Underwriting Analyst

Captive Resources • Itasca, IL

2d

About The Position

The Underwriting Analyst is responsible for setting up new and renewal prospects for Stop Loss/Captive Underwriters, as well as performing all other necessary functions required to underwrite the prospect and/or renewal. Heavy involvement in the implementation of materials required for issuance and sold case processing.

Requirements

• A bachelor’s degree in business, finance, insurance, mathematics, or a related field
• Knowledge of available employer Stop Loss products, including contract terms and RFP data interpretation
• Strong mathematical background
• Ability to handle large volume of work efficiently and correctly with limited errors
• Strong team attitude
• Works well independently and in a team environment
• Interpersonal skills
• Excellent written and verbal communication skills
• Strong skills in Microsoft Office, especially using Excel and Word, and other on-line computer systems
• Comfortable making presentations to small groups
• Organization, planning and prioritization skills
• Strong analytical, problem solving and judgment skills
• Strong customer service orientation
• Commitment to company values

Responsibilities

• Review, prepare and submit documents to Underwrite renewal business and new business
• Accountable for creation and preparation of proposals
• Maintain quote qualifications and competitive rates
• Sold case preparation and issuance of applications
• Input employer stop loss characteristics such as benefits, census, large claim information and aggregate claim assessment into our underwriting system (Connexure ESL Office).
• Participate in Captive renewal calls and biweekly Underwriting meetings
• Prepare and distribute renewal letter notifications
• Participate in meetings
• Generate system reports

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level