Group Underwriter Senior - Anthem Balanced Funding

Elevance Health • Tampa, FL

20d • $84,480 - $132,480 • Hybrid

About The Position

Group Underwriter Senior - Anthem Balanced Funding Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The Group Underwriter Senior - Anthem Balanced Funding is responsible for determining acceptability of insurance risks and appropriate premium rates for large, complex Level Funding renewal and prospect employer groups in accordance with Corporate Underwriting Guidelines and Authority Limits. How you will make an impact: Calculates renewal rates for complex Level Funding group cases based on thorough analysis of the group's experience, industry, location, size, and demographic nature. Coordinates with other departments to ensure the accuracy and consistency of account reporting. Proposes rates and terms for group prospects, utilizing a combination of other carrier experience, demographic data and manual rates. Prepares or supervises the preparation of annual settlements, ERISA reports, rate projections, or benefit change increments or decrement. Communicates with sales, administration and claims to assess the rating and administrative impact or benefit and plan changes.

Requirements

• Requires a BA/BS in a related field
• Minimum 4 years of related experience
• or any combination of education and experience, which would provide an equivalent background.

Nice To Haves

• Level-funded plan expertise: Experience with level-funded health plans, including how they’re priced, underwritten, and renewed, preferred.
• Progress toward or completion of relevant designations/certifications (e.g., CPCU, CLU, LOMA, HIAA, or similar), preferred.
• Ability to clearly explain pricing/risk decisions and negotiate effectively with Sales and internal stakeholders, preferred.
• Make consistent decisions within guidelines and escalate issues appropriately, preferred.
• Manages deadlines, partners cross-functionally, and ensures accuracy in data and reporting, preferred.

Responsibilities

• Calculates renewal rates for complex Level Funding group cases based on thorough analysis of the group's experience, industry, location, size, and demographic nature.
• Coordinates with other departments to ensure the accuracy and consistency of account reporting.
• Proposes rates and terms for group prospects, utilizing a combination of other carrier experience, demographic data and manual rates.
• Prepares or supervises the preparation of annual settlements, ERISA reports, rate projections, or benefit change increments or decrement.
• Communicates with sales, administration and claims to assess the rating and administrative impact or benefit and plan changes.

Benefits

• In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level