Lead Stop-Loss Group Underwriter - Senior Risk Leader

Voya Financial; Minneapolis (MN); On-site; USD 89,000 - 149,000; Full time

Benefits offered by this job

Health insurance

401(k) Savings plan

Tuition reimbursement

Paid time off

Volunteer time off

Job summary

Voya Financial in Minneapolis seeks a Lead Stop Loss Group Underwriter to independently underwrite complex group insurance applications and guide junior underwriters. The role involves approving cases up to 10,000 lives and coordinating underwriting activities across proposals, renewals and amendments.

You will evaluate risk, develop pricing strategies, and maintain client relationships while contributing to division profitability and strategic product development.

Qualifications

• High School Diploma or GED
• 6-8 years underwriting experience
• Strong problem-solving and analytical skills
• PC skills including word processing and spreadsheet applications
• Excellent written and oral communication skills

Responsibilities

• 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.
• Contribute to total division profitability by analyzing/assessing client profitability through experience and expense analysis and attention to product line performance.
• Participate in product development and enhancements. Represent underwriting/service team perspective based on personal knowledge and experience. Participate in regional marketing rollouts.
• Other duties as assigned.

Skills

Underwriting experience

Strong problem-solving

Analytical skills

PC skills

Excellent communication

Education

Bachelor’s degree preferred

Job description

Voya Financial in Minneapolis seeks a Lead Stop Loss Group Underwriter to independently underwrite complex group insurance applications and guide junior underwriters. The role involves approving cases up to 10,000 lives and coordinating underwriting activities across proposals, renewals and amendments.

You will evaluate risk, develop pricing strategies, and maintain client relationships while contributing to division profitability and strategic product development.