Group Underwriting Consultant

Elevance Health•Wallingford, CT

3d•$93,896 - $153,648•Hybrid

About The Position

The Group Underwriting Consultant underwrites and prices complex large group new business for the seven states in the west region. This is a highly visible role offering exposure to senior stake holders while working on accounts up to 15,000 members. 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. 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.

Requirements

Requires a BA/BS in a related field
Minimum 5 years of related experience
Any combination of education and experience, which would provide an equivalent background.

Nice To Haves

Experienced in Medical Underwriting with a growth mindset to join the Anthem new business team.
Experience as a proactive underwriter who excels in collaborating with sales teams to secure new business opportunities, all while ensuring alignment with our company's profitability and margin objectives.
Adept at underwriting analysis with a creative approach to help us grow the commercial division.

Responsibilities

Calculates renewal rates for large complex cases based on thorough analysis of experience, location, demographics, etc.
Determines and provides guidance to medical underwriters concerning the risk selection of applicants applying for individual health coverage.
Coordinates with other departments to ensure accuracy and consistency of overall account reporting.
Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.
Performs post-sale reviews.
Prepares or supervises preparation of annual settlements, ERISA reports, rate projections, or benefit change increments and decrements.
Surveys existing product portfolios by market, monitors sales results, trends and needs, recommends product portfolio changes.
Assists in establishing rating and administrative procedures.
Participates in major multi-functional teams as underwriting representative.
Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements.
Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.
Participates in training of underwriting staff and sales staff.