Underwriter Jobs

About The Position

Requirements

• Bachelor’s degree in Finance, Business Administration, Mathematics, Statistics, Actuarial Science, or a related field.
• Proficiency in Microsoft Excel, Word, and Access.
• Strong analytical and decision-making skills, with a focus on accuracy, data integrity and process consistency.
• Ability to communicate effectively with internal and external stakeholders.
• Strong organizational skills and ability to prioritize multiple tasks in a fast-paced environment.
• Demonstrated accountability and commitment to maintaining confidentiality and data security.
• Ability to manage and maintain workflow systems to ensure timely and accurate completion of underwriting and implementation tasks.

Nice To Haves

• Experience in underwriting or group insurance industry
• Equivalent financial, data, or business analytics experience
• Familiarity with SQL, R and workflow management systems

Responsibilities

• Develops and evaluates rates for new business, renewals, and benefit plan changes.
• Analyzing group experience to determine accurate rates for dental and vision insurance products.
• Applying underwriting guidelines and principles to assess risk and competitive positioning.
• Preparing rates in a timely and accurate manner.
• Collaborating with account management, ensuring alignment with client needs and company objectives.
• Conducts actual-to-expected pricing analysis.
• Reviewing claims cost projections to ensure accurate pricing and anticipated margins.
• Identifying trends or discrepancies to improve future underwriting decisions.
• Maintaining detailed documentation for retrospective and financial analysis.
• Maintains and oversees SONIC workflow for new group implementation.
• Monitors, updates, and manages workflows to ensure timely completion of underwriting and implementation steps.
• Ensures that required documentation, approvals, and deliverables progress accurately through the workflow.
• Verifies data integrity within the system to support downstream functions such as contract issuance and plan setup.
• Identifies and resolves workflow exceptions or bottlenecks in collaboration with key business partners.
• Provides input and testing support for SONIC system enhancements to improve automation, reporting accuracy, and overall process efficiency.
• Draft and customize contracts and benefit booklets.
• Preparing ASC contracts for new and existing clients based on group specifications.
• Collaborating with Compliance and other departments to finalize contract language and ensure consistency.
• Review and customize benefit booklets to accurately reflect approved plan designs.
• Collaborates with internal and external stakeholders.
• Communicating underwriting decisions and unique client features to account managers and implementation teams.
• Addressing underwriting-related questions from internal departments, brokers, and clients.
• Representing the organization professionally at conferences, client meetings, and broker events, as needed.
• Participates in training and professional development.
• Engaging in training programs to enhance underwriting knowledge, technical proficiency and system expertise.
• Collaborating with others to gain insights on complex cases and SONIC workflow optimization.
• Staying updated on industry trends and regulatory requirements.
• Supports team operations and other duties as assigned.
• Assisting team members during high-volume periods or in their absence to maintain continuity of work.
• Contributing to team discussions and projects to improve underwriting processes and data workflows.
• Maintaining confidentiality and protecting company and client data in compliance with company policies and regulations.