Senior Group Underwriter

godirect; United States; Remote; USD 79,000 - 99,000; Full time

Job summary

Voya Financial is seeking a Senior Underwriter for Stop Loss group insurance to independently underwrite complex applications and approve cases up to 5,000 lives. You will train junior underwriters and coordinate activities across proposals, renewals, and amendments.

The role offers flexible work location, including remote and hybrid options, with a base salary range of $78,990 to $98,740 and potential incentives. Strong analytical and communication skills are essential.

Qualifications

• 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.
• Bachelor's degree preferred.

Responsibilities

• 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.
• 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.

Skills

Analytical skills

Strong problem-solving

PC skills

Written and verbal communication

Education

High School Diploma or GED

Stop Loss underwriting experience

Bachelor's degree preferred

Job description

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.

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.

The 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.

$78,990 - $98,740 USD

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 re