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Associate Underwriter (Remote) - Healthcare

Remote: 
Full Remote
Contract: 
Salary: 
45 - 77K yearly
Experience: 
Entry-level / graduate
Work from: 
New York (USA), United States

Offer summary

Qualifications:

Bachelor’s degree in Mathematics, Statistics, Finance, or Business Administration, 2-3+ years of relevant professional experience in Group Health Insurance Underwriting.

Key responsabilities:

  • Underwrite new and existing large groups within published time frames
  • Evaluate risk using various criteria and pricing models
  • Review RFPs, rate quotes, collect data and produce reports
  • Communicate underwriting recommendations to Sales Account Executives, prepare summaries for renewals
  • Maintain logs, complete reports and update tracking tools
EmblemHealth logo
EmblemHealth Insurance Large https://www.emblemhealth.com/
1001 - 5000 Employees
See more EmblemHealth offers

Job description

Summary

  • Underwrite EmblemHealth’s existing and new business accounts, including Broker Accounts within published time frames.
  • Process sold new business groups.
  • Maintain logs and complete various reports as needed.

Responsibilities

  • Underwrite new and existing large groups, within the published departmental time frames, and using the departmental and corporate guidelines, strategies and goals.
  • Evaluate risk using demographics, claims experience, predictive modeling, high-cost claimant review, and other criteria.
  • Utilize various pricing models to develop both manual and experience rates.
  • Provide clear documentation and recommendations to management.
  • Update tracking tools. Evaluate pricing impact of alternative plan designs.
  • Review and analyze Request for Proposals (RFPs) and prospective and renewal rate quotes from Brokers, Consultants, and Marketing Representatives.
  • Collect data and produce enrollment, claims, utilization reports from COGNOS, Tableau, Facets and other databases/reporting tools.
  • Communicate and explain Underwriting recommendations/decisions to the Sales Account Executives.
  • Prepare summaries for Account Executives for renewals, based on financial history of the groups, demographics and projections moving forward.
  • Provide support explaining analysis to brokers and/or customers as needed.
  • Perform other duties as assigned or required.

Requirements

  • Bachelor’s degree in Mathematics, Economics, Statistics, Finance or Business Administration required
  • 2 – 3+ years of relevant, professional work experience required
  • 2 – 3+ years of Group Health Insurance Underwriting experience required
  • Knowledge of underwriting methodologies including Experience Rating Methodology required
  • Strong communications skills (verbal, written, presentation, interpersonal) with all types/levels of audience required
  • Proficiency with MS Office (Word, Excel, PowerPoint, Outlook, Teams) required

Additional Information

  • Requisition ID: 2401U
  • Hiring Range: $45,000-$77,000

Required profile

Experience

Level of experience: Entry-level / graduate
Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Verbal Communication Skills
  • Microsoft Office
  • Social Skills

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