Underwriting Analyst

HCC Service Company•Kennesaw, GA

9h•Hybrid

About The Position

Tokio Marine HCC (TMHCC) brings 50 years of service to the specialty insurance industry, today offering over 100 products to commercial customers in 180 countries around the world. Organic growth and over 60 successful acquisitions have grown our 2022 Gross Written Premium (GWP) to $5 Billion. Our workforce has grown to 4,300 worldwide … big, but not so big that you cannot make a difference. Our Good Company values, including integrity, empowerment, and commitment to customer service, and a culture of innovation, communication, and collaboration make TMHCC a great place to work. TMHCC Stop Loss, a $2 Billion division within TMHCC, leads the way in providing medical stop loss insurance sold to employers. Medical Stop Loss provides an added layer of insurance protection to employers who choose to self-fund their health benefit plans. Self-funding can incur risks from catastrophic claims, and Medical Stop Loss insurance from Tokio Marine HCC is designed to protect employers from that risk. This role is located onsite in Kennesaw, GA Position Summary: Under supervision: evaluate, analyze, and interpret reports and documents for underwriting purposes. Meet deadlines, prioritize tasks, and have effective time-management skills. Complete paperwork, assist in clerical tasks, and redirect questions that our producers/contacts have for other TMHCC departments.

Requirements

4 Year / Bachelor's Degree in Business Administration, Risk Management, Accounting, Finance, a related field, or the equivalent education and/or experience
Ability to read and interpret documents such as plan of benefits, bid specifications, claim reports, and procedural manuals
Possess and have the ability to apply basic knowledge of principles, practices, and procedures
Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
Good organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)
Overtime hours may be required to fulfill job responsibilities
May be required to remain stationary for extended periods of time
May be required to move up to 10 pounds
Must be able to operate a computer and other devices
Close vision and ability to adjust focus, such as required to read a computer screen

Responsibilities

Pull and distribute census and zip code information to be entered into internal databases (PA) by Underwriting Assistants.
Evaluate, analyze, and/or interpret plan documents, amendments, and/or schedules of benefits provided by third-party administrators (TPAs)/brokers
Responsible for the accuracy and completion of underwriting information and data entry forms pertaining to new and sold business, as well as renewal and life cases.
Data entry of all pertinent information obtained through the analysis of requests for proposal (RFPs) to generate manual rates from internal database.
Evaluate, analyze, and/or interpret aggregate reports provided by TPA/brokers to determine risk
Obtain all necessary information required by the Underwriters so they may provide the best quote possible for TPA/brokers.
Communicate effectively with TPA/brokers, peers, and other departments. Answer questions, within scope of ability and refer other questions to appropriate person.
Study and learn Underwriting policies and procedures
Prepare sold documentation from proprietary database and route to broker or Producer for client review and signature.
Set up and maintain all sold case files.
Update and maintain Outstanding Documents Log on a daily basis.
Follow-up and collect all sold case documentation from TPA/broker. This requires continuous follow-up with client.
Coordinate communication between the client/TPA/broker and TMHCC departments.
Act as a liaison between Administration, Underwriting, and Marketing departments.
Review and save completed sold case files for policy issuance.
Process all no n-renewals and terminations.
Notify required parties of non-renewal/termination.
Notify required parties of non-renewal/termination.