Group Underwriter (Temporary Assignment)

Medical Mutual•Cleveland, OH

2d•Hybrid

About The Position

The Group Underwriter evaluates data and risk characteristics of individuals or groups and make complex decisions to establish prospect and renewal rates that are compliant and in support of corporate goals for all product lines. Exercises sound judgment to make exceptions to standard underwriting results and communicates with leaders.

Requirements

Bachelor’s degree in Business, Finance or related field required.
Equivalent education and experience directly related to the role may substitute for a degree.
1-5+ years' experience as a Group Underwriter or equivalent combination of experience and training.
Strong math aptitude.
Demonstrated knowledge of underwriting concepts and techniques and general health insurance and benefit and funding designs/methodology.
Intermediate Microsoft Office skills, including Access.

Nice To Haves

Experience in the financial services or health care industry preferred.

Responsibilities

Develops renewal rates and premiums within state/federal regulations and internal policies.
Evaluates risk and uses sound judgment to propose pricing.
Identifies cost drivers and addresses exceptions and negotiations according to policy.
Performs final underwriting.
Interprets and analyzes underwriting information and data for prospective individuals and groups to develop proposed rates and programs after consulting with sales to determine the best approaches to meet the client’s objectives.
Calculates and processes benefit and funding alternatives for existing individuals and groups.
Develops meaningful benefit and funding alternatives for existing individuals and groups after collaboration with sales to determine the best approach to meet the client’s objectives.
Articulates results to peers, leadership, and sales/service.
Acts as a consultant and works with sales, brokers, clients, leadership and other areas of the company to provide reporting, analytics, insight, and creative recommendations on cost solutions that support market and company strategies.
Promotes efficiency and develops activities to enhance proficiency.
Trains more junior level analysts and identify ways to increase productivity.
Performs other duties as assigned.