Underwriter Associate

Arkansas Blue Cross Blue Shield • Little Rock, AR

1d • Hybrid

About The Position

The Underwriter Associate evaluates health risk and establishes profitable and competitive rating levels to ensure acquisition and retention of business, while mitigating risk.

Requirements

• High School Diploma or equivalent.
• Bachelor’s degree in Business, Math, Finance, Accounting, Statistics, Economics, Health Administration, Informatics, Health Information or related field.
• In lieu of degree, five (5) years' non-clerical healthcare industry experience will be considered.
• Arkansas state Health/Life insurance license required within 6 months of date of hire.
• Mathematical skills
• Analytical skills
• Problem/Situation Analysis skills
• Decision-Making skills
• Detail-Oriented skills
• Excellent communication & interpersonal skills
• Excellent computer skills
• Active Listening
• Analytical Decision Making
• Collaborative Communications
• Computer Literacy
• Conflict Resolution Management
• Continued Learning
• Critical Thinking
• Cross-Functional Communications
• Data Analysis
• Data Management
• Information Interpretation
• Interpersonal Relationship Management
• Management Techniques
• Oral Communications
• Public Speaking
• Researching
• Sound Judgment
• Strategic Planning
• Time Management
• Written Communication

Nice To Haves

• Training through industry courses and seminars such as HIAA, FLMI, CHC, CEBS etc. preferred.
• Knowledge of medical risks, conditions, treatments, pharmacology, and medical terminology preferred.
• Strong understanding of stop loss insurance concepts (specific and aggregate)
• Experience reviewing high-dollar medical claims for stop loss reimbursement.
• Ability to interpret and apply stop loss contracts, including exclusions, lasers, deductibles, and contract provisions.
• Proven ability to analyze plan documents, stop loss policies, and amendments.
• Experience working with TPAs, brokers, Sales representatives, and finance teams.
• Ability to explain complex claim or contract issues to non technical audiences.
• Certified Employee Benefits Specialist (CEBS) - Wharton School of the University of Pennsylvania
• Certified Health Consultant (CHC) - American Health Insurance Plans (AHIP)
• Fellow, Life Management Institute (FLMI) - Life Office Management Association (LOMA)
• Health Insurance Associate (HIA) - American Health Insurance Plans (AHIP)

Responsibilities

• Fields inquiries from sales staff, agents, and brokers for new and renewal business and other related business issues.
• Maintains appropriate records for monitoring the effectiveness of underwriting practices and procedures for review and audit by regulatory authorities.
• Maintains strict compliance with Federal and State regulations for group insurance with respect to rating, risk assessment, medical underwriting and portability.
• Performs other duties as assigned.
• Prepares rates using the rating and actuarial systems, for new business and renewal activity and consistently apply all underwriting guidelines, practices and procedures.

Benefits

• Tuition reimbursement.
• Club Blue, a free, onsite gym to encourage exercise.
• Green Leaf Grill and Green Leaf Grill Express, onsite restaurants in Little Rock that promote healthy eating.
• Incentives for wellness education and exercise

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 501-1,000 employees