Medical Group Underwriter Senior

Elevance Health (Anthem); New York (NY); Hybrid; USD 84,000 - 138,000; Full time

Job summary

Elevance Health is seeking a Senior Medical Group Underwriter in New York to determine acceptability of complex renewal and prospect employer groups and set premium rates according to underwriting guidelines. The role requires a BA/BS and at least 4 years of related experience, with strong Excel and PowerPoint skills preferred.

Position offers in-office 1-2 days per week collaboration, with flexibility for virtual work to support productivity and work-life balance.

Qualifications

• Requires a BA/BS in a related field.
• Minimum 4 years of related experience.
• Strong Excel and PowerPoint skills preferred.

Responsibilities

• Calculates renewal 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.

Skills

Excel

PowerPoint

Education

BA/BS in related field

Job description

Medical Group Underwriter Senior

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

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

How you will make an Impact

• Calculates renewal 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.

Minimum Requirements

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, Experiences and Competencies

Strong Excel and PowerPoint skills preferred.

Salary and Locations

For candidates working in person or virtually in the below locations, the salary* range for this specific position is $84,480 to $138,240.

Locations: Connecticut, New York

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 Details

Job Level: Non-Management Exempt

Workshift: 1st Shift (United States of America)

Job Family: UND > Group Underwriting

Hiring 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 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.

Benefits

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bon