What are the responsibilities and job description for the Group Underwriter II position at myGwork?
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Join PacificSource and help our members access quality, affordable care!
PacificSource is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, or other protected status, such as race, religion, color, national origin, sex, sexual orientation, gender identity or age.
Diversity and Inclusion: PacificSource values the diversity of the people we hire and serve. We are committed to creating a diverse environment and fostering a workplace in which individual differences are appreciated, respected and responded to in ways that fully develop and utilize each person's talents and strengths.
Position Overview:
Responsible for accurate and reliable underwriting activities for all lines of business. Generate insurance proposals, renewals, and other insurance plan related reports, quotes, financial settlements, etc., for the Marketing and Actuarial Services Departments. Primary business focus will be large groups. Provide assistance to marketing, agents and the Sales Administration Team on Group and Individual.
Essential Responsibilities:
Apply established formulas and guidelines for timely and accurate rating of existing and prospective insurance contracts. Clearly articulate the reasoning and method behind rating actions.
Provide large group new business and renewal underwriting. Apply established formulas and guidelines for timely and accurate rating of prospective insurance contracts
Process insurance plan proposals, alternate and optional quotes, ASO contracts, and declinations. Make necessary computations from information contained in company software and database applications, prepare all supportive documentation, assemble final information and documents properly, and distribute finished items to the proper individuals
Provide backup and mentoring for Group Underwriter(s) and continue process improvement measures.
Produce and maintain charts, tables, the Actuarial Services Manual, and other various Actuarial Services documents, under the direction of supervisor.
Provide support to the Marketing Department, brokers, and agents by offering technical expertise regarding rating and benefit evaluation.
Provide information to, or requests information from, group policy administrators, agents, and other internal or external customers in a prompt, professional, and courteous manner
Assist in maintaining Underwriting policies and procedures on-line and communicates those to the appropriately affected departments.
Coordinate business activities by maintaining collaborative partnerships with key departments.
Assist with process improvement and work with other departments to improve interdepartmental processes. Utilize lean methodologies for continuous improvement. Utilize visual boards and daily huddles to monitor key performance indicators and identify improvement opportunities.
Supporting Responsibilities:
Work collaboratively with other department staff members to develop department best practices and address issues.
Meet department and company performance and attendance expectations.
Follow the PacificSource privacy policy and HIPAA laws and regulations concerning confidentiality and security of protected health information.
Perform other duties as assigned.
SUCCESS PROFILE
Work Experience: At least 3 years of group underwriting experience in the health insurance industry including but not limited to, the preparation of health insurance industry documents and data entry. Preference for underwriters with proposal experience, medical underwriting and risk adjustment methods.
Education, Certificates, Licenses: Bachelor's degree preferred or equivalent experience
Knowledge: Knowledge of underwriting concepts and ability to employ established underwriting procedures. Requires a detailed understanding of Marketing and Actuarial Services. Ability to identify problems, develop solutions, articulate the reasoning, and implement a chosen course of action Experience in the use of Microsoft Word, Excel, Access, and Windows desirable. Ability to communicate effectively, both verbally and in writing, within the company, with brokers, and with groups. Requires basic math skills, including percentages, ratios, graphing and spreadsheet skills.
Competencies
Adaptability
Building Customer Loyalty
Building Strategic Work Relationships
Building Trust
Continuous Improvement
Contributing to Team Success
Planning and Organizing
Work Standards
Environment: Work inside in a general office setting with ergonomically configured equipment. Travel is required approximately less than 5% of the time.
Our Values
We live and breathe our values. In fact, our culture is driven by these seven core values which guide us in how we do business:
We are committed to doing the right thing.
We are one team working toward a common goal.
We are each responsible for customer service.
We practice open communication at all levels of the company to foster individual, team and company growth.
We actively participate in efforts to improve our many communities-internally and externally.
We actively work to advance social justice, equity, diversity and inclusion in our workplace, the healthcare system and community.
We encourage creativity, innovation, and the pursuit of excellence.
Physical Requirements: Stoop and bend. Sit and/or stand for extended periods of time while performing core job functions. Repetitive motions to include typing, sorting and filing. Light lifting and carrying of files and business materials. Ability to read and comprehend both written and spoken English. Communicate clearly and effectively.
Disclaimer: This job description indicates the general nature and level of work performed by employees within this position and is subject to change. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and qualifications required of employees assigned to this position. Employment remains AT-WILL at all times.
This employer is a corporate member of
myGwork - LGBTQ professionals, the business community for LGBTQ professionals,
students, inclusive employers & anyone who believes in workplace equality.
Join PacificSource and help our members access quality, affordable care!
PacificSource is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, or other protected status, such as race, religion, color, national origin, sex, sexual orientation, gender identity or age.
Diversity and Inclusion: PacificSource values the diversity of the people we hire and serve. We are committed to creating a diverse environment and fostering a workplace in which individual differences are appreciated, respected and responded to in ways that fully develop and utilize each person's talents and strengths.
Position Overview:
Responsible for accurate and reliable underwriting activities for all lines of business. Generate insurance proposals, renewals, and other insurance plan related reports, quotes, financial settlements, etc., for the Marketing and Actuarial Services Departments. Primary business focus will be large groups. Provide assistance to marketing, agents and the Sales Administration Team on Group and Individual.
Essential Responsibilities:
Apply established formulas and guidelines for timely and accurate rating of existing and prospective insurance contracts. Clearly articulate the reasoning and method behind rating actions.
Provide large group new business and renewal underwriting. Apply established formulas and guidelines for timely and accurate rating of prospective insurance contracts
Process insurance plan proposals, alternate and optional quotes, ASO contracts, and declinations. Make necessary computations from information contained in company software and database applications, prepare all supportive documentation, assemble final information and documents properly, and distribute finished items to the proper individuals
Provide backup and mentoring for Group Underwriter(s) and continue process improvement measures.
Produce and maintain charts, tables, the Actuarial Services Manual, and other various Actuarial Services documents, under the direction of supervisor.
Provide support to the Marketing Department, brokers, and agents by offering technical expertise regarding rating and benefit evaluation.
Provide information to, or requests information from, group policy administrators, agents, and other internal or external customers in a prompt, professional, and courteous manner
Assist in maintaining Underwriting policies and procedures on-line and communicates those to the appropriately affected departments.
Coordinate business activities by maintaining collaborative partnerships with key departments.
Assist with process improvement and work with other departments to improve interdepartmental processes. Utilize lean methodologies for continuous improvement. Utilize visual boards and daily huddles to monitor key performance indicators and identify improvement opportunities.
Supporting Responsibilities:
Work collaboratively with other department staff members to develop department best practices and address issues.
Meet department and company performance and attendance expectations.
Follow the PacificSource privacy policy and HIPAA laws and regulations concerning confidentiality and security of protected health information.
Perform other duties as assigned.
SUCCESS PROFILE
Work Experience: At least 3 years of group underwriting experience in the health insurance industry including but not limited to, the preparation of health insurance industry documents and data entry. Preference for underwriters with proposal experience, medical underwriting and risk adjustment methods.
Education, Certificates, Licenses: Bachelor's degree preferred or equivalent experience
Knowledge: Knowledge of underwriting concepts and ability to employ established underwriting procedures. Requires a detailed understanding of Marketing and Actuarial Services. Ability to identify problems, develop solutions, articulate the reasoning, and implement a chosen course of action Experience in the use of Microsoft Word, Excel, Access, and Windows desirable. Ability to communicate effectively, both verbally and in writing, within the company, with brokers, and with groups. Requires basic math skills, including percentages, ratios, graphing and spreadsheet skills.
Competencies
Adaptability
Building Customer Loyalty
Building Strategic Work Relationships
Building Trust
Continuous Improvement
Contributing to Team Success
Planning and Organizing
Work Standards
Environment: Work inside in a general office setting with ergonomically configured equipment. Travel is required approximately less than 5% of the time.
Our Values
We live and breathe our values. In fact, our culture is driven by these seven core values which guide us in how we do business:
We are committed to doing the right thing.
We are one team working toward a common goal.
We are each responsible for customer service.
We practice open communication at all levels of the company to foster individual, team and company growth.
We actively participate in efforts to improve our many communities-internally and externally.
We actively work to advance social justice, equity, diversity and inclusion in our workplace, the healthcare system and community.
We encourage creativity, innovation, and the pursuit of excellence.
Physical Requirements: Stoop and bend. Sit and/or stand for extended periods of time while performing core job functions. Repetitive motions to include typing, sorting and filing. Light lifting and carrying of files and business materials. Ability to read and comprehend both written and spoken English. Communicate clearly and effectively.
Disclaimer: This job description indicates the general nature and level of work performed by employees within this position and is subject to change. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and qualifications required of employees assigned to this position. Employment remains AT-WILL at all times.
This employer is a corporate member of
myGwork - LGBTQ professionals, the business community for LGBTQ professionals,
students, inclusive employers & anyone who believes in workplace equality.
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