Medical Group Underwriter Senior

Elevance Health•New York, NY

6d•Hybrid

About The Position

The Medical Group Underwriter Senior determines the acceptability of insurance risks and appropriate premium rates for large, complex renewal and prospective employer groups, following Corporate Underwriting Guidelines and Authority Limits. This hybrid role requires associates to work in an office 1–2 days per week. Alternate locations may be considered for candidates within commuting distance of an office; candidates outside a reasonable commuting distance will not be considered unless an accommodation is granted as required by law. The position is not eligible for current or future visa sponsorship. The role calculates renewal rates using analysis of group experience, industry, location, size, and demographics; proposes rates and terms for prospective groups using other-carrier experience, demographic data, and manual rates; and prepares or supervises annual settlements, ERISA reports, rate projections, and benefit-change calculations. It also coordinates with other departments to ensure account-reporting accuracy and communicates with sales, administration, and claims teams about the rating and administrative effects of benefit and plan changes. This is a non-management, exempt, first-shift position. The stated salary range for candidates working in Connecticut or New York is $84,480–$138,240. Compensation may vary based on factors such as location, experience, education, skills, and business considerations. Elevance Health offers a comprehensive benefits package, subject to eligibility requirements.

Requirements

Bachelor of Arts or Bachelor of Science in a related field, or an equivalent combination of education and experience.
Minimum 4 years of related experience, or an equivalent combination of education and experience.
Strong Excel and PowerPoint skills are preferred.

Nice To Haves

Strong Excel skills.
Strong PowerPoint skills.

Responsibilities

Calculate renewal rates for complex group cases based on analysis of the group's experience, industry, location, size, and demographic nature.
Coordinate with other departments to ensure the accuracy and consistency of account reporting.
Propose rates and terms for group prospects using other-carrier experience, demographic data, and manual rates.
Prepare or supervise preparation of annual settlements, ERISA reports, rate projections, and benefit-change increments or decrements.
Communicate with sales, administration, and claims to assess the rating and administrative impact of benefit and plan changes.
Determine the acceptability of insurance risks and appropriate premium rates for large, complex renewal and prospective employer groups in accordance with Corporate Underwriting Guidelines and Authority Limits.