Associate Underwriter

Delta Dental Plan of Michigan; Okemos (MI); Hybrid; USD 45,000 - 75,000; Full time

Job summary

Delta Dental Plan of Michigan is seeking an Associate Underwriter in Okemos, MI for a hybrid role. The position focuses on underwriting functions to support enterprise goals, including new business and a book of business with under 500 subscribers.

Responsibilities include evaluating risk, approving renewal rates, and ensuring profitability while meeting internal quality metrics. Occasional travel is required.

Qualifications

• Associate's degree in accounting, business administration, finance, mathematics, or related field.
• Strong analytical skills; strong organizational skills; strong verbal and written communication skills.
• Bachelor's degree in mathematics or related field preferred; will accept suitable education/experience combinations.

Responsibilities

• Develops underwriting understanding of insurance concepts, terminology, benefits, risk assessment, and guidelines.
• Evaluates risk, develops renewal rates, and approves contracts for assigned book of business.
• Determines eligibility and approves new business rates, proposals and contracts.
• Responds to inter-departmental requests and manages a book of business to meet sales, retention and profitability expectations.
• Fulfills duties to meet internal quality and turnaround metrics.

Skills

Analytical skills

Organizational skills

Verbal and written communication

Education

Associate's degree in accounting, business administration, finance, mathematics, or related field

Bachelor's degree in mathematics or related field preferred

Job description

Job Title:

Associate Underwriter

Number of Positions:

1

Location:

Okemos, MI

Location Specifics:

Hybrid Position

Job Summary:

At Delta Dental of Michigan, Ohio, and Indiana we work to improve oral health through benefit plans, advocacy and community support, and we amplify this mission by investing in initiatives that build healthy, smart, vibrant communities. We are one of the largest dental plan administrators in the country, and are part of the Delta Dental Plans Association, which operates two of the largest dental networks in the nation.

At Delta Dental, we celebrate our All In culture. It's a mindset, feeling and attitude we wrap around all that we do - from taking charge of our careers, to helping colleagues and lending a hand in the community.

Position Description

Performs underwriting functions to support Enterprise goals and objectives including new business and an assigned book of business on cases less than 500 subscribers.

Primary Job Responsibilities

• Develops an overall understanding of insurance concepts, dental and/or vision terminology, benefits, risk assessment, underwriting guidelines, contract language and the underwriting process and procedures.
• Evaluates risk, develops and approves renewal rates, and approves contracts for assigned book of business, consistent with approved rating formulas and methodologies.
• Determines and defines eligibility and approves new business rates, proposals and contracts.
• Responds to inter‑departmental requests and manages a book of business to ensure new sales, retention and profitability expectations are met.
• Meets internal quality and turn around metrics.

Perform other related assigned duties as necessary to complete the Primary Job Responsibilities as described above.

#LI-Hybrid

Minimum Requirements:

• Position requires an associate's degree in accounting, business administration, finance, mathematics, or a related field and two years of experience analyzing data and using mathematical and algebraic theories and formulas. A bachelor's degree in mathematics or a related field preferred. Will accept any suitable combination of education, training, or experience.
• Position requires knowledge of mathematical and algebraic theories and formulas and word processing and spreadsheet applications; strong analytical skills; strong organizational skills; strong verbal and written communication skills; and the ability to work independently and as part of a team.
• Occasional travel is required.

The company will provide equal employment and advancement opportunity within the context of its unique business environment without regard to race, color, religion, gender, gender identity, gender expression, age, national origin, familial status, citizenship, genetic information, disability, sex, sexual orientation, marital status, pregnancy, height, weight, military status, or any other status protected under federal, state, or local law or ordinance.