Captive Underwriter Analyst

Tokio Marine HCC • Minnetonka, MN

10d • $21 - $38

About The Position

Under immediate supervision, learns, shadows, and provides support in the Actuarial department of Tokio Marine HCC – A&H Group (TMHCC). You will be involved in activities including, but not limited to, reinsurance and pricing support, budget support, and providing key statistics, analyses and results for our medical stop loss and other related businesses.

Requirements

• Minimum 4 Year / Bachelors Degree in Business Administration, Risk Management, Accounting, Finance, a related field, or the equivalent education and/or experience.
• Ability to read and interpret documents such as plan of benefits, bid specifications, claim reports, and procedural manuals
• Possess and have ability to apply basic knowledge of principles, practices, and procedures
• Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
• Good organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
• Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word).

Responsibilities

• Pull and distribute census and zip code information to be entered into internal databases (PA) by Underwriting Assistants.
• Evaluate, analyze, and/or interpret plan documents, amendments, and/or schedules of benefits provided by third-party administrators (TPAs)/brokers.
• Responsible for the accuracy and completion of underwriting information and data entry forms pertaining to new and sold business, as well as renewal and life cases.
• Data entry of all pertinent information obtained through the analysis of requests for proposal (RFPs) to generate manual rates from internal database.
• Evaluate, analyze, and/or interpret aggregate reports provided by TPA/brokers to determine risk
• Obtain all necessary information required by the Underwriters so they may provide the best quote possible for TPA/brokers.
• Communicate effectively with TPA/brokers, peers, and other departments.
• Answer questions, within scope of ability and refer other questions to appropriate person.
• Study and learn Underwriting policies and procedures
• Pull and distribute census and zip code information to be entered into internal databases (PA) by Underwriting Assistants.
• Evaluate, analyze, and/or interpret plan documents, amendments, and/or schedules of benefits provided by third-party administrators (TPAs)/brokers.
• Prepare sold documentation from proprietary database and route to broker or Producer for client review and signature.
• Set up and maintain all sold case files.
• Update and maintain Outstanding Documents Log on a daily basis.
• Follow-up and collect all sold case documentation from TPA/broker. This requires continuous follow-up with client.
• Coordinate communication between the client/TPA/broker and TMHCC departments.
• Act as a liaison between Administration, Underwriting, and Marketing departments.
• Review and save completed sold case files for policy issuance.
• Process all non-renewals and terminations.
• Notify required parties of non-renewal/termination.
• Notify required parties of non-renewal/termination.

Benefits

• Tokio Marine HCC offers a competitive salary and a generous employee benefits package including among other benefits, subsidized medical, prescription, dental, vision and basic life and disability insurance, 401(k) plan with Company matching contributions, paid parental leave, paid time off and/or paid sick leave, and educational/loan assistance.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees