Underwriter II - Group Benefits Priority Account

The Hartford•Hartford, CT

8d•Hybrid

About The Position

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. We’re in the business of helping people achieve amazing things by protecting the things that matter most. And you can help us when you join our team of underwriters. They’re at the center of everything we do – and by joining us, you’ll be on a team known throughout the industry for providing our customers with just the right amount of coverage they need to pursue their unique interests. Your underwriting career here means collaboration, inclusivity, innovative thinking and so much more. Here, doing things the way they’ve always been done isn’t a part of the job. Here, you’ll be putting your creative insights to work with other underwriters and leaders, having a seat at the table with key decision makers. And you’ll have any number of opportunities for your career to grow in whatever direction you choose. The Underwriter will be part of the Priority Accounts (PA) Team and is responsible for: New Business, Renewals, and Inforce business opportunities which will help to build and sharpen technology (PRISM, rating system) skills. Working with Sales to negotiate rates and ensure profitability on Renewals. Ownership of assigned Sales office and to be a part of the overall block and pricing strategies. In this role you will have an opportunity to learn the intricacies of rating and building plan designs, work with pricing tools, and serve as strategic reserve for other underwriters to allow for growth and upmarket moves. Develop emerging underwriting skills and consistent technical proficiency of underwriting guidelines and underlying risk management philosophy Effectively and independently handle renewal ratings by building the formula and needed picks using Short Term Disability (STD) Incurral. Establish solid relationships with all internal and external business partners, negotiating prices and benefit options with the sales team and brokers Actively drive and participate in an assigned amount of project work and special assignments Ensure data integrity reports are promptly completed Demonstrate understanding of the elements of pricing including risk factors, manual rates, risk classification, pricing targets and reinsurance Working on STD Incurral, Administrative Service Offerings (ASO) STD, Leave Management, AMT Tool and SAADD tools. (Pricing tools)

Requirements

Bachelor’s degree preferred. Desired majors including Risk Management & Insurance, Business, Economics, Finance, Accounting and Math
Strong interpersonal and business communication skills
Minimum of 1+ years of Group Benefits Underwriting, or related experience is preferred
Solid MS Office Knowledge (Microsoft Excel formulas, sorting, v-look-ups, pivot tables)
Strong communication, presentation, interpersonal, analytical and research skills

Responsibilities

New Business, Renewals, and Inforce business opportunities which will help to build and sharpen technology (PRISM, rating system) skills.
Working with Sales to negotiate rates and ensure profitability on Renewals.
Ownership of assigned Sales office and to be a part of the overall block and pricing strategies.
Develop emerging underwriting skills and consistent technical proficiency of underwriting guidelines and underlying risk management philosophy
Effectively and independently handle renewal ratings by building the formula and needed picks using Short Term Disability (STD) Incurral.
Establish solid relationships with all internal and external business partners, negotiating prices and benefit options with the sales team and brokers
Actively drive and participate in an assigned amount of project work and special assignments
Ensure data integrity reports are promptly completed
Demonstrate understanding of the elements of pricing including risk factors, manual rates, risk classification, pricing targets and reinsurance
Working on STD Incurral, Administrative Service Offerings (ASO) STD, Leave Management, AMT Tool and SAADD tools. (Pricing tools)