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Senior Analyst – Underwriter

Senior Analyst – Underwriter

CompanyCVS Health
LocationChicago, IL, USA, Ambler, PA, USA, Hartford, CT, USA
Salary$46988 – $112200
TypeFull-Time
Degrees
Experience LevelSenior

Requirements

  • 2+ years of Underwriting experience
  • Working knowledge of execution and delivery (planning, delivering, and supporting) skills
  • Working knowledge of business intelligence
  • Working knowledge of problem solving and decision making skills

Responsibilities

  • Prepares and delivers moderately complex new business quotes, existing business renewals and/or conversion
  • Independently reviews work for accuracy and recommends pricing and/or accounting alternatives based on financial analysis, underwriting principals, and business strategy
  • Anticipates questions and formulate responses
  • Utilizes advanced functionality of underwriting tools, systems, and reference materials to produce accurate quotes, renewals and/or accountings
  • Applies underwriting guidelines and grants underwriting exceptions/financial variances for their assigned cases within the authority limit for the position
  • Independently assists sales personnel in explaining rate/fee, accounting balance development and communicating underwriting policy
  • May present information to employers, brokers and consultants
  • Produces timely and accurate customer specific documents, deliverables and accounting related information
  • Ensures the pricing supports the quote/renewal strategy
  • Assists department with projects or workgroups. Identifies and supports process improvement through automation or process change
  • Conducts audits on fees and claim wires to ensure all receivables are accurate and accounted for
  • Tracks and approves customer allowances goals using compliance guidelines
  • Assists less experienced underwriters in development of technical skills or specific subject matter

Preferred Qualifications

  • Strong written and verbal communication skills
  • Adept at collaboration and teamwork
  • Adept at growth mindset (agility and developing yourself and others) skills