Associate Underwriter

Delta Dental of Michigan • Okemos, MI

1d • Hybrid

About The Position

At Delta Dental of Michigan, Ohio, and Indiana, the Associate Underwriter performs underwriting functions supporting enterprise goals and objectives, including new business and an assigned book of business involving cases with fewer than 500 subscribers. The role develops an understanding of insurance concepts, dental and/or vision terminology, benefits, risk assessment, underwriting guidelines, contract language, and underwriting processes and procedures.

The Associate Underwriter evaluates risk, develops and approves renewal rates, and approves contracts for an assigned book of business in accordance with approved rating formulas and methodologies. The role also determines and defines eligibility and approves new-business rates, proposals, and contracts; responds to interdepartmental requests; and manages a book of business to support sales, retention, and profitability expectations. The position is hybrid in Okemos, Michigan, and requires occasional travel.

Requirements

• Associate degree in accounting, business administration, finance, mathematics, or a related field.
• Two years of experience analyzing data and using mathematical and algebraic theories and formulas.
• Knowledge of mathematical and algebraic theories and formulas, word-processing applications, and spreadsheet applications.
• Strong analytical skills.
• Strong organizational skills.
• Strong verbal and written communication skills.
• Ability to work independently and as part of a team.
• Occasional travel is required.
• A suitable combination of education, training, or experience will be accepted.

Nice To Haves

• Bachelor's degree in mathematics or a related field.

Responsibilities

• Develop an overall understanding of insurance concepts, dental and/or vision terminology, benefits, risk assessment, underwriting guidelines, contract language, and underwriting processes and procedures.
• Evaluate risk, develop and approve renewal rates, and approve contracts for an assigned book of business in accordance with approved rating formulas and methodologies.
• Determine and define eligibility and approve new-business rates, proposals, and contracts.
• Respond to interdepartmental requests and manage a book of business to meet new-sales, retention, and profitability expectations.
• Meet internal quality and turnaround metrics.
• Perform other related assigned duties as necessary to complete the primary job responsibilities.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree