Underwriter II

Trustmark Services Company; Lake Forest (IL); On-site; USD 63,000 - 91,000; Full time

Benefits offered by this job

Health/dental/vision insurance

401(k) plan

Employee Assistant Program

Wellness program

Job summary

Trustmark Services Company seeks an underwriting analyst to review medical applications, claims experience, and data to determine appropriate premium rates for new business and renewals.

You will apply underwriting guidelines, collaborate with sales and operations, and produce well-documented decisions. Strong analytics, Excel proficiency, and clear communication are essential in a fast-paced environment in Lake Forest, IL.

Qualifications

• Minimum 2–4 years of related experience with a bachelor’s degree, or 4–6 years with a high school/GED.
• Knowledge of medical underwriting principles or ability to develop proficiency through training.
• Ability to apply underwriting guidelines to make sound, consistent decisions.
• Strong analytical and problem-solving skills with attention to detail.
• Excellent written and verbal communication to explain decisions.

Responsibilities

• Review applications, claims experience, and data to evaluate risk and determine premium rates for new business and renewals.
• Apply established underwriting guidelines and pricing methodologies.
• Collaborate with underwriting, sales, and operations to align case strategy and data quality.
• Prepare complete, accurate documentation of analysis and decisions.
• Maintain familiarity with underwriting tools and cost/drivers to support pricing.

Skills

Analytical thinking

Detail-oriented

Time management

Communication skills

Education

Bachelor’s Degree

High School Diploma or GED with 4-6 years experience

Tools

Excel

Underwriting systems/tools

Job description

Trustmark’s mission is to improve wellbeing – for everyone. It is a mission grounded in a belief in equality and born from our caring culture. It is a culture we can only realize by building trust. Trust established by ensuring associates feel respected, valued and heard. At Trustmark, you’ll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture of diversity and inclusion where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. At Trustmark, we have a commitment to welcoming people, no matter their background, identity or experience, to a workplace where they feel safe being their whole, authentic selves. A workplace made up of diverse, empowered individuals that allows ideas to thrive and enables us to bring the best to our colleagues, clients and communities.About the roleResponsible for supporting the underwriting of level funded medical products by reviewing medical applications and questionnaires, claims experience, and related data to evaluate risk and determine appropriate premium rates for new and existing clients. Applies established risk criteria and underwriting guidelines to produce sound, well-documented underwriting decisions. Collaborates closely with underwriting, sales, and operations partners to ensure alignment on case strategy, data quality, and process execution. Communicates and defends underwriting decisions and risk assessments with the sales field, providing clear rationale and supporting analysis to facilitate understanding and client discussions.Key AccountabilitiesUnderwriting Analysis & Pricing Execution - Review applications, claims experience, and supporting data to evaluate risk and determine appropriate premium rates for new business and renewals. Apply established underwriting guidelines and pricing methodologies to produce sound, consistent, and profitable decisions.Case Collaboration & Decision Support - Partner with underwriting, sales, and operations teams to ensure accurate data, alignment on case strategy, and timely execution. Communicate and support underwriting decisions with clear rationale to facilitate internal alignment and effective field engagement.Documentation & File Quality - Prepare and maintain complete, accurate documentation of underwriting analysis, assumptions, and decisions. Ensure files meet quality, audit, and compliance standardsTools, Data & Market Awareness - Maintain familiarity with underwriting tools, medical cost drivers, and internal resources to support accurate risk assessment and pricing.Development & Continuous Improvement - Build underwriting proficiency through ongoing learning, feedback, and application of best practices. Seek opportunities to improve understanding of products, processes, and risk evaluation.Minimum RequirementsBachelor’s Degree and/or 2 – 4 years of related experience OR High School Diploma or GED with 4-6 years of related experience.Working knowledge of medical underwriting principles, or the ability to quickly develop proficiency through training and practical applicationAbility to apply established guidelines to make sound, consistent underwriting decisionsStrong analytical and problem-solving skills with attention to detailEffective time management and organizational skills, with the ability to manage multiple priorities in a fast-paced environmentClear written and verbal communication skills, including the ability to explain underwriting decisions and rationaleProficiency in Microsoft Excel and other underwriting systems/toolsThe compensation range for this role is (based on the corporate location in Lake Forest, Illinois):$62,947.30 - $90,923.65 per yearThe final salary offer will be determined based on factors such as location, qualifications, experience, skill set, and other relevant factors. This position may also be eligible for bonus. We understand that compensation is an important factor when considering a new opportunity, and we strive to provide a competitive salary within the market.Brand: TrustmarkIn addition to compensation, we offer a comprehensive benefits package that includes: Health/dental/vision, life insurance, FSA and HSA, 401(k) plan, Employee Assistant Program, Back-up Care for Children, Adults and Elders and many health and wellness initiatives. We also offer a Wellness program that enables employees to participate in health initiatives to reduce their insurance premiums. For questions about compensation and benefits, please speak to the Recruiter if you decide to apply and are selected for an interview.Trustmark is committed to leveraging the talent of a diverse workforce to create great opportunities for our people and our business. We are an equal opportunity employer, including disability and protected veteran status.