Senior Group Underwriter - Minnetonka, MN

Date Posted: 05/18/2020

Senior Group Underwriter - Minnetonka, MN

Our client is seeking a part-time Senior Group Underwriter contractor to start as soon as possible. This is a 6 month contract position. The ideal candidate has 5+ years' experience in Large Group Health Insurance Underwriting. Our preference would be local candidates as it is desired to have this resource come onsite if needed; however, at the present time this individual would be working remotely.

HOURS:
20 hours/week - flexible schedule
POSITION OVERVIEW:
Primary Purpose/Role - Responsible for managing financial analysis and new business and renewal underwriting (risk assessment and pricing) for middle market and key account groups. Devises and negotiates sales and financial strategy with sales staff large groups will range from 50 to 1,000 employees. Assigned cases will primarily include fully insured large group new and renewal business along with Association Health Plan policies. Self Insured underwriting experience is a plus.

Will be part of a team of approximately 7 - 8 other Underwriters who share in this responsibility at varying levels. Will work directly with sales and account management staff to communicate pricing justification as well as subsequent negotiations. Will also work closely with the medical underwriting department on large claim reviews.

KEY ACCOUNTABILITIES:

Appropriately apply underwriting risk and pricing guidelines to project future costs and develop pricing decisions for existing accounts & new business prospects.
Communicate and explain rationale of pricing decision to our client's Sales organization; work with them to develop renewal strategies for clients that meet customer objectives and client's financial and group retention goals.
Demonstrate sound business judgment.
Document actions in underwriting files and meet department service turnaround objectives.
Adhere to positions Pricing Authority guidelines.
Qualifications:

5+ years' experience in Large Group Health Insurance Underwriting
Self-Funded experience preferred
Bachelor’s degree or equivalent combination of education and experience
Major: Finance or Math
Skills & Abilities:

Excellent communication, persuasion, and negotiation skills
Proficient with Microsoft Excel and Outlook
Confident in decision making
Effective ability to multi-task
Excellent documentation and organizational skills
Detail oriented
Equity Staffing Group is one of the fastest growing Native American owned staffing companies in the United States. We are a certified Minority Business Enterprise (MBE) by the National Minority Supplier Development Council (NMSDC) and the Rocky Mountain Minority Supplier Development Council (RMMSDC).

Equity Staffing Group is an Equal Employment Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law. Equity Staffing Group will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law.

We welcome you to learn more about our company by visiting www.equitystaffing.com.


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Minneapolis, MN

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Atlanta, GA

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