Group Underwriting Consultant Sr

Elevance Health (Anthem); Woodland Hills (KY); Hybrid; USD 113,000 - 169,000; Full time

Benefits offered by this job

Comprehensive benefits

Incentive programs

Equity stock purchase

401k contribution

Job summary

Elevance Health is seeking a Group Underwriter Consultant Sr to determine acceptability of insurance risks and appropriate premium rates for large and complex group cases. This role is the most senior technical underwriting expert and collaborates with Sales and Actuarial teams.

Hybrid work arrangement requires 1-2 days in-office weekly, with flexibility and potential alternate locations within commuting distance. Salary ranges are provided and benefits are described in the posting.

Qualifications

• BA/BS in a related field is required.
• Minimum 7 years of related underwriting experience.
• Large Group new business underwriting experience is preferred in California.

Responsibilities

• Determine acceptability of insurance risks and appropriate premium rates for large and complex group cases.
• Coordinate with other departments to ensure accuracy of account reporting.
• Collaborate with Sales and Actuarial teams to price complex cases.

Skills

Group underwriting

Underwriting experience

California market knowledge

Education

BA/BS in related field

Job description

Group Underwriter Consultant Sr

Position Title: Group Underwriter Consultant Sr

Locations

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.

PLEASE NOTE: This position is not eligible for current or future VISA sponsorship.

Role Overview

The Group Underwriter Consultant Sr is responsible for determining acceptability of insurance risks and appropriate premium rates for large and complex group cases. Position is the most senior technical underwriting expert.

Impact

• Calculates new business rates for large complex cases based on thorough analysis of experience, location, demographics, etc.
• 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.
• Performs post-sale reviews.
• 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.
• Partner with Sales to understand needs of clients and customers
• Collaborate with Actuarial teams to accurately price complex cases.

Minimum Requirements

Requires a BA/BS in a related field; Minimum 7 years of related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Experiences and Competencies

• Large Group new business underwriting experience in California market.
• Ability to learn and work within complex Rating Systems.

Salary and Benefits

For candidates working in person or virtually in the below locations, the salary* range for this specific position is $112,884 to $169,326

Location(s): California

In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education, and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Job Classification

Job Level: Non-Management Exempt

Workshift: 1st Shift (United States of America)

Job Family: UND > Group Underwriting

Recruitment Policy

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