Anticipated End Date:2026-06-08
Position Title:Group Underwriter Consultant
Job Description:Group Underwriter ConsultantLocation: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.
Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.
The
Group Underwriter Consultant is a technical underwriting expert responsible for determining the acceptability of insurance risks and appropriate premium rates for large and complex group cases.
How you will make an impact:- 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 5 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.
- 8-10 years of related experience strongly preferred.
- Intermediate Microsoft Excel experience to include advanced proficiency in formulas, PivotTables, VLOOKUPs, and macros is strongly preferred.
- Prior experience with rating tools and reporting tools (i.e. BusinessObjects or similar) preferred.
- Large group underwriting experience preferred.
Job Level:Non-Management Exempt
Workshift:1st Shift (United States of America)
Job Family:UND > Group Underwriting
Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
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