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GROUP UNDERWRITING CONSULTANDirect Staffing Inc • Milwaukee, WI, United States
GROUP UNDERWRITING CONSULTAN

GROUP UNDERWRITING CONSULTAN

Direct Staffing Inc • Milwaukee, WI, United States
2 days ago
Job type
  • Full-time
Job description

Group Underwriting Consultant

Finance / Accounting - Policy Underwriting

Milwaukee, WI

Finance / Accounting - Policy Underwriting

Exp 5-7 yrs

Deg Bach

Relo

Bonus

Travel

Job Description

Responsible for determining acceptability of insurance risks and appropriate premium rates for large and complex group cases. Position is a technical underwriting expert.

Primary duties may include, but are not limited to:

  • Calculates renewal rates for large complex cases based on thorough analysis of experience, location, demographics, etc.
  • Determines and provides guidance to medical underwriters concerning the risk selection of applicants applying for individual health coverage.
  • Coordinates with other departments to ensure accuracy and consistency of overall account reporting.
  • Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.
  • 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, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements.
  • Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.

Qualifications

Requires a BA/BS in a related field; 5 years of related experience; or any combination of education and experience, which would provide an equivalent background. CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred

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GROUP UNDERWRITING CONSULTAN • Milwaukee, WI, United States

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