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Group Underwriter Consultant Sr.
2 months ago
**Location:** Elevance Health supports a hybrid workplace model (virtual and in-office) with PulsePoint sites used for collaboration, community, and connection. This includes remote work and 1-2 days in office per week. Candidates must reside within a 50-mile or 1-hour commute each way of a relevant Elevance Health location.
The **Group Underwriter Consultant Sr.** is responsible for determining acceptability of insurance risks and appropriate premium rates for large and complex group cases. Position is the most senior technical underwriting expert.
**How You Will Make an Impact**
Primary duties may include, but are not limited to:
+ Calculates renewal rates for large complex cases based on thorough analysis of experience, location, demographics, etc.
+ Determines and provides guidance to medical underwriters concerning the risk selection of applicants applying for individual health coverage.
+ Coordinates with other departments to ensure accuracy and consistency of overall account reporting.
+ Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.
+ Performs post-sale reviews.
+ Prepares or supervises preparation of annual settlements, ERISA reports, rate projections, or benefit change increments and decrements.
+ Surveys existing product portfolios by market, monitors sales results, trends and needs, recommends product portfolio changes.
+ Assists in establishing rating and administrative procedures.
+ Participates in major multi-functional teams as underwriting representative.
+ Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements.
+ Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.
**Minimum Requirements:**
Requires a BA/BS in a related field; Minimum 7 years of related experience; or any combination of education and experience, which would provide an equivalent background.
**Preferred Skills, Capabilities and Experiences:**
+ CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred.
+ Proficiency in Microsoft Excel and PowerPoint is strongly preferred.
+ Strong communication and presentation skills.
