Senior Underwriter

ECLARO; Minneapolis (MN); On-site; USD 57,000 - 81,000; Full time

Benefits offered by this job

401k Retirement Savings Plan

Commuter Check Pretax

Medical, Dental & Vision Insurance

Job summary

ECLARO is seeking a Senior Underwriter in Minneapolis, MN to evaluate risk for group insurance products and approve cases up to 3,000 lives. You will analyze client financials, industry characteristics, and claim history to determine benefits and rates.

Responsibilities include coordinating underwriting activities on proposals, renewals, and amendments, and communicating decisions to/division, while contributing to overall profitability of the unit.

Qualifications

• 2-4 years underwriting experience.
• Strong problem-solving and analytical skills.
• Excellent written and oral communication skills.
• Proficient PC skills with MS Word and Excel.

Responsibilities

• Approve cases up to 3,000 lives.
• Evaluate risk for group insurance products.
• Analyze client data to determine benefits and rates.
• Coordinate underwriting activities on proposals, renewals, and amendments.
• Contribute to division profitability through profitability analysis.

Skills

Underwriting experience

Analytical skills

Communication skills

PC skills (Word/Excel)

Tools

Microsoft Word

Microsoft Excel

Job description

Job Number: 26-01431 - Find your next opportunity in the Financial Services Industry. ECLARO is looking for a Senior Underwriter for our client in Minneapolis, MN. ECLARO’s client provides retirement savings, health & investment management and insurance services.

Responsibilities

• Has authority to approve cases up to 3,000 lives.


• Evaluate risk for 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.


• Explain and defend underwriting courses of action.


• Document and communicate decisions to necessary areas in the division.


• Review 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.


• Other duties as assigned.

Skills

• 2-4 years underwriting experience.


• Strong problem-solving and analytical skills.


• PC skills including word processing and spreadsheet applications.


• Excellent written and oral communication skills.

Pay Rate: $50 / Hour

Benefits

• 401k Retirement Savings Plan administered by Merrill Lynch


• Commuter Check Pretax Commuter Benefits


• Eligibility to purchase Medical, Dental & Vision Insurance through ECLARO

Equal Opportunity Employer: ECLARO values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status, in compliance with all applicable laws.