GROUP UNDERWRITING CONSULTAN

Direct Staffing Inc; Milwaukee (WI); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading company in insurance is seeking a Group Underwriting Consultant in Milwaukee. This role requires a technical expert who can assess risks and set premiums for large group cases. Ideal candidates will have at least 5 years of experience and a degree in finance or a related field, with insurance certifications preferred.

Qualifications

• Requires a degree in a related field and 5 years experience in underwriting or similar.
• Insurance certifications preferred (CPCU, CLU, etc.).

Responsibilities

• Calculate renewal rates for large complex cases and provide guidance on risk selection.
• Coordinate with other departments for accurate reporting and product recommendations.
• Assist in the technical development of underwriting associates.

Skills

Risk Assessment

Data Analysis

Communication

Education

BA/BS in related field

CPCU, CLU, LOMA, HIAA, PAHM or similar

Job description

Finance / Accounting - Policy Underwriting

Job Description

GROUP UNDERWRITING CONSULTANT

MILWAUKEE, WI

Finance / Accounting - Policy Underwriting

Exp 5-7 yrs

Relo

Bonus

Travel

Job Description

Responsible for determining acceptability of insurance risks and appropriate premium rates for large and complex group cases. Position is a technical underwriting expert.

Primary duties may include, but are not limited to:

- Calculates renewal rates for large complex cases based on thorough analysis of experience, location, demographics, etc.

- Determines and provides guidance to medical underwriters concerning the risk selection of applicants applying for individual health coverage.

- Coordinates with other departments to ensure accuracy and consistency of overall account reporting.

- Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.

- Prepares or supervises preparation of annual settlements, ERISA reports, rate projections, or benefit change increments and decrements.

- Surveys existing product portfolios by market, monitors sales results, trends and needs, recommends product portfolio changes.

- Assists in establishing rating and administrative procedures.

- Participates in major multi-functional teams as underwriting representative.

- Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements.

- Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.

Qualifications

Requires a BA/BS in a related field; 5 years of related experience; or any combination of education and experience, which would provide an equivalent background. CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred

Additional Information

All your information will be kept confidential according to EEO guidelines.

Direct Staffing Inc