What are the responsibilities and job description for the Group Underwriting Consultant Senior position at Elevance Health?
Location : This position is available to qualified candidates within the contiguous US. Elevance Health operates in a Hybrid Workforce Strategy, providing various levels of flexibility while also ensuring that associates have opportunities to connect in-person. Unless in a designated virtual-eligible role and specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.Group Underwriting Consultant, Senior is responsible for determining acceptability of insurance risks and appropriate premium rates for large and complex group cases. Position is the most senior technical underwriting expert.How You Will Make an ImpactCalculates renewal rates for large complex cases based on thorough analysis of experience, location, demographics, etc.Determines and provides guidance to medical underwriters concerning the risk selection of applicants applying for individual health coverage.Coordinates with other departments to ensure accuracy and consistency of overall account reporting.Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.Prepares or supervises preparation of annual settlements, ERISA reports, rate projections, or benefit change increments and decrements.Surveys existing product portfolios by market, monitors sales results, trends and needs, recommends product portfolio changes.Assists in establishing rating and administrative procedures.Participates in major multi-functional teams as underwriting representative.Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements.Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.Minimum Requirements : Requires a BA / BS in a related field; Minimum 7 years of related experience; or any combination of education and experience, which would provide an equivalent background.Preferred Skills, Capabilities and Experiences : CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred.For candidates working in person or remotely in the below locations, the salary range for this specific position is $96,852 to $166,032.00.Locations : California; Colorado; District of Columbia (Washington, DC); Illinois; Maryland; Minnesota; Nevada; New York; Washington State.In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements).#J-18808-Ljbffr
Salary : $96,852 - $166,032
