Underwriter I - Group Reinsurance Plus

The Hartford•Hartford, CT

1d•Hybrid

About The Position

The Underwriter I will be part of the Group Reinsurance Plus underwriting team with responsibility for group Disability and Life case presales, sold new business, renewals, and in force business opportunities which will help to build and sharpen skills. In this role you will be working with client company underwriters to negotiate rates and ensure profitability on assigned business, within established underwriting guidelines and authority levels. You will have an opportunity to learn the intricacies of rating and building plan designs, work with pricing tools and provide risk management and pricing support for GRP client company staff, and develop emerging underwriting skills and consistent technical proficiency of underwriting guidelines and underlying risk management philosophy.

Requirements

Minimum of 1+ years of Group Benefits Underwriting, or related experience is required.
Proficiency in manually rating group LTD, STD, Life and AD&D coverage.
Basic proficiency in experience rating STD and LTD lines where applicable.
A customer-first mindset, putting our customers at the center of everything you do.
A passion for making decisions through both analyzing data and employing critical thinking skills.
A team spirit and desire to work collaboratively.
A financial mindset to help make the best decisions.
Ability to own your work and follow through on commitments.
Ability to decipher and execute within a fluid and changing business environment.
Strong communication, presentation, interpersonal, analytical and research skills.
Solid MS Office Knowledge (Microsoft Excel formulas, Word, PowerPoint).

Nice To Haves

Learn the intricacies of rating and building plan designs.
Work with pricing tools and provide risk management and pricing support for GRP client company staff.
Develop emerging underwriting skills and consistent technical proficiency of underwriting guidelines and underlying risk management philosophy.

Responsibilities

Underwrites pre-sale, sold new business and renewal groups of up to 500 lives.
Demonstrates understanding of the elements of pricing including risk factors, manual rates, risk classification, pricing targets and reinsurance.
Applies all Group Reinsurance Plus underwriting guidelines when making decisions.
Understands pricing tool outputs, key concepts, and the logic behind how the tools work.
Ensure data integrity reports are promptly completed.
Establishes solid relationships with all internal and external business partners.
Works directly with GRP client company underwriting and sales personnel on presales, new business, renewal, and service issues.
Negotiates prices and benefit options with GRP client company underwriters.
Focus on development of presentation skills for internal underwriting discussions.