Senior Analyst – Underwriter
Company | CVS Health |
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Location | Chicago, IL, USA, Ambler, PA, USA, Hartford, CT, USA |
Salary | $46988 – $112200 |
Type | Full-Time |
Degrees | |
Experience Level | Senior |
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