Group Underwriter Senior

Elevance Health; Seven Hills (OH); Hybrid; USD 75,000 - 100,000; Full time

Benefits offered by this job

Merit increases

Paid Time Off

Incentive bonus programs

401(k) with match

Life insurance

Job summary

A prominent health company in Seven Hills is seeking a Group Underwriter Sr who will determine the acceptability of insurance risks for large employer groups. Responsibilities include calculating rates based on group analysis, coordinating with other departments, and preparing annual reports. A BA/BS in a related field and a minimum of 4 years of relevant experience are required. Preferred qualifications include CPCU, CLU, or similar certifications. This role promotes a hybrid work strategy, requiring office presence 1-2 days per week.

Qualifications

• Minimum 4 years of related experience or equivalent combination of education and experience.
• CPCU, CLU, LOMA, HIAA, or other insurance-related courses preferred.

Responsibilities

• Determine acceptability of insurance risks and appropriate premium rates.
• Calculate new business rates for complex group cases.
• Propose rates and terms for group prospects.

Skills

Insurance Risk Assessment

Rate Calculation

Coordination with Departments

Communication Skills

Education

BA/BS in a related field

Job description

Location

This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

Group Underwriter Sr

The Group Underwriter Sr is responsible for determining acceptability of insurance risks and appropriate premium rates for large, complex prospect employer groups in accordance with Corporate Underwriting Guidelines and Authority Limits.

How You Will Make an Impact

• Calculates new business rates for complex group cases based on thorough analysis of the group's experience, industry, location, size, and demographic nature.
• Coordinates with other departments to ensure the accuracy and consistency of account reporting.
• Proposes rates and terms for group prospects, utilizing a combination of other carrier experience, demographic data and manual rates.
• Prepares or supervises the preparation of annual settlements, ERISA reports, rate projections, or benefit change increments or decrement.
• Communicates with sales, administration and claims to assess the rating and administrative impact or benefit and plan changes.

Requires a BA/BS in a related field; Minimum 4 years of related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences

CPCU, CLU, LOMA, HIAA or other insurance related courses preferred.

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact [e-mail] assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act