Group Underwriter
International Medical Group
As one of the world's top International Medical Insurance companies, IMG helps individuals and companies of all sizes. Every second of every day, vacationers, those working or living abroad for short or extended periods, people traveling frequently between countries, and those who maintain multiple countries of residence use our products to give themselves global peace of mind
We are looking to grow our teams with people who share our energy and enthusiasm for creating the best experience for travelers.
JOB SUMMARY
The Group Underwriter is responsible for the review and analysis of risk presented on group product platforms. This position involves the use of various pricing models and analysis techniques. This position will work closely with members of the sales team, account services team, product team, operations and legal team.
JOB DETAILS
Location: Corporate office in Indianapolis IN
Flexible work options: Hybrid and In Office schedules available
Relocation Expenses Reimbursed: No
Qualified candidates must be legally authorized to be employed in the United States. IMG will not be providing sponsorship for employment visa status (e.g., H-1B or TN status) for this position.
PERKS
Comprehensive benefits package including Medical/RX/Dental/Vision Insurance
401k Plan with company match
Paid Time Off and Company Holidays
Free employee parking
Casual dress environment
Tuition reimbursement plan
DUTIES AND RESPONSIBILITIES
Review new business RFP’s for various product lines and determine appropriate pricing
Request and review medical records on medically underwritten programs
Review sold cases for complete information and verify rates as needed
Evaluate renewals and make pricing recommendations
Prepare formal proposals for prospects and renewals
Review policy change requests and perform plan change calculations
Complete financial exhibits and develop group performance reports when requested
Work directly with risk carrier and pricing actuaries on large opportunities
Work within authority limits and underwriting guidelines
QUALIFICATIONS
Minimum of 3 years’ experience related to group underwriting in an insurance environment
Understanding of underwriting principles and rating methodologies
High attention to detail
Ability to interpret and assess risk within company guidelines
Excellent written and verbal communication skills
Ability to establish priorities and manage multiple projects simultaneously
Requires strong mathematical and analytical skills
Advanced MS Office skills, especially in using Excel, Word, PowerBI and PowerPoint
PREFERRED SKILLS
BA/BS in Insurance or related field
Insurance industry experience working with Accident & Health and major medical products a plus
Working knowledge of medical terminology
IMG is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, national origin, religion, gender, gender identity or expression, sexual orientation, genetic information, disability, age, veteran status, and other protected statuses as required by applicable law.
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