Underwriting Consultant

SUMMARY 

Responsible for execution of all advanced pricing and analysis requests.  Leads in the development and management of assigned underwriting and analyst teams.

ESSENTIAL DUTIES AND RESPONSIBILITIES  

•    Expert in all major areas of underwriting, including special pricing and marketing projects;

•    Meets with Producers, clients, Underwriters, Account Executives and Benefits Analysts as needed to define and accomplish projects;

•    Manages team of Underwriters and Analysts to determine workload distribution of department;

•    Assists in determining strategic goals of team(s), including but not limited to resource planning, education/training needs, policy development and business growth;

•    Identifies, coordinates and manages all relevant external business partner relationships, including but not limited to insurance carriers, external consultants and third party administrators and vendors;

•    Expert in understanding actuarial plan values and how they are used in various pricing and analysis projects.  This includes ability to competently use software available for such types of plan analysis and pricing;

•    Full understanding of underwriting models and reporting templates, with ability to fully modify and customize to meet customer needs;

•    Leads and manages all assigned client underwriting projects, including the ability to present analysis to clients directly in a confident and easy-to-understand manner;

•    Assists Producers in prospecting activities as needed, including but not limited to written RFP responses, finalist presentations and related follow-up activities;

•    Maintains data tracking and reporting for financial management, underwriting models, client reports and other analytical reporting deliverables;

•    Competent in multiple carrier data and reporting systems as needed to obtain claim data for reporting and analysis purposes;

•    Confidently analyzes and challenges insurance company renewal calculations for fully-insured contracts (Health, Dental and Vision);

•    Actively engages in educational opportunities to further underwriting knowledge, market trends and regulatory environment;

•    Responsible for accuracy and timeliness of all work performed, including proper management of timelines and meeting deadlines as established;

•    Addresses incoming correspondence and responds as required in a timely manner;

•    Leads in training development and execution on all underwriting and analysis related topics;

•    Serves as mentor to Underwriter I, II and III;

•    Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);

•    Other duties as assigned.

QUALIFICATIONS 

EDUCATION / EXPERIENCE 

Bachelor's Degree equivalent combination of education and experience

Five (5) or more years related work experience

One (1) or more years of management experience in leading a team of at least 3 individuals

Valid Insurance License

Must continue to meet Continuing Education requirements for license renewal

SKILLS

Excellent verbal and written communication skills

Excellent problem solving and time management skills

Good customer service skills, including telephone and listening skills

Excellent planning, organizational and prioritization skills

Ability to work within a team and to foster teamwork

Ability to completely manage mid-level and large projects as well as effectively manage and lead assigned teams to complete goals

Ability to work productively as an individual to accomplish assigned projects

Ability to prioritize work for multiple projects and deadlines

Proficient in Microsoft Office Suite, advanced MS Excel skills required

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