Group Underwriter Senior (Stop Loss)

CareBridge • Wallingford, CT

87d • $78,624 - $134,784

About The Position

The Group Underwriter Senior is responsible for determining acceptability of insurance risks and appropriate premium rates for large, complex renewal and prospect employer groups in accordance with Corporate Underwriting Guidelines and Authority Limits.

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

• CPCU, CLU, LOMA, HIAA or other insurance related courses preferred.
• Stop Loss underwriting experience preferred.
• Demonstrated knowledge, and proficiency in Medical Stop Loss Underwriting.

Responsibilities

• Calculates stop loss rates for complex 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, 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

• Comprehensive benefits package
• Incentive and recognition programs
• Equity stock purchase
• 401k contribution
• Paid Time Off
• Medical, dental, vision benefits
• Short and long term disability benefits
• Life insurance
• Wellness programs
• Financial education resources

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Ambulatory Health Care Services
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees