Senior Analyst, Underwriting Group Benefits

AB3 Nationwide Life and Annuity Insurance Co; Ohio; Hybrid; USD 63,000 - 116,000; Full time

Benefits offered by this job

Medical/dental/vision

Life insurance

Disability coverage

PTO with 18 days/year pro-rated

Job summary

Nationwide Mutual Insurance Company is seeking a Sr Analyst, Underwriting - Group Benefits, to analyze risk for individual applicants and employer group coverage. The role requires auto-decision capabilities, attention to policy details, and collaboration with internal teams to optimize offers.

Remote work is available for this position. Ideal candidates will have a Bachelor's degree, 3+ years of underwriting experience, and familiarity with LOMA or related certifications.

Qualifications

• Bachelor's degree preferred.
• 3+ years of underwriting/risk experience preferred.
• LOMA certification/designation preferred.
• Strong verbal and written communication skills.
• Strong analytical skills in risk analysis.

Responsibilities

• Maintain positive relationships with customers, agents, and state departments of insurance.
• Make risk selection decisions in a timely and quality manner.
• Underwrite specialty products and handle project work as assigned.
• Serve as subject matter expert for lower-level underwriters.
• Understand processing systems to move work efficiently.

Skills

Verbal communication

Written communication

Analytical skills

Attention to detail

Risk analysis

Time management

Education

Bachelor's degree preferred

Tools

Excel

Word

Outlook

Job description

Are you passionate about being part of a team at a Fortune 100 company with nearly $70 billion in annual sales that delivers extraordinary care to help individuals and businesses prepare for and protect their future? If so, then Nationwide Financial could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers and partners are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. Prior experience with group benefits, including self-funded and level-funded products required. Background and prior experience with medical underwriting required. Fully remote work available.

Job Description Summary

Our underwriters work hard to provide the exceptional customer experience for which Nationwide is known. Actively engaging with our firms and financial professionals to get to know their clients and their needs builds our understanding of the market, what is needed to win business and put our best offer out first. If you thrive working autonomously, making decisions on a variety of impactful issues and continuing to learn and adapt to grow, we want to know more about you! As a Sr Analyst, you’ll analyze risk for individual applicants and employer group coverage, determine eligibility based on application, product, state signed, etc. and utilize all other applicable sources to make underwriting decisions. Additionally, you will be called on to make recommendations for underwriting policy and updating the Training Guide. You will also help to manage risk assessment of specialty products and projects as assigned.

Key Responsibilities

• Maintain positive relationships with our internal and external customers through effective written and verbal communication skills, including agents, proposed insureds, and state Departments of Insurance.
• Make risk selection decisions in a quality, timely, and productive manner.
• Process and underwrite specialty products, project work as assigned.
• Serve as the subject matter expert for lower-level underwriters.
• Maintain understanding the basic framework of how our processing systems work to be able to move work properly.
• May perform other responsibilities as assigned.

Reporting Relationships

Reports to Manager or Director.

Typical Skills and Experiences

• Education: Bachelors’ degree preferred.
• Experience: 3 or more years of experience preferred.
• License/Certification/Designation: Life Office Management Association (LOMA) preferred.
• Strong verbal and written communication skills.
• Strong analytical skills in risk analysis.
• Attention to details.
• Must relate well to other departments that are involved in the underwriting process.
• Computer skills (not necessarily insurance driven) including Microsoft products of Excel, Word, and Outlook.
• Work prioritization skills.
• Knowledge of how our products function and what they cover to be able to better comprehend risk analysis decision making.
• Other criteria, including leadership skills, competencies and experiences may take precedence.

Values

Regularly and consistently demonstrates the Nationwide Values.

Job Conditions

Overtime Eligibility: Exempt (Not Eligible)

Working Conditions: Normal office environment.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Benefits

• medical/dental/vision
• life insurance
• short and long term disability coverage
• paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
• nine paid holidays
• 8 hours of Lifetime paid time off
• 8 hours of Unity Day paid time off
• 401(k) with company match
• company-paid pension plan
• business casual attire
• and more.

Salary

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment.

Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Sr Analyst, Underwriting - Group Benefits : $62,500.00-$115,500.00

The expected starting salary range for Sr Analyst, Underwriting - Group Benefits : $62,500.00 - $93,500.00

Equal Opportunity Employment

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.