Skills & Competencies for Health Underwriter, Sr.

Health Underwriter, Sr. job profile

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JOB SUMMARY for Health Underwriter, Sr.

Reviews applications for coverage, gathers data and assesses risk related to qualifying a candidate for health insurance.

JOB RESPONSIBILITIES for Health Underwriter, Sr.

Calculates and recommends pricing. Performs group and/or individual underwriting.

Health Underwriter, Sr. SALARY RANGE

BASE 50%
$89,469
TOTAL 50%
$97,105
Job Level
P03
Job Code
HC07000613
Education/Degree
Bachelor's Degree
Reports To
Supervisor or Manager

Health Underwriter, Sr. Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Health Underwriter, Sr. skill and competencie below to view definitions.
INDUSTRY COMPETENCIES CORE COMPETENCIES
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9 hard skills or competencies (industry competencies) for Health Underwriter, Sr.

1 Industry Competency – Insurance Industry
Proficiency Level -2
Skill definition-Applying knowledge of the insurance industry to provide risk management services and protection to various individuals from financial loss.
Level 1 Behaviors
(General Familiarity)
Explains the policy conditions of various insurance contracts and products.
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Level 2 Behaviors
(Light Experience)
Provides prompt responses to clients’ insurance-related questions and concerns.
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Level 3 Behaviors
(Moderate Experience)
Reviews and analyzes claim applications to determine coverage eligibility and rates.
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Level 4 Behaviors
(Extensive Experience)
Monitors market trends in insurance services to deliver improved business impacts.
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Level 5 Behaviors
(Mastery)
Establishes and enforces standards for handling claims to maximize insurance workflow efficiency.
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2 Industry Competency – Insurance Legal and Regulatory Environment
Proficiency Level -2
Skill definition-Creating, executing, and adhering to state and federal laws governing insurance operations to ensure financial security and consumer protection.
Level 1 Behaviors
(General Familiarity)
Discusses the importance of insurance regulations in protecting clients' financial security and assets.
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Level 2 Behaviors
(Light Experience)
Gathers and interprets policy contracts to understand insurance legal and regulatory standards.
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Level 3 Behaviors
(Moderate Experience)
Maintains financial and market regulation to validate insurance's accounting methods and procedures.
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Level 4 Behaviors
(Extensive Experience)
Sets guidelines to promote fairness and transparency in financial markets in providing insurance products.
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Level 5 Behaviors
(Mastery)
Develops compliance and risk management standards to manage overall insurance legal and regulatory environment.
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3 Health Underwriter, Sr. - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Health Underwriter, Sr.
Proficiency Level - 4
5 Competency for - Health Underwriter, Sr.
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Health Underwriter, Sr.

1 Core Competencies – Standard Operating Procedures (SOP)
Proficiency Level -2
Skill definition-A set of written instructions that describes the step-by-step activities to complete tasks in compliance with business standards and industry regulations.
Level 1 Behaviors
(General Familiarity)
Identifies our internal and external sources for the SOPs we need.
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Level 2 Behaviors
(Light Experience)
Gathers information on workflows and business controlling points.
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Level 3 Behaviors
(Moderate Experience)
Maintains the accuracy of SOPs to provide consistent guidance in our workplace.
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Level 4 Behaviors
(Extensive Experience)
Leverages the use of SOPs to solve business and operation problems.
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Level 5 Behaviors
(Mastery)
Keeps abreast of industry regulation and its effect on our internal SOPs.
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2 Core Competencies – Risk Management
Proficiency Level -2
Skill definition-The identification, evaluation, and prioritization of various risks, followed by controlling practices to minimize any adverse impact.
Level 1 Behaviors
(General Familiarity)
Lists the common types of risks in a business environment.
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Level 2 Behaviors
(Light Experience)
Conducts regular risk reviews of our business value streams and reports results to management.
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Level 3 Behaviors
(Moderate Experience)
Partners with risk owners to drive risk mitigation by highlighting areas in need of remediation.
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Level 4 Behaviors
(Extensive Experience)
Evaluates the performance of the current risk management framework; suggests enhancements and alternative solutions.
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Level 5 Behaviors
(Mastery)
Establishes policies, procedures, and best practices to guide the risk management activities.
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3 Health Underwriter, Sr. - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Health Underwriter, Sr.
Proficiency Level - 4
5 Competency for - Health Underwriter, Sr.
Proficiency Level - 5

Summary of Health Underwriter, Sr. skills and competencies

There are 9 hard skills for Health Underwriter, Sr., Insurance Industry, Insurance Legal and Regulatory Environment, Life Insurance, etc.
0 general skills for Health Underwriter, Sr..
8 soft skills for Health Underwriter, Sr., Standard Operating Procedures (SOP), Risk Management, Critical Thinking, etc.
While the list totals 17 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Health Underwriter, Sr., he or she needs to be proficient in Standard Operating Procedures (SOP), be proficient in Risk Management, and be skilled in Critical Thinking.

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