Underwriting Analyst

Berkley•Hamilton Township, NJ

20h•$26 - $31•Hybrid

About The Position

The Underwriting Analyst position is for an experienced individual with a minimum of 2+ years of experience in the stop loss field. The selected candidate will be setting up new and renewal prospects for the Captive Underwriters, as well as performing all other necessary functions required to underwrite the prospect and/or renewal. This individual will also be involved in the implementation of materials required for issuance and sold case processing. What you can expect: Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent Internal mobility opportunities Visibility to senior leaders and partnership with cross functional teams Opportunity to impact change Benefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education

Requirements

High School Diploma
Minimum of 2+ Years working in a stop loss environment
Experience and knowledge of David Young Underwriting System
Comprehensive knowledge of available employer Stop Loss products, including contract terms and RFP data interpretation
Proven track record of developing, managing and underwriting a profitable block of business
Strong mathematical background
Ability to handle large volume of work efficiently and correctly with limited errors
Excellent communication skills with internal and external customers
Ability to be productive independently, yet work in a team environment.
Strong organizational, planning, and time management skills

Nice To Haves

Creativity and problem-solving skills a plus.

Responsibilities

Knowledge of Stop Loss market and associated terms
Review RFP’s an underwriting files to ensure the data is complete an accurate
Input employer stop loss characteristics such as benefits, census, large claim information and aggregate claim assessment into David Young system
Maintain quote qualifications and competitive rates
Prepare and distribute renewal letter notifications
Participate in Captive renewal calls and biweekly Underwriting meetings
Maintain renewal spreadsheet for assigned Underwriter(s)
Ability to manage, maintain and handle assignments as warranted
Accurately document files
Sold case preparation and issuance of applications