop and maintain successful relationships with external clients and brokers. Focus on building relationships across the team and wider organization. Actively work to support the end-to-end journey. Coach and mentor less experienced underwriters. Inspire colleagues to embrace the mandate of their business areas in achieving Corporate Solutions’ strategy. Lead internal (technical/organizational) and/or provide technical expertise for external (market/client development) projects and marketing efforts. Support the business in developing appropriate analytical processes and outputs. Prioritize new ways of working. Effectively deliver change, considering the full implementation impacts on end-to-end processes and learning from past projects. Recommend measures to reduce the impact of the market/underwriting cycle. About You Educational/Professional: Bachelor's degree in a related field (Finance, Actuarial Science) preferred or equivalent experience. Minimum five years underwriting experience in Accident & Health. In-depth knowledge of insurance, with a focus on commercial Accident & Health underwriting. Strong connection within the Employer Stop Loss insurance market. Experience in producing a profitable portfolio of business within your underwriting authority. Strong analytical skills to assess exposures, coverages, terms and conditions to appropriately assign underwriting decisions on risks. Knowledge and proficiency in the use of underwriting tools, applications, guidelines, and data analytics. Keeps abreast of market environment and trends. Values, Abilities, and Skills: Strong oral and written communication skills that focus on building relationships across the team, wider organization, and with clients. Encourage collaboration in support of the end-to-end journey. Strong negotiation, analytical skills, ability to multi-task with attention to detail. Prioritize new ways of working. Effectively deliver change, considering the full implementation impacts on end-to-end processes and learning from past projects. Role-model continuous self-learning. Adept at learning and highly motivated to acquire new skills and knowledge in novel situations. Constantly looking for the best option, identifying positives and negatives, to make effective decisions in complex and novel situations. Take accountability and support the team to ensure decision making happens at the right level. Consistently demonstrate personal accountability for decisions, success and failures, challenges the status quo. Ideal candidates will distinguish themselves across multiple elements of Swiss Re’s Leadership Model (think strategically, innovate, respond actively, collaborate, promote excellence, stay accessible, foster constructive debate, demonstrate an enterprise mindset, value diversity). Miscellaneous: Demonstrated proficiency of the English language. Spanish/French a plus. Travel will be approximately five percent within the US. Preferred locations are Windsor, CT or Schaumburg, IL, but open for the right candidate. No relocation assistance will be offered. Work Environment & Compensation There is a hybrid work model where the expectation is that employees will be in the office three days per week on average. The estimated base salary range for the Senior Underwriter level in Windsor, CT or Schaumburg, IL is $128,000 to $192,000. Compensation is determined based on location, scope of role, qualifications, complexity, and experience. Equal Opportunity Employment Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual’s qualifications for the position being filled. During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the recruiter or HR professional of the accommodation needed. We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. #J-18808-Ljbffr NACBA