Job Posting for Associate Underwriter at Moreton & Company
SUMMARY
Provide underwriting, reporting, database management and technical consulting for all new and existing employee benefit accounts with 100 employees. Evaluate health plans, funding arrangements and financial models. Apply new techniques and methodologies to meet underwriting goals. Make data driven financially sound decisions based on benefit models and structures.
ESSENTIAL FUNCTIONS & RESPONSIBILITES
Firm knowledge of underwriting principles and methodologies
Attend monthly Benefit Meetings to report on underwriting and procedures
Develop and maintain infrastructure needed to support the underwriting, reporting and database management
Complete annual analytical client plan analysis
Provide clients with underwriting reports regarding claims, premiums, trends and enrollment experience
Analyze experience of accounts to ensure future plan costs and review prices for accuracy and fairness
Negotiate renewal premiums as needed
Develop customized pricing, valuation models and group specific programming for reporting purposes
Assist on projects and sales presentations as required
Ability to create financial models with little or limited direction
Develop and maintain an in-depth level of product expertise
Provide data driven analytical input that will aid in the corporate decision making process
Develop and maintain strong relationships with carriers
Work directly with carrier to negotiate renewal premiums
Assist clients with renewal decisions and analysis.
Organize and coordinate workflow among the Account Managers
QUALIFICATIONS
Demonstrate skills of persuasion, and possesses good oral and written communication skills
High degree of self discipline and motivation
B.S. Degree in Economics, Finance, Mathematics or other business related field
Technical education (CEBS, CLU, company courses) helpful and willingness to continue education essential
Successful sales and management record either in insurance industry or other industry
Above average mathematical skills/analytical ability and grasp of finance concepts and underwriting principles
Strong computer skills, advanced knowledge of Excel, Access, Word, PowerPoint and Visual Basic Programming
Willing and able to travel to attend agent's conventions and other industry meetings if so instructed
Salary.com Estimation for Associate Underwriter in Meridian, ID
$82,112 to $109,878
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