USAble Life

Group Underwriter IV - Remote

USAble Life$79K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in related field or equivalent work experience
  • 5 years of underwriting experience
  • Advanced knowledge of group insurance and worksite products
  • Demonstrated capability to apply experience rating formulas
  • Strong math and analytical skills
  • Excellent written and verbal communication skills
  • Ability to manage multiple projects simultaneously

Responsibilities

  • Conduct risk assessments for various market sizes on Life & Disability products
  • Produce competitive rates for new groups using company systems
  • Prepare formal proposals and financial exhibits
  • Assist in RFP response preparation
  • Verify rates and data accuracy on sold cases
  • Service current group clients with inquiries and benefit changes
  • Provide training and mentoring to junior underwriters

Benefits

  • Culture that values diversity and inclusion
  • Outstanding benefits package
  • 3.5 weeks PTO and 11 paid holidays
  • 401(k) with up to 6% match and immediate vesting
  • Remote opportunities with provided equipment
  • Career advancement opportunities and tuition reimbursement
  • Employee Assistance Program and Resource Groups
  • Recharge Days and Volunteer Time Off
Full Job Description
What We Offer You:
  • A culture that values employees and celebrates, empowers, and inspires a diverse workforce
  • Outstanding and affordable benefits package
  • 3.5 weeks of PTO and 11 paid holidays
  • 401(k) with up to 6% match; fully vested from day 1
  • Remote opportunities with company-provided equipment
  • Team-oriented, collaborative group of peers
  • Career advancement opportunities
  • Tuition Reimbursement
  • Employee Assistance Program
  • Inclusion Council and Employee Resource Groups
  • Recharge Days and Volunteer Time Off
  • This is a remote position.

Life Takes You Places! Are you ready to join us?

Pay Transparency: Our salary ranges are structured to provide opportunities for growth and advancement within a role. As a result, most new hires are placed between the minimum and midpoint of the range based on qualifications and experience, while the top of the range is generally reserved for employees who have demonstrated sustained expertise and performance in the position. The starting base salary range for the Group Underwriter IV is $79,200 to $95,500. The full salary range is $79,200 to $110,900, Actual salaries will vary by geographic location and are based on factors such as candidate's qualifications, experience, skills, competencies, and company tenure & equity. In addition to base compensation, this role is eligible for an annual incentive plan based on company performance and individual performance.

Group Underwriter IV Overview
  • Conducts risk assessment and selection for small, mid and large case market on Life & Disability, and Worksite products.
  • Produces rates for new groups using company proposal system.
  • Prepares formal proposals and renewals using word processing, spreadsheet tools and software as applicable.
  • Completes financial exhibits using established guidelines.
  • Assists in the preparation of RFP response.
  • Verifies rates on sold cases.
  • Assist in training lower level underwriters and sales staff.
  • Works on special product or rating projects as required.
  • Uses knowledge of formulas to determine when deviation is necessary and recommendations alternatives.

Essential Duties
  • Assesses risk and produces rates for new groups with advanced levels of autonomy.
  • Completes annual renewals for all products and performs related maintenance tasks.
  • Services current group clients including benefit changes, reporting, and response to telephone and email inquiries.
  • Verifies sold case data including final rating.
  • Provides training and mentoring to underwriting and sales staff.
  • Performs projects and/or SME assignments

Required Knowledge, Skills, and Abilities
  • Advanced knowledge of group insurance and worksite products
  • Advanced knowledge of Life and Disability underwriting
  • Advanced understanding of underwriting principles and rating methodology.
  • Demonstrated capability to apply experience rating formulas for all products.
  • Advanced MS Office skills.
  • Strong math and analytical skills.
  • Excellent written and verbal communication skills.
  • Ability to establish priorities and manage multiple projects simultaneously.

Required Education and Experience
  • Bachelor's degree in a related field or equivalent work experience
  • 5 years of underwriting experience
  • Life, Disability, and/or Supplemental product industry experience
  • Or equivalent military experience.

Preferred Education and Experience
  • LOMA Certification
  • HIAA

#USA1

About USAble Life

USAble Life is a life and health insurance company that provides a range of insurance products and services to individuals and businesses. The company offers group and individual life, disability, and accident insurance, as well as dental and vision coverage. USAble Life also provides employee benefits administration services, including enrollment, billing, and claims processing. The company was founded in 1980 and is headquartered in Little Rock, Arkansas.
Learn more about USAble Life
Size
1,000 employees
Industry
Founded
1980

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