Group Underwriter Consultant Sr.
About the position
The Group Underwriter Consultant Sr. at Elevance Health is a senior technical underwriting expert responsible for assessing insurance risks and determining appropriate premium rates for large and complex group cases. This role involves collaboration with various departments to ensure accurate account reporting and the development of underwriting associates.
Responsibilities
Ā Calculates renewal rates for large complex cases based on thorough analysis of experience, location, demographics, etc.
,
Ā Determines and provides guidance to medical underwriters concerning the risk selection of applicants applying for individual health coverage.
,
Ā Coordinates with other departments to ensure accuracy and consistency of overall account reporting.
,
Ā Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.
,
Ā Performs post-sale reviews.
,
Ā Prepares or supervises preparation of annual settlements, ERISA reports, rate projections, or benefit change increments and decrements.
,
Ā Surveys existing product portfolios by market, monitors sales results, trends and needs, recommends product portfolio changes.
,
Ā Assists in establishing rating and administrative procedures.
,
Ā Participates in major multi-functional teams as underwriting representative.
,
Ā Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements.
,
Ā Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.
Requirements
Ā Requires a BA/BS in a related field.
,
Ā Minimum 7 years of related experience, or any combination of education and experience that would provide an equivalent background.
Nice-to-haves
Ā CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred.
,
Ā Proficiency in Microsoft Excel and PowerPoint is strongly preferred.
,
Ā Strong communication and presentation skills.
Benefits
Ā Merit increases
,
Ā Paid holidays
,
Ā Paid Time Off
,
Ā Incentive bonus programs
,
Ā Medical benefits
,
Ā Dental benefits
,
Ā Vision benefits
,
Ā Short and long term disability benefits
,
Ā 401(k) with matching
,
Ā Stock purchase plan
,
Ā Life insurance
,
Ā Wellness programs
,
Ā Financial education resources
Apply Now
The Group Underwriter Consultant Sr. at Elevance Health is a senior technical underwriting expert responsible for assessing insurance risks and determining appropriate premium rates for large and complex group cases. This role involves collaboration with various departments to ensure accurate account reporting and the development of underwriting associates.
Responsibilities
Ā Calculates renewal rates for large complex cases based on thorough analysis of experience, location, demographics, etc.
,
Ā Determines and provides guidance to medical underwriters concerning the risk selection of applicants applying for individual health coverage.
,
Ā Coordinates with other departments to ensure accuracy and consistency of overall account reporting.
,
Ā Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.
,
Ā Performs post-sale reviews.
,
Ā Prepares or supervises preparation of annual settlements, ERISA reports, rate projections, or benefit change increments and decrements.
,
Ā Surveys existing product portfolios by market, monitors sales results, trends and needs, recommends product portfolio changes.
,
Ā Assists in establishing rating and administrative procedures.
,
Ā Participates in major multi-functional teams as underwriting representative.
,
Ā Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements.
,
Ā Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.
Requirements
Ā Requires a BA/BS in a related field.
,
Ā Minimum 7 years of related experience, or any combination of education and experience that would provide an equivalent background.
Nice-to-haves
Ā CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred.
,
Ā Proficiency in Microsoft Excel and PowerPoint is strongly preferred.
,
Ā Strong communication and presentation skills.
Benefits
Ā Merit increases
,
Ā Paid holidays
,
Ā Paid Time Off
,
Ā Incentive bonus programs
,
Ā Medical benefits
,
Ā Dental benefits
,
Ā Vision benefits
,
Ā Short and long term disability benefits
,
Ā 401(k) with matching
,
Ā Stock purchase plan
,
Ā Life insurance
,
Ā Wellness programs
,
Ā Financial education resources
Apply Now