Underwriter - Group Reinsurance Plus

The Hartford•Hartford, CT

1d•Hybrid

About The Position

The Underwriter will be part of the Group Reinsurance Plus underwriting team and will handle group Disability and Life case presales, sold new business, renewals, and in-force business opportunities. The role works with client company underwriters to negotiate rates and support profitability on assigned business within established underwriting guidelines and authority levels. The underwriter will develop skills in rating, plan design, pricing tools, and risk management, while building technical proficiency in underwriting guidelines and the underlying risk management philosophy. The role underwrites presale, sold new business, and renewal groups of up to 500 lives. It applies Group Reinsurance Plus underwriting guidelines and uses pricing tools to assess risk factors, manual rates, risk classifications, pricing targets, and reinsurance. The position also provides pricing and risk management support to Group Reinsurance Plus client company staff and works with internal and external business partners on underwriting, sales, and service matters. This position follows a hybrid schedule, with an expectation of working in an office three days a week, Tuesday through Thursday. The annualized base pay range is $53,618–$80,427. Actual base pay may vary based on factors including performance, proficiency, and demonstrated competencies. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition.

Requirements

At least 1 year of Group Benefits Underwriting or related experience.
Proficiency in manually rating group LTD, STD, Life, and AD&D coverage.
Basic proficiency in experience rating STD and LTD lines where applicable.
Strong communication, presentation, interpersonal, analytical, and research skills.
Solid knowledge of Microsoft Office, including Excel formulas, Word, and PowerPoint.

Responsibilities

Underwrite presale, sold new business, and renewal groups of up to 500 lives.
Work with client company underwriters to negotiate rates and support profitability on assigned business within established guidelines and authority levels.
Learn rating methods and plan design, and use pricing tools to provide pricing and risk management support to Group Reinsurance Plus client company staff.
Apply Group Reinsurance Plus underwriting guidelines when making decisions.
Understand pricing tool outputs, key concepts, and the logic behind the tools.
Promptly complete data integrity reports.
Build relationships with internal and external business partners.
Work directly with Group Reinsurance Plus client company underwriting and sales personnel on presales, new business, renewals, and service issues.
Negotiate prices and benefit options with Group Reinsurance Plus client company underwriters.
Develop presentation skills for internal underwriting discussions.