Lead Stop Loss Group Underwriter

Voya Financial, Inc.; Minneapolis (MN); On-site; USD 110,000 - 170,000; Full time

Job summary

Voya Financial, Inc. is seeking a Lead Stop Loss Group Underwriter in Minneapolis to independently underwrite complex group insurance applications, with authority to approve cases up to 10,000 lives.

The role provides guidance to junior underwriters, evaluates risk, analyzes client data, and coordinates underwriting activities across proposals, renewals, and amendments. The position emphasizes pricing accuracy, funding methods, and maintaining client relationships, with responsibilities spanning

Responsibilities

• Independently underwrites complex group insurance applications within guidelines for standard or substandard issuance.
• Has authority to approve cases up to 10,000 lives.
• Provides guidance and work direction to lower level group underwriters.
• Provides input to performance reviews.
• Evaluates risk for the most complex group insurance products.
• Analyses data such as financial condition of the client company, employee group characteristics, participation percentage, industry, or past claim experience to determine benefits and rates.
• Ensures proper pricing and appropriate funding methods.
• Coordinates underwriting activities on proposals, new cases, renewals, and amendments.
• Ensures the company can administer the client’s proposed benefit plan design and funding method.
• Develops and maintains relationships with field personnel and clients by answering general questions and obtaining information for decisions.
• Documents and communicates decisions to necessary areas in the division.
• Reviews cases exceeding underwriter’s review level.

Job description

Lead Stop Loss Group Underwriter

Together we fight for everyone’s opportunity for a better financial future. We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today. Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision. Are you ready to join a company with a strong purpose and a winning culture?

Get to Know the Opportunity

1. Independently underwrites complex group insurance applications within guidelines set for the issuance of policies on a standard or substandard basis.
2. Has authority to approve cases up to 10,000 lives.
3. Provides guidance and work direction to lower level group underwriters.

Location: Voya Financial Minneapolis Office 250 Marquette Ave., Suite 900 Minneapolis, MN 55401

The Contributions You’ll Make

• Provide guidance and work direction to lower level group underwriters.
• Provide input to performance reviews.
• Evaluate risk for the most complex 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.
• Document and communicate decisions to necessary areas in the division.
• Review cases exceeding underwriter’s review level.