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Full-time Underwriter- New Business

at Independence Blue Cross in Pennsylvania


About our Company

Independence Blue Cross is a company in motion, continually refining our processes and products to offer the best value to our more than 3.5 million members. As a pacesetter in our dynamic industry, Independence Blue Cross is not only a leader, but also an experienced innovator growing and expanding into new markets in ways that logically maximize our opportunities and success.

Establishes appropriate premium rates for new and renewing group health insurance or individual medical insurance customers. Analyzes existing and prospective business utilizing established underwriting criteria, policies and rating methodologies in order to establish appropriate funding levels for customers. Completes rating analysis for new groups or new lines of coverage and prices benefit redesigns and alternate financing arrangements for existing accounts. Develops various underwriting analyses/exhibits: premium rates, retention illustrations, cost-plus exhibits, stop-loss pricing, and letters of agreement. Provides rate development and renewal rate development for cases utilizing all rating methodologies. Performs the initial review and completion of answers to Request for Proposals (RFPs) and Request for Information (RFIs). Provides ongoing assistance to Marketing, Customers, Brokers/Consultants and other internal customers with technical rating issues. Ensures internal turnaround requires are maintained. Maintains and updates various tracking databases. May oversee the work of the Associate Underwriter or more junior level Underwriters. Supports department in special projects and tasks as assigned.

REQUIREMENTS:
Bachelors' degree in Business Administration, Mathematics or related field or equivalent work experience required. A minimum of four years of group health underwriting or individual medial underwriting experience required. The ability to work independently and manage multiple priorities under tight timeframes is required. Strong analytical and mathematical skills as well as the ability to recognize research and resolve discrepancies are required. Demonstrated knowledge of the Microsoft office suite of products (Word, Access, and Excel) required. Proven work experience with the underwriting methodologies and rating processes. Must be detailed oriented, skilled in problem solving and knowledgeable of insurance concepts and rating techniques.

Equal Employment Opportunity

Independence Blue Cross is an Equal Opportunity Employer (EOE). Qualified applicants are considered for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, disability, or veteran status.

Agency Disclaimer

All resumes submitted directly to an Independence Blue Cross Family of Companies employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of the Independence Blue Cross Family of Companies . Please note that no fee will be paid in the event the candidate is hired by the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process.

How to apply: DO NOT use the Apply Online button. Please copy and paste the following link into your browser address bar:
http://independencebluecross.contacthr.com/20452112


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Published on Jul 12, 2011
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