Senior Group Underwriter Consultant - Pricing & Strategy

Elevance Health; Columbus (GA); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Elevance Health is seeking a Group Underwriter Consultant Senior to determine acceptability of insurance risks and set appropriate premium rates for large and complex group cases. You will be the most senior underwriting technical expert and mentor associates.

The role requires collaboration with Sales, Actuarial, Finance and other teams to price, renew, and guide risk selection, while managing a portfolio of large clients and ensuring adherence to policies and controls.

Qualifications

• Requires a BA/BS in a related field; Minimum 7 years of related experience.
• Advanced Microsoft Excel experience, including complex formulas and macros.
• CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred.
• Student health population experience and/or PEO experience preferred.

Responsibilities

• Develops and evaluates pricing and renewal strategies based on experience, demographics, plan design, market conditions, and other risk factors.
• Monitors underwriting workflow, business results, internal controls, and adherence to established policies, procedures, and guidelines.
• Evaluates and provides guidance on underwriting exceptions, balancing risk, competitive considerations, and business objectives.
• Collaborates with Sales, Account Management, Actuarial, Finance, and other matrix partners on pricing, sales, and renewal strategies.
• Serves as a subject matter expert on underwriting methodologies, rating practices, risk assessment, and business processes.
• Manages a portfolio of large and complex clients, providing underwriting analysis, recommendations, and ongoing consultation.
• Participates in cross-functional initiatives and identifies opportunities to improve underwriting processes, controls, tools, and operational effectiveness.
• Provides technical guidance and mentoring to underwriting associates.
• Calculates renewal rates for large complex cases based on thorough analysis of experience, location, demographics, etc.
• Determines and provides guidance to medical underwriters concerning the risk selection of applicants applying for individual health coverage.
• Coordinates with other departments to ensure accuracy and consistency of overall account reporting.
• Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.
• Performs post-sale reviews.
• Prepares or supervises preparation of annual settlements, ERISA reports, rate projections, or benefit change increments and decrements.
• Surveys existing product portfolios by market, monitors sales results, trends and needs, recommends product portfolio changes.
• Assists in establishing rating and administrative procedures.
• Participates in major multi-functional teams as underwriting representative.
• Assists in the technical development of underwriting associates, which may include monitoring reports and workflow to provide recommendations on productivity and efficiency improvements.
• Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.

Skills

CPCU

CLU

LOMA

HIAA

PAHM

Student health population experience

PEO experience

Advanced Excel

Education

BA/BS in related field

Tools

Microsoft Excel

Job description

Elevance Health is seeking a Group Underwriter Consultant Senior to determine acceptability of insurance risks and set appropriate premium rates for large and complex group cases. You will be the most senior underwriting technical expert and mentor associates.

The role requires collaboration with Sales, Actuarial, Finance and other teams to price, renew, and guide risk selection, while managing a portfolio of large clients and ensuring adherence to policies and controls.