Group Underwriter Sr.

1 week ago


Orange, California, United States Elevance Health Full time

Job Summary

The Group Underwriter Sr. is responsible for determining the acceptability of insurance risks and setting appropriate premium rates for large, complex renewal and prospect employer groups in accordance with Corporate Underwriting Guidelines and Authority Limits.

Key Responsibilities

  • Calculates renewal rates for complex group cases based on thorough analysis of the group's experience, industry, location, size, and demographic nature.
  • Coordinates with other departments to ensure the accuracy and consistency of account reporting.
  • Proposes rates and terms for group prospects, utilizing a combination of other carrier experience, demographic data, and manual rates.
  • Prepares or supervises the preparation of annual settlements, ERISA reports, rate projections, or benefit change increments or decrement.
  • Communicates with sales, administration, and claims to assess the rating and administrative impact or benefit and plan changes.

Requirements

  • Requires a BA/BS in a related field; Minimum 4 years of related experience; or any combination of education and experience, which would provide an equivalent background.
  • Proficiency in Microsoft Excel and Word is preferred.
  • SalesForce experience is preferred.

Compensation and Benefits

The salary range for this position is $86,688 - $130,032. Elevance Health offers a comprehensive benefits package, incentive and recognition programs, equity stock purchase, and 401(k) contribution, among other benefits.

Work Environment

Elevance Health operates in a Hybrid Workforce Strategy. Associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.

Equal Employment Opportunity

Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status, or any other status or condition protected by applicable federal, state, or local laws.



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