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Senior Group U/W Consultant
Elevance HealthSenior Group Underwriter Consultant responsible for determining acceptability of insurance risks at Elevance Health. Calculating renewal rates and coordinating with actuarial team for large group cases.
About the role
Key responsibilities & impact- Calculates renewal rates for large complex cases based on thorough analysis of experience data, location, demographics, etc.
- Provides guidance to the actuarial team for administrative service costs associated with risk opportunities.
- Coordinates with other departments to ensure accuracy on resource allocation and consistency of overall account reporting.
- Proposes various rate structures for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.
- Facilitates and documents deal approval process
- 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.
- Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.
Requirements
What you’ll need- Requires a BA/BS in a related field
- Minimum 7 years of related experience
- Strong written and verbal communication skills
- Experience with Healthcare or Behavioral Health Underwriting preferred
- Practical experience in corporate transfer pricing preferred
- Working experience with Salesforce preferred
- CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred
Benefits
Comp & perks- merit increases
- paid holidays
- Paid Time Off
- incentive bonus programs
- medical
- dental
- vision
- short and long term disability benefits
- 401(k) +match
- stock purchase plan
- life insurance
- wellness programs
- financial education resources
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
renewal rate calculationdata analysisrate structure proposalpost-sale reviewannual settlements preparationERISA reportingrate projectionsbenefit change managementproduct portfolio analysisunderwriting procedures
Soft Skills
guidancecoordinationcommunicationteam participationtechnical developmentprocess monitoringadministrative support
Certifications
CPCUCLULOMAHIAAPAHM