Group Underwriter I

Horizon Blue Cross Blue Shield of New Jersey•Newark, NJ

1d•$70,500 - $94,395•Onsite

About The Position

This position provides Rating & Underwriting services and support to the Sales team and is responsible for the production of rates for the 51+ markets.

Requirements

High School Diploma/GED required.
Requires minimum one (1) year business experience, preferably in an insurance environment.
Must be proficient in the use of personal computers and supporting software in a Windows based environment, including MS Office products (Word, Excel, PowerPoint) and Lotus Notes; Should be knowledgeable in the use of intranet and internet applications.
Requires excellent Math abilities to be determined via interview and/or testing.
Analytical & Problem Solving Skills
Attention to Detail
Time Management
Customer Focus
Teamwork
Self-Motivated

Nice To Haves

Prefer knowledge of Horizon BCBSNJ products
Prefer knowledge of underwriting principles, benefit offerings, alternate financial mechanisms and rating methodology.

Responsibilities

Develops and issues renewal rates for group size 51+.
Manages book of business independently up to authority limits, providing recommendations and analysis to Sales.
Analyzes both Account specific metrics and marketplace data to determine appropriate rate levels.
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 and produces ERISA 5500 reports and issues to Sales, where applicable.
Performs other duties as assigned by management.