Underwriter

Principal Financial Group • Des Moines, IA

3d • $23 - $41 • Hybrid

About The Position

As an Underwriter at Principal Financial Group, you will be at the forefront of evaluating risks and underwriting standard group insurance cases. This outstanding opportunity allows you to apply your expertise in rating and risk analysis of prospects, new cases, amendments, and renewals. You will gather and review appropriate information to ensure that all data is reasonable, complete, and accurate. Additionally, you will analyze data, make corrections, and perform necessary calculations. Serving as a technical resource for processes, operations, and systems, your role will be pivotal in driving our mission to make financial security accessible to all!
Situated where financial services and technology converge, Principal designs financial products that support better living for our customers. We are proud to be guided by a clear purpose, motivated by our objective to make financial security accessible to everyone. Our principles, honesty, and customer dedication have made us a reliable leader for over 140 years!

Requirements

• Bachelor's degree or equivalent required, plus 0 - 2 years underwriting or insurance experience preferred, as well as basic knowledge of business unit products
• Must have strong planning/organizational, problem-solving, analytical, time management, decision-making, and oral and written communication skills, as well as general math skills
• Computer skills and knowledge of business unit applications preferred
• Must be able to maintain accuracy while being detail oriented
• Ability to maintain confidentiality is required
• Travel may be required (5%), including overnight stays

Responsibilities

• Assess risk/liability and calculate/negotiate rates on cases by analyzing industry, demographics, claim history, and plan build.
• Obtain and assess necessary information for support functions to verify that all data is logical, comprehensive, and exact. Inspect data, adjust errors, and conduct calculations. Manage and disseminate information when needed.
• Serve as a technical expert for specialized processes by responding to inquiries, suggesting solutions, and supporting other team members.
• Research and answer standard risk-related questions, providing information and recommendations to internal and external customers.
• Participate in special projects concerning operational issues, systems, and processes. Assist with training on process changes.
• Perform other job-related duties or special projects as required.

Benefits

• Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness.
• Pension Eligible

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees