Senior Analyst, Underwriter

Role Description

Performs underwriting analysis and risk assessment for new and/or renewal of large group contracts and accountings. Assigned cases/book of business include multiple product types, funding arrangements and/or rating methodologies.

• Prepares and delivers moderately complex new business quotes, existing business renewals and/or accountings.
• Independently reviews work for accuracy and recommends pricing and/or accounting alternatives based on financial analysis, underwriting principles, and business strategy.
• Anticipates questions and formulates responses.
• Utilizes advanced functionality of underwriting tools, systems, and reference materials to produce accurate quotes, renewals and/or accountings.
• Applies underwriting guidelines and grants underwriting exceptions/financial variances for their assigned cases within the authority limit for the position.
• Independently assists sales personnel in explaining rate/fee, accounting balance development, and communicating underwriting policy.
• May present information to employers, brokers, and consultants.
• Produces timely and accurate customer-specific documents, deliverables, and accounting-related information.
• Ensures the pricing supports the quote/renewal strategy.
• Assists department with projects or workgroups.
• Identifies and supports process improvement through automation or process change.
• Conducts audits on premiums, fees, and claim wires to ensure all receivables are accurate and accounted for.
• Tracks and approves customer allowances or MBE/WBE goals using compliance guidelines.
• Assists less experienced underwriters in the development of technical skills or specific subject matter.

Qualifications

• Bachelor's Degree or equivalent experience.
• 3+ years’ experience in underwriting/accounting concepts, pricing methodologies, and funding arrangements.
• Experience working with standard Microsoft Office products.
• Demonstrated success in collaborating with others to meet/exceed expectations.
• Demonstrated ability to utilize analytical and independent thinking skills.
• Demonstrated success prioritizing work and the ability to multi-task in a fast-paced environment.
• Experience providing clear and concise written and verbal communications.

Requirements

• 3 - 5 years’ experience in medical underwriting/accounting concepts, pricing methodologies, and funding arrangements.
• Public and Labor Underwriting experience preferred but not required.

Benefits

• Comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families.
• Medical, dental, and vision coverage.
• Paid time off.
• Retirement savings options.
• Wellness programs and other resources, based on eligibility.