Senior Group Underwriter

Voya Financial, Inc.; Minneapolis (MN); Híbrido; USD 90.000 - 130.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Health, dental, vision and life plans

401(k) with company matching

Retirement plan—cash balance

Tuition reimbursement

Paid time off and holidays

Volunteer time

Descripción de la vacante

Voya Financial, Inc. is seeking a skilled group underwriter to independently underwrite challenging group insurance applications. The role offers flexible work location with 100% remote work or hybrid options at major office locations.

You will train lower-level underwriters, assess risk, pricing and funding methods, and coordinate proposals, renewals, and amendments while maintaining client relationships. A strong analytical mindset and communication skills are essential.

Formación

• High School Diploma or GED.
• 4-6 years Stop Loss underwriting experience.
• Strong problem-solving and analytical skills.
• Excellent written and oral communication skills.
• Excellent written and oral communication skills.

Responsabilidades

• Underwrites independently the more difficult group insurance applications within guidelines.
• Approve cases up to 5,000 lives.
• Provide training and guidance to lower-level group underwriters.
• Evaluate risk for complex group insurance products.
• Analyze financial condition and client variables to determine benefits and rates.
• Ensure proper pricing and funding methods.
• Review cases exceeding underwriter review level.
• Contribute to profitability through experience and expense analysis.

Conocimientos

Problem solving

Analytical skills

Communication skills

PC skills (MS Office)

Educación

Bachelor’s degree preferred

Bachelor’s degree preferred

Herramientas

Word processing

Excel

Descripción del empleo

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.

Start your Voyage – Get to Know the Opportunity:

Independently underwrites the more difficult group insurance applications within guidelines set for the issuance of policies on a standard or substandard basis. Has authority to approve cases up to 5,000 lives. Provides training and guidance to lower-level group underwriters. Please Note: Work location for this role is FLEXIBLE! This position allows 100% remote work from home or allows work to be performed in any of our major office locations with a hybrid schedule.

Contributions You’ll Make:

• Provide training and guidance to lower-level group underwriters.
• Evaluate risk for the more 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.
• Reviews 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.

Minimum Knowledge & Experience:

• High School Diploma or GED
• 4-6 years Stop Loss underwriting experience.
• Strong problem-solving and analytical skills
• PC skills including word processing and spreadsheet applications.
• Excellent written and oral communication skills

Preferred Knowledge & Experience:

• Bachelor’s degree preferred.

Compensation Pay Disclosure:

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities. The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting. Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Be Well. Stay Well. Voya provides the resources that can make a difference in your lives.

To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.

What We Offer

• Health, dental, vision and life insurance plans
• 401(k) Savings plan – with generous company matching contributions (up to 6%)
• Voya Retirement Plan – employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250/year
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year

Learn more about Voya benefits (download PDF)

Critical Skills

• Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
• Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well‑reasoned solution.
• Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
• Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
• Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Equal Employment Opportunity

Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.

Reasonable Accommodations

Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.

Misuse of Voya's name in fraud schemes

Voya Financial, Inc., is a leading retirement, employee benefits and investment management company. Voya’s services and solutions help clear the path to financial confidence and a more fulfilling life for individual, workplace and institutional clients, supporting more than 18 million customer relationships.

Certified by the Great Place to Work® Institute as a Great Place to Work® for the 10th consecutive year, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible.

Voya’s culture is proudly recognized by multiple organizations. See a full listing of our awards and recognition.

We care We do the right thing We have customer passion We have a winning spirit We are the We Certified by the Great Place to Work® Institute as a Great Place to Work® for the 10th consecutive year, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya’s culture is proudly recognized by multiple organizations. See a full listing of our awards and recognition.