Benefits Underwriter

CoAd; Bradenton (FL); On-site; USD 75,000 - 95,000; Full time

Job summary

CoAd is seeking a detail-oriented Benefits Underwriter to join our growing team in Bradenton, FL. You will review health insurance submissions, assess risk, and determine pricing and policy terms.

The ideal candidate has 3–5 years in health insurance, strong analytical and communication skills, and the ability to work independently while collaborating with sales and actuarial teams. We offer mentorship, ongoing training, and a fast-paced environment within a nationwide client base.

Qualifications

• Minimum 3-5 years’ experience in the health insurance industry required.
• Bachelor's Degree preferred but will accept strong combination of experience and education.
• Technical underwriting knowledge and skills reflective of progression in positions of increasing responsibility.
• Excellent interpersonal and communication skills (both written and verbal).
• Strong attention to detail and organizational skills.
• Must strive to provide service levels that exceed industry standards and demonstrate teamwork across functional areas.

Responsibilities

• Perform underwriting functions including submission reviews, pricing analysis, and setting policy terms and conditions.
• Evaluate, classify and rate each risk to determine acceptability, coverage and pricing.
• Apply sound underwriting and business judgment in timely analysis of group health applications.
• Partner with Actuarial Department to price specific accounts as needed.
• Liaise with Claims Department on any specific claim activity.
• Utilize knowledge of automated systems to develop information for new and renewal business.
• Explain business decisions on whether or not to underwrite proposals and respond to questions from Sales.

Skills

Underwriting

Health insurance knowledge

Attention to detail

Communication skills

Microsoft Office

Education

Bachelor's Degree

Tools

Microsoft Excel

Microsoft Word

Job description

CoAd helps businesses navigate the complexities of workforce management through a combination of technology, expertise, and human support. Serving more than 17,000 clients nationwide, CoAd delivers payroll, HR, benefits administration, compliance support, workforce technology, and PEO services that help organizations simplify operations, support their employees, and drive growth.

Built on the belief that workforce solutions should be integrated, intuitive, and people-centered, CoAd empowers employers to manage their workforce with greater confidence while adapting to the evolving needs of today’s workplace.

We are seeking a detail-oriented, thorough, and organized Benefits Underwriter to join our growing team. As a Benefits Underwriter, your primary responsibility will be to review case submissions for insurance and evaluate the degree of risk. The ideal candidate for this position is astute, self-assured, decisive, and is able to complete tasks and make decisions independently.

Key Responsibilities

• Perform underwriting functions including underwriting submission reviews, pricing analysis, and setting of policy terms and conditions.
• Evaluate, classify and rate each risk to determine acceptability, coverage and pricing.
• Apply sound underwriting and business judgment in the timely analysis of group health applications, either approving or denying new business.
• Partner with Actuarial Department to price specific accounts as needed.
• Liaise with Claims Department on any specific claim activity.
• Utilize knowledge of automated systems to develop information for new and renewal business.
• Partner with Sales Team to:
• Explain business decision on whether or not to underwrite proposals.
• Respond to questions from Business Consultants on quotes and benefits.
• Provide on-going training and guidance on what qualifies as good business.
• Mentor and train Junior Underwriters.
• Stay current with respect to major industry issues and developments.
• Have a sense of urgency around resolution and follow up in a timely manner.
• Work collaboratively with the entire team and elevate issues as appropriate.
• Take pride and ownership to provide service within the company established guidelines for timeliness, quality and effectiveness.
• Reviews new business prospect evaluations.
• Facilitates sales submission and quotation process associated with the PEO health insurance sales initiatives.
• Assesses degree of risk and exposure to individual client health insurance claims. Make selection and rejection decisions.
• Interacts with Sales to assure compliance with insurance carrier underwriting and group eligibility requirements.
• Acts as a liaison between the sales and service organizations, carrier and client to resolve routine questions and requests for information from the carrier.
• Provides product and industry technical support and expertise.
• Performs basic underwriting analysis, and calculations.
• Responds to questions and ad hoc requests from sales and other departments.
• Maintains the underwriting activity tracking log to ensure accuracy and completion of data fields.
• Compiles data from various sources to produce reports on underwriting activity, issues and trends.
• Audits the underwriting files periodically for accuracy and appropriate documentation.

Required Skills & Experience

• Minimum 3-5 years’ experience in the health insurance industry required
• Bachelor's Degree preferred but will accept strong combination of experience and education
• Technical underwriting knowledge and skills reflective of progression in positions of increasing responsibility.
• Excellent interpersonal and communication skills (both written and verbal).
• Strong attention to detail and organizational skills.
• Must strive to provide service levels that exceed industry standards and demonstrate teamwork across functional areas.
• Possess the aptitude to work in a highly competitive market, be innovative in business production and retention; be able to adapt to changing markets and internal requirements.
• Strong time management skills, being able to prioritize, and handle multiple tasks.
• Resourceful and results driven with strong problem solving and analytical skills.
• Proficient with Microsoft Office products and internet research tools.

About CoAd

CoAd helps businesses navigate the complexities of workforce management through a combination of technology, expertise, and human support. Serving more than 17,000 clients nationwide, CoAd delivers payroll, HR, benefits administration, compliance support, workforce technology, and PEO services that help organizations simplify operations, support their employees, and drive growth.

Built on the belief that workforce solutions should be integrated, intuitive, and people-centered, CoAd empowers employers to manage their workforce with greater confidence while adapting to the evolving needs of today’s workplace.

EEO

CoAd is committed to providing equal employment opportunities to all employees and applicants without regard to race, color, religion, national origin, ancestry, citizenship status, age, sex (including pregnancy, childbirth, breast feeding and pregnancy-related medical conditions), gender, gender identity or expression, sexual orientation, marital status, uniform service member and veteran status, disability, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances.

About CoAd

CoAd helps businesses navigate the complexities of workforce management through a combination of technology, expertise, and human support. Serving more than 17,000 clients nationwide, CoAd delivers payroll, HR, benefits administration, compliance support, workforce technology, and PEO services that help organizations simplify operations, support their employees, and drive growth.

Built on the belief that workforce solutions should be integrated, intuitive, and people-centered, CoAd empowers employers to manage their workforce with greater confidence while adapting to the evolving needs of today’s workplace.

EEO

CoAd is committed to providing equal employment opportunities to all employees and applicants without regard to race, color, religion, national origin, ancestry, citizenship status, age, sex (including pregnancy, childbirth, breast feeding and pregnancy-related medical conditions), gender, gender identity or expression, sexual orientation, marital status, uniform service member and veteran status, disability, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances.