Senior Underwriter

About the Role

Find your next opportunity in the Financial Services Industry. ECLARO is looking for a Senior Underwriter for our client in Minneapolis, MN. ECLARO’s client provides retirement savings, health & investment management, and insurance services. If you’re up to the challenge, then take a chance at this rewarding opportunity.

Responsibilities

• Has authority to approve cases up to 3,000 lives.
• Evaluate risk for group insurance products.
• Analyze data such as financial condition of the client company, characteristics of employee groups, participation percentage, type of industry, or past claim experience to determine benefits and rates.
• Ensure proper pricing and appropriate funding methods.
• Coordinate underwriting activities on proposals, new cases, renewals, and amendments.
• Ensure that the company can administer the client's proposed benefit plan design and funding method.
• Develop and maintain relationships with field personnel and clients by answering general questions and obtaining information on which to base decisions.
• Explain and defend underwriting courses of action.
• Document and communicate decisions to necessary areas in the division.
• Review cases exceeding underwriter's review level.
• Contribute to total division profitability by analyzing / assessing client profitability through experience and expense analysis and attention to product line performance.
• Other duties as assigned.

Skills

• 2-4 years underwriting experience.
• Strong problem-solving and analytical skills.
• PC skills including word processing and spreadsheet applications.
• Excellent written and oral communication skills.

Pay

Pay Rate: $50 / Hour

Benefits

• 401k Retirement Savings Plan administered by Merrill Lynch
• Commuter Check Pretax Commuter Benefits
• Eligibility to purchase Medical, Dental & Vision Insurance through ECLARO

If interested, you may contact: Carlo Flores | Carlo.Flores@eclaro.com | 646-695-2934 | Carlo Flores on LinkedIn