Stop Loss Group Underwriter Senior

Elevance HealthWallingford, CT
Hybrid

About The Position

The Stop Loss Group Underwriting 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

  • Stop Loss Underwriting experience highly preferred.
  • CPCU, CLU, LOMA, HIAA or other insurance related courses preferred.

Responsibilities

  • Calculates renewal 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.
  • Communicates with sales, administration and claims to assess the rating and administrative impact or benefit and plan changes.

Benefits

  • merit increases
  • paid holidays
  • Paid Time Off
  • incentive bonus programs
  • medical
  • dental
  • vision
  • short and long term disability benefits
  • 401(k) +match
  • stock purchase plan
  • life insurance
  • wellness programs
  • financial education resources
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