Group Underwriter II (Stop Loss)

Overview

This position provides Rating & Underwriting services and support to the Sales team and is responsible for the production of rates for 100+ markets. The role also supports Rating & Underwriting services for Stop Loss products.

Responsibilities

• Develops and issues proposal rates for group size 100+ and experience rated proposals
• Develops and issues experience rated renewals for group size 100+
• Develops and issues renewal and proposal rates for alternately funded groups
• Approves Group Enrollment Information (GEI) and Benefit Information Forms (BIFs) where applicable
• Researches rate and benefit inconsistencies, and issues corrections and/or recommendations
• Assembles data, produces ERISA 5500 reports and settlements, and issues to Sales where applicable
• Makes decisions to offer special financial arrangements to groups and monitors outcomes as required
• Attends meetings with groups and brokers to discuss renewals and proposals and provides recommendations
• Maintains and updates monthly financial reports necessary for Enterprise Operations
• Performs other duties as assigned by management

Requirements

• Minimum High School diploma or GED
• Bachelor’s degree preferred in Math, Statistics, or Accounting
• Analysis experience preferred
• Minimum three (3) years of experience in the health insurance industry with experience in Rating/Underwriting
• Stop Loss underwriting experience highly preferred
• Knowledge of underwriting principles, benefit offerings, alternate financial mechanisms, and rating methodology
• Prefer knowledge of employer products
• Proficient in personal computers and supporting software in a Windows environment, including MS Office products (Word, Excel, PowerPoint)

Compensation & Benefits

• Salary Range: $79,100 - $105,945
• Comprehensive health benefits (Medical/Dental/Vision)
• Retirement Plans
• Generous PTO
• Incentive Plans
• Wellness Programs
• Paid Volunteer Time Off
• Tuition Reimbursement

Location

Employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware.