Employee Benefits, Underwriting Analyst
About The Position
The Underwriting Analyst supports Underwriters serving Regional Accounts (1,000–4,999 lives) and National Accounts (5,000+ lives). The role supports pre-sales, renewals, plan changes, and customer experience reporting by reviewing account information, interpreting benefit contracts and plan designs, developing ratings, and helping ensure accurate, timely underwriting work. For pre-sales, the analyst reviews RFP submissions and census data for completeness and accuracy, requests missing information from the Underwriter, and interprets group life, long-term disability, short-term disability, accidental death and dismemberment, accident, and critical illness contracts or booklets. The analyst creates ratings based on in-force plan design to develop manual rates, identifies discrepancies, and may propose alternate plan designs to closely match the existing designs. For renewals, plan changes, and reporting, the analyst works with the Underwriter to clarify outstanding questions and review proposed plan designs. The role reviews census data and experience information, applies plan changes, enters required data into pricing tools to develop formula rates, troubleshoots discrepancies, summarizes renewal information, identifies concerns, and makes recommendations to the Underwriter. The analyst is expected to meet the stated rating-accuracy targets and due dates. This is a hybrid role requiring work in an office in Hartford, Connecticut; Alpharetta, Georgia; or Lake Mary, Florida, three days per week, Tuesday through Thursday.
Requirements
- At least 3 years of work experience.
- Solid Microsoft Office knowledge, including Excel formulas, sorting, V-lookups, and pivot tables.
- Strong verbal and written communication skills.
- Solid time-management, organizational, and desk-management skills, with the ability to multitask in a fast-paced environment.
- Commitment to continuous learning, including curiosity and initiative to expand technical expertise, strengthen consultative capabilities, and adopt new tools.
Nice To Haves
- Employee Benefits experience.
- PowerPoint knowledge.
Responsibilities
- Review RFP submissions and census data for completeness and accuracy; request missing information from the Underwriter.
- Interpret group life, long-term disability, short-term disability, accidental death and dismemberment, accident, and critical illness contracts or booklets to create ratings based on in-force plan design and develop manual rates.
- Identify plan discrepancies and propose alternate plan designs as appropriate to closely match plan designs.
- Initiate consultative huddle discussions with the Underwriter to clarify questions and review proposed plan designs.
- Deliver ratings by assigned due dates while maintaining the stated 97% target and minimum 93% accuracy.
- Locate current census data, check completeness, apply data-integrity elements, and escalate when a viable census is not received.
- Compare renewal census data with current premium and experience reporting to identify discrepancies and note concerns.
- Review current plans and research and apply plan changes from the prior renewal.
- Review experience information and enter required data into pricing tools to develop formula rates.
- Identify and troubleshoot discrepancies.
- Summarize renewal information, highlight areas of concern, and make recommendations to the Underwriter.
- Populate the Renewal Notes Template.
Benefits
- Short-term or annual bonuses may be included in total compensation.
- Long-term incentives may be included in total compensation.
- On-the-spot recognition may be included in total compensation.
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What This Job Offers
Job Type
Full-time
Education Level
No Education Listed
