Underwriting Associate

CVS Health

1d • $17 - $34

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary Supports the company's ability to achieve financial and strategic goals through effective underwriting protocols and standards, identifying, evaluating, and managing risk to maximize revenue, membership, and earnings. Performs pre-underwriting analysis for new and renewal of group contracts and accountings at a proficiency level. Reviews assigned cases within the department's book of business including multiple product types, funding arrangements and rating methodologies. Supports Managers and Directors in managing the day-to-day underwriting team tasks, goals, and responsibilities.

Requirements

• Minimum of 1-2 years of experience in underwriting analysis.

Nice To Haves

• Proficiency in Microsoft Office Suite, particularly Excel.
• Experience using Salesforce.

Responsibilities

• Communicates with underwriting associates on protocols and procedures to facilitate the execution of routine business tasks.
• Maintains effective relationships with departments to ensure information sharing and daily communication.
• Assists in the review of underwriting procedures for new business quotes, patient renewals, and accounting.
• Organizes medical requests according to priorities and develops patient care and recommendations.
• Monitors the financial, accounting, and confidential information of the patient and retrieves care plans details from organizational data systems.
• Defines the administrative processes for the underwriting department in order to effectively manage workflows.
• Observes underwriting associates and takes direction from senior management on key success strategies.
• Operates across an underwriting team and assists with minimal supervision; executes a series of underwriting activities.
• Compiles information on third party vendors to inform the underwriting decision-making process.

Benefits

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED