Employee Benefits Underwriter III

Alliant Insurance Services•Seattle, WA

19h

About The Position

Responsible for evaluating and underwriting submissions for all pricing requests, including advanced underwriting and analysis projects. Leads and/or assists in the management and execution of assigned client projects. The role covers general underwriting and pricing for medical, pharmacy, dental, vision, life and AD&D, disability, and EAP, as well as special pricing and marketing analyses. The Underwriter works with producers, clients, underwriters, account executives, benefits analysts, internal staff, and vendors to define projects, establish timelines, complete analyses, and present findings to clients. The role also maintains client files, historical data, tracking and reporting; supports development of reporting tools, models, and training materials; reviews and mentors other underwriters; and ensures work is accurate, timely, and compliant with agency data standards.

Requirements

Bachelor's degree or an equivalent combination of education and experience.
Three or more years of related work experience.
Valid insurance license within 90 days.
Continue to meet continuing education requirements for license renewal.
Excellent verbal and written communication skills.
Excellent problem-solving and time-management skills.
Good customer service skills, including telephone and listening skills.
Excellent planning, organizational, and prioritization skills.
Ability to work within a team and foster teamwork.
Ability to manage small- and mid-level projects and effectively lead small teams to complete goals.
Ability to work productively as an individual on assigned projects.
Ability to prioritize work across multiple projects and deadlines.
Proficiency in Microsoft Office Suite, with advanced MS Excel skills required.

Responsibilities

Evaluate and underwrite submissions for pricing requests, including advanced underwriting and analysis projects.
Perform rate-development and option pricing forecasts for medical, pharmacy, dental, vision, life and AD&D, disability, and EAP.
Conduct special pricing and marketing projects, including medical network changes, claim repricing, disruption and migration analyses, insured-to-self-funded modeling, and contribution structure change modeling.
Meet with producers, clients, underwriters, account executives, and benefits analysts to define and accomplish projects.
Apply actuarial plan values and available software to pricing and analysis projects.
Use, modify, and customize underwriting models and reporting templates to meet customer needs.
Coordinate with internal staff and vendors to establish project timelines, identify deadlines, and ensure project completion.
Assist with or lead assigned client underwriting projects and present analyses to clients clearly and confidently.
Maintain data tracking and reporting for financial management, underwriting models, client reports, and other analytical deliverables.
Assist with developing new reporting tools and models.
Use carrier data and reporting systems to obtain claims data for reporting and analysis.
Analyze and challenge insurance company renewal calculations for fully insured health, dental, and vision contracts.
Maintain files and historical data for assigned clients and programs.
Pursue educational opportunities related to underwriting knowledge, market trends, and the regulatory environment.
Ensure accuracy and timeliness of work, manage timelines, and meet established deadlines.
Address incoming correspondence and respond in a timely manner.
Assist with development and training of other underwriters and preparation of training materials and presentations.
Peer review other underwriters’ work for accuracy and completeness.
Mentor Underwriter I and II employees.
Comply with agency management system data standards and maintain complete and accurate information.
Perform other duties as assigned.