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Large Group Underwriter
at Blue Shield of California in California
Helping make high-quality health care for Californians easy, accessible and affordable is a great calling. Knowing that your company has contributed over $125 million back into California communities and will continue to do so is flat out uplifting. Join the hardest working, not-for-profit health plan in California and be part of the solution.
Large Group Underwriters directly contribute to the company achieving its financial and strategic goals for employer accounts with 51 or more members. As the financial professionals who identify, evaluate and price risk, LG underwriters are responsible for balancing increased revenue, operating income and membership goals while protecting the company's bottom line from loss.
Responsibilities:
-Collects, reviews and analyzes customer specific information including financial condition, employee demographics, carrier history and previous claim experience to determine risk, potential benefit features and premium rates for fully insured groups requiring minimal customization.
-Underwrites new and renewal business by calculating monetary risk along with amendments to existing contracts.
-Assists as necessary in the negotiation of benefit plan designs and financial assumptions with sales teams on new and renewed business.
-Updates underwriting databases as appropriate.
-Reviews and approves all sales requests within company established standards and policy guidelines.
-Reviews and interprets ad hoc reports as requested and produces ongoing reports.
- May assist the sales team in implementing new and existing contracts by reviewing final enrollment numbers.
-Provides underwriting knowledge sharing and education to peers and/or members of the sales team.
Education/Requirements:
-A BA/BS in a related field such as finance, mathematics or accounting and/or equivalent combination of education and experience.
-Working knowledge of underwriting principles and procedures.
-Demonstrated math/statistical, analytical and problem solving skills.
-Demonstrated verbal and communication skills including group presentation ability.
-Excellent knowledge of personal computer and related software applications including advanced features of Excel and/or other financial analysis modeling software.
-Requires an attention to detail and accuracy and understanding of the company's revenue, operating income and membership goals.
-Ability to solve complex problems with sometimes ambiguous information.
-Good time management and customer service skills.
Minimum Experience Level:
2 - 4 yrs with BA or 1 - 2 yrs with MBA.
Blue Shield of California is an Equal Opportunity Employer.
How to apply: DO NOT use the Apply Online button. Please copy and paste the following link into your browser address bar: http://blueshieldca.contacthr.com/20350828
Large Group Underwriters directly contribute to the company achieving its financial and strategic goals for employer accounts with 51 or more members. As the financial professionals who identify, evaluate and price risk, LG underwriters are responsible for balancing increased revenue, operating income and membership goals while protecting the company's bottom line from loss.
Responsibilities:
-Collects, reviews and analyzes customer specific information including financial condition, employee demographics, carrier history and previous claim experience to determine risk, potential benefit features and premium rates for fully insured groups requiring minimal customization.
-Underwrites new and renewal business by calculating monetary risk along with amendments to existing contracts.
-Assists as necessary in the negotiation of benefit plan designs and financial assumptions with sales teams on new and renewed business.
-Updates underwriting databases as appropriate.
-Reviews and approves all sales requests within company established standards and policy guidelines.
-Reviews and interprets ad hoc reports as requested and produces ongoing reports.
- May assist the sales team in implementing new and existing contracts by reviewing final enrollment numbers.
-Provides underwriting knowledge sharing and education to peers and/or members of the sales team.
Education/Requirements:
-A BA/BS in a related field such as finance, mathematics or accounting and/or equivalent combination of education and experience.
-Working knowledge of underwriting principles and procedures.
-Demonstrated math/statistical, analytical and problem solving skills.
-Demonstrated verbal and communication skills including group presentation ability.
-Excellent knowledge of personal computer and related software applications including advanced features of Excel and/or other financial analysis modeling software.
-Requires an attention to detail and accuracy and understanding of the company's revenue, operating income and membership goals.
-Ability to solve complex problems with sometimes ambiguous information.
-Good time management and customer service skills.
Minimum Experience Level:
2 - 4 yrs with BA or 1 - 2 yrs with MBA.
Blue Shield of California is an Equal Opportunity Employer.
How to apply: DO NOT use the Apply Online button. Please copy and paste the following link into your browser address bar: http://blueshieldca.contacthr.com/20350828
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Published on Jul 02, 2011
Viewed: 270 times
Viewed: 270 times
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