Group Underwriter
About The Position
As one of the world's top International Medical Insurance companies, IMG helps individuals and companies of all sizes. Every second of every day, vacationers, those working or living abroad for short or extended periods, people traveling frequently between countries, and those who maintain multiple countries of residence use our products to give themselves global peace of mind We are looking to grow our teams with people who share our energy and enthusiasm for creating the best experience for travelers. The Group Underwriter is responsible for the review and analysis of risk presented on group product platforms. This position involves the use of various pricing models and analysis techniques. This position will work closely with members of the sales team, account services team, product team, operations and legal team.
Requirements
- Minimum of 3 years’ experience related to group underwriting in an insurance environment
- Understanding of underwriting principles and rating methodologies
- Ability to interpret and assess risk within company guidelines
- Ability to establish priorities and manage multiple projects simultaneously
- Requires strong mathematical and analytical skills
- Advanced MS Office skills, especially in using Excel, Word, PowerBI and PowerPoint
- Qualified candidates must be legally authorized to be employed in the United States.
- IMG will not be providing sponsorship for employment visa status (e.g., H-1B or TN status) for this position.
Nice To Haves
- BA/BS in Insurance or related field
- Insurance industry experience working with Accident & Health and major medical products a plus
- Working knowledge of medical terminology
Responsibilities
- Review new business RFP’s for various product lines and determine appropriate pricing
- Request and review medical records on medically underwritten programs
- Review sold cases for complete information and verify rates as needed
- Evaluate renewals and make pricing recommendations
- Prepare formal proposals for prospects and renewals
- Review policy change requests and perform plan change calculations
- Complete financial exhibits and develop group performance reports when requested
- Work directly with risk carrier and pricing actuaries on large opportunities
- Work within authority limits and underwriting guidelines
Benefits
- Comprehensive benefits package including Medical/RX/Dental/Vision Insurance
- 401k Plan with company match
- Paid Time Off and Company Holidays
- Free employee parking
- On site fitness center
- Casual dress environment
- Tuition reimbursement plan
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
251-500 employees
