Underwriter Associate

Arkansas Blue Cross and Blue Shield; Arkansas; Remote; USD 50,000 - 70,000; Full time

Job summary

A regional health insurance provider is seeking a Remote Underwriter Associate based in Arkansas. This role involves evaluating health risks, maintaining compliance with regulations, and preparing rates. Applicants should have a high school diploma or equivalent, with a bachelor's degree preferred or relevant industry experience. Strong analytical skills and effective communication are essential. An Arkansas Health/Life insurance license must be obtained within six months of hire.

Qualifications

• In lieu of degree, five (5) years of non-clerical healthcare industry experience is considered.
• Arkansas state Health/Life insurance license required within 6 months of hire.
• Knowledge of medical risks, conditions, treatments, and medical terminology preferred.

Responsibilities

• Evaluate health risk and establish profitable rating levels.
• Field inquiries about new and renewal business.
• Maintain records for auditing by regulatory authorities.
• Ensure compliance with Federal and State regulations.
• Prepare rates using actuarial systems.

Skills

Mathematical

Analytical

Detail-Oriented

Excellent communication

Proficient in Microsoft Excel

Project management

Research skills

Education

High School Diploma or equivalent

Bachelor's degree in relevant fields

Tools

Microsoft Office

Job description

Overview

Job title: Underwriter Associate
Company: Arkansas Blue Cross and Blue Shield
Location: Remote in Arkansas, United States
Education: Bachelor Degree preferred; High School Diploma or equivalent required (in lieu of degree, five years of non-clerical healthcare industry experience considered). This position is remote and limited to applicants in the following states: Arkansas, Florida, Georgia, Illinois, Kansas, Louisiana, Minnesota, Mississippi, Oklahoma, South Carolina, Tennessee, Texas, Virginia and Wisconsin.

Responsibilities

• Evaluates health risk and establishes profitable and competitive rating levels to ensure acquisition and retention of business while mitigating risk.
• Fields inquiries from sales staff, agents, and brokers for new and renewal business and other related issues.
• Maintains appropriate records for monitoring the effectiveness of underwriting practices and procedures for review and audit by regulatory authorities.
• Maintains strict compliance with Federal and State regulations for group insurance with respect to rating, risk assessment, medical underwriting and portability.
• Performs other duties as assigned.
• Prepares rates using the rating and actuarial systems for new business and renewal activity and consistently applies all underwriting guidelines, practices and procedures.

Qualifications

• Education: High School Diploma or equivalent; Bachelor's degree in Business, Math, Finance, Accounting, Statistics, Economics, Health Administration, Informatics, Health Information or related field. In lieu of degree, five (5) years of non-clerical healthcare industry experience will be considered.
• Licensing/Certification: Arkansas state Health/Life insurance license required within 6 months of date of hire. Training through industry courses and seminars (e.g., HIAA, FLMI, CHC, CEBS) preferred. Knowledge of medical risks, conditions, treatments, pharmacology, and medical terminology preferred.
• Essential Skills & Abilities: Mathematical, Analytical, Problem/Situation Analysis, Decision-Making, Detail-Oriented, Excellent communication & interpersonal skills, Excellent computer skills. Proficient in Microsoft Excel and Microsoft Office; strong written and verbal communication; project management and research skills.

Licensing & Certifications

• Arkansas Insurance License Life & Health – Arkansas Insurance Department
• Certified Employee Benefits Specialist (CEBS) – Wharton School of the University of Pennsylvania
• Certified Health Consultant (CHC) – American Health Insurance Plans (AHIP)
• Fellow, Life Management Institute (FLMI) – LO MA
• Health Insurance Associate (HIA) – AHIP

Additional Information

Security requirements: Position identified as level three (3); ensure the security and confidentiality of records and information. Segregation of duties guidelines apply. Employment type: Regular. ADA requirements apply. Travel: minimal; duties may be performed remotely.