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Associate Group Underwriter Voluntary Benefits

Associate Group Underwriter Voluntary Benefits

CompanyVoya Financial
LocationHartford, CT, USA, Phoenix, AZ, USA, Minneapolis, MN, USA, Atlanta, GA, USA
Salary$48180 – $80320
TypeFull-Time
DegreesBachelor’s
Experience LevelJunior, Mid Level

Requirements

  • High School Diploma or GED
  • 2-4 years Stop Loss group underwriting experience
  • Strong problem-solving and analytical skills
  • PC skills including word processing and spreadsheet applications
  • Excellent written and oral communication skills

Responsibilities

  • 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.

Preferred Qualifications

  • Bachelor’s degree preferred.