Group Insurance Underwriter

ECLARO; Minneapolis (MN); Hybrid; USD 70,000 - 130,000; Full time

Job summary

ECLARO in Minneapolis seeks a Stop Loss Underwriter for a hybrid role. The contract runs through December 2026 with potential extension and possible conversion to permanent for the right candidate. The rate depends on experience.

You will evaluate employer group medical stop loss submissions, analyze risk factors, pricing, and funding terms, and support underwriting decisions for new business and renewals. Collaboration with brokers, clients, and internal teams is essential.

Qualifications

• 0–8 years underwriting experience required or preferred.

Responsibilities

• Evaluate risk for group insurance products; analyze client data to determine benefits and rates.
• Coordinate underwriting activities on proposals, new cases, renewals, and amendments.
• Develop relationships with field personnel and clients; explain and defend underwriting actions.
• Contribute to division profitability through experience and expense analysis and product line performance.

Skills

Underwriting experience

Analytical skills

PC skills

Communication skills

Job description

Contract till December 2026 with possible extension

Can be contract to perm to the right candidate

REMINDER: THE RATE FOR THIS ROLE DEPENDS ON THE EXPERIENCE LEVEL!

Profile Summary

Under general supervision underwrites intermediate level group insurance applications within guidelines set for the issuance of policies on a standard or substandard basis. Has authority to approve cases up to 3,000 lives.

Job Description

Contractor to Perm for the right candidate.

Location: Hybrid to Minneapolis, preffered. Must be commutable to site if converting to perm.

Rate based on level of experience.

Client's Employee Benefits division is seeking Stop Loss Underwriters to evaluate employer group medical stop loss submissions and support underwriting decisions for both new business and renewal opportunities. This role analyzes risk and pricing factors, including group demographics, claim experience, large claimant activity, participation, plan design, contract terms, funding arrangements, and overall profitability, while ensuring proposed stop loss coverage aligns with underwriting guidelines and can be effectively administered. The underwriter partners with internal teams, field personnel, brokers, and clients to gather information, communicate decisions, and support competitive, financially sound solutions across the stop loss book of business. Successful candidates bring strong analytical judgment, attention to detail, problem-solving ability, and clear communication skills, with responsibilities and approval authority increasing by level.

• Associate Group Underwriter: Entry-level underwriting role working under direct supervision on basic group insurance applications; approval authority up to 1,000 lives; typically requires 0–2 years of underwriting experience.
• Senior Group Underwriter: Independently underwrites more difficult and complex group insurance applications; approval authority up to 5,000 lives; typically requires 3–4 years of group underwriting or voluntary benefits experience; may provide training and guidance to lower-level underwriters.
• Lead Group Underwriter: Independently underwrites the most complex cases and provides broader guidance, work direction, training, and quality/performance input; approval authority up to 10,000 lives; typically requires 5–8 years of underwriting experience, with supplemental health experience preferred.

Profile Description

• Evaluate risk for group insurance products. Analyze data such as financial condition of the client company, characteristics of employee groups, participation percentage, type of industry, or past claim experience to determine benefits and rates. Ensure proper pricing and appropriate funding methods. Coordinate underwriting activities on proposals, new cases, renewals, and amendments. Ensure that the company can administer the client's proposed benefit plan design and funding method. Develop and maintain relationships with field personnel and clients by answering general questions and obtaining information on which to base decisions. Explain and defend underwriting courses of action. Document and communicate decisions to necessary areas in the division. Review cases exceeding underwriter's review level.
• Contribute to total division profitability by analyzing/assessing client profitability through experience and expense analysis and attention to product line performance.
• Other duties as assigned.

Skills/Knowledge/Abilities

• 0-8 years underwriting experience
• Strong problem-solving and analytical skills
• PC skills including word processing and spreadsheet applications
• Excellent written and oral communication skills