Group Rating Analyst

Blue Cross and Blue Shield of Kansas•Topeka, MO

5d•$85,600 - $107,000•Hybrid

About The Position

The Group Rating Analyst is responsible for executing the rating and underwriting of employer groups, ensuring accuracy and compliance with established methodologies. This role supports the Team Lead, Group Rating, in production rating, quality checking, contract facilitation, and reporting. The analyst collaborates with Sales and Underwriting to provide accurate group pricing, support inquiries, and maintain organized tracking of contracts, prospects, and concessions.

Requirements

High school diploma or equivalent required.
Minimum of 3 years of experience in group rating, underwriting, or a related analytical role within health insurance required.
Strong analytical and problem-solving skills to ensure accuracy in rating and pricing.
Detail-oriented with the ability to conduct quality checks and maintain consistency in rating methodologies.
Excellent communication skills to effectively support Sales and Underwriting teams.
Ability to interpret and apply rating methodologies for a variety of funding arrangements, including self-funded and fully insured groups.
Proficiency in managing contracts, documentation, and tracking reports.
Strong organizational skills to manage multiple tasks and meet deadlines.
Ability to work collaboratively within a team-oriented environment.
Proficiency in Microsoft Office applications (Excel, Word, Outlook, Teams) and Underwriting systems.

Nice To Haves

Bachelor's degree in Mathematics, Statistics, Business, Finance, or a related field preferred.
Experience supporting sales or broker relationships in an underwriting or pricing capacity preferred.
Familiarity with different funding arrangements, including self-funded and level-funded plans, is preferred.
Knowledge of health insurance underwriting principles and regulatory requirements preferred.

Responsibilities

Perform production rating for self-funded and fully insured employer groups, including Administrative Services Only (ASO), Level-Funded, and Merit, groups, ensuring accuracy and adherence to rating guidelines.
Assist in the quality checking process for production, ensuring accuracy and consistency.
Support the development and pricing of associations/AHPs, maintaining compliance with rating methodologies.
Train Group Rating team members and Sales staff on rating policies, methodologies, and system functionalities.
Complete and process Group Rating Information Tracker (GRIT) options, contracts, and related documents for enrolled and prospect groups in support of Sales.
Prepare and deliver prospect quotes using GRIT, ensuring alignment with corporate rating formula and underwriting standards.
Respond to inquiries from Sales, providing clear and accurate information regarding rating methodologies and group pricing.
Facilitate the organization and maintenance of self-funded group contracts.
Track and maintain records of prospects, contracts, concessions, and other key reporting elements, ensuring accurate documentation and accessibility.