What are the responsibilities and job description for the Senior Underwriter position at BBSI?
POSITION SUMMARY : Ensure that BBSI’s financial risk is minimized by reviewing all client submissions and making decisions in accordance with Underwriting and Pricing Guidelines. This position primarily underwrites medical benefits; however, periodic support of our Workers’ Compensation Underwriting Team is required.
REPORTING RELATIONSHIPS : This position reports to the Underwriting Manager.
DUTIES AND RESPONSIBILITIES :
- Review new business submissions to ensure all required data has been provided
- Gather information needed to assess risk based on Underwriting Guidelines
- Make pricing recommendations in accordance with internal strategy and department goals
- Complete assigned new business and renewal workflow in a timely and accurate manner
- Demonstrate an advanced understanding of underwriting methodology and processes
- Utilize analytical skills, problem-solving and critical thinking to reach business decisions
- Mentor less experienced team members and develop training materials for internal stakeholders
- Collaborate with external partners including carrier representatives
- Communicate and build relationships with insurance department team members, benefits consultants
CORE TRAITS / COMPETENCIES :
QUALIFICATIONS :
Salary and Other Compensation
The starting hourly rate for this position is between $85-105K yearly. Factors which may affect starting pay within this range may include geography, skills, education, experience, certifications, and other qualifications of the candidate.
This position is also eligible for annual incentive pay equal to 8% of annual regular pay, prorated in the first year, in accordance with the terms of the Company’s plan.
Benefits
The Company offers the following benefits for this position, subject to applicable eligibility requirements : medical insurance, health savings account, flexible savings account, dental insurance, vision insurance, 401(k) retirement plan, accidental death and dismemberment, life insurance, voluntary life insurance, voluntary disability insurance, voluntary accident, voluntary critical care, voluntary hospital indemnity, legal, identity & fraud protection, commuter benefits, pet insurance, employee stock purchase program, and an employee assistance program.
Paid Time Off
Accrued sick leave of 1 hour for every 40 hours of work, with maximum based on state or regional requirements; vacation accrues up to 80 hours in the first year, up to 120 hours in years 2-4, and up to 160 hours in the fifth year; 6 paid holidays annually, 4 paid volunteer days annually.
Diversity and Inclusion are critical parts of our corporate culture. BBSI strives to create a workplace where everyone feels included and empowered to bring their full, authentic selves to work, and is treated fairly. BBSI is an equal opportunity employer and makes employment decisions on the basis of merit.
If you meet the above requirements, we welcome the opportunity to learn more about you. For more information, visit us at www. bbsi.com Please apply via this posting and not by contacting our local or corporate offices.
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Salary : $85,000 - $105,000
