Associate Group Underwriter Voluntary Benefits
Company | Voya Financial |
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Location | Hartford, CT, USA, Phoenix, AZ, USA, Minneapolis, MN, USA, Atlanta, GA, USA |
Salary | $48180 – $80320 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Junior, 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.