Senior Underwriter

About the role

Makes underwriting recommendations and decisions to protect the financial assets of the company and the carrier. Reviews proposal requests to evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing. Establishes, maintains, and develops producer relationships. Works with expanded underwriting authority and business development responsibility.

Responsibilities

• Evaluate risk acceptability within established guidelines and set appropriate rates and factor levels.
• Analyze proposed plan changes to acceptability and cost.
• Work in conjunction with the Sales department to follow-up on quoted cases.
• Communicate with third-party administrators, brokers, and other external parties to collaborate on strategy, answer questions, explain decisions, deal with issues, build and maintain productive relationships, and respond appropriately and in a timely manner to service requests.
• Work collaboratively with management, internal departments, and other parties as necessary to respond to customer needs and deliver exceptional customer experiences.
• Complete requests for proposals (RFPs) promptly and follow-up for status and competitive information.
• Train and mentor Underwriters, and other internal and external personnel as assigned.
• Able to travel to visit external and internal for growth and business development as needed.
• Able to successfully participate in and complete projects and other activities as assigned.
• Able and ambitious to participate in leadership and growth programs when assigned/nominated.

Requirements

• 4 Year / Bachelors Degree Business Administration, Accounting, Finance, a related field, or the equivalent education and/or experience.
• Prioritize work towards Certified Employee Benefits Specialist (CEBS), Fellow of the Life Management Institute (FLMI), or Chartered Life Underwriter (CLU) certification(s).
• 5 Years relevant and progressive professional experience.
• Demonstrate expertise, knowledge, and proficiency in Medical Stop Loss Underwriting.
• Show strategic thinking, anticipation, proactivity, and relationship building skills.
• Ability to read and interpret documents such as plan of benefits, bid specifications, claim reports, and procedural manuals.
• Have solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy.
• Show strong critical thinking and negotiating skills.
• Display advanced organization and analytical skills; demonstrate ability to manage multiple tasks simultaneously and work effectively under time pressure.
• Have knowledge of insurance industry and Company's business.
• Show intermediate proficiency and experience using Microsoft Office package (Excel, PowerPoint, Word, Outlook, Teams, etc.).
• Show collaboration skills and ability to work in a highly team-oriented environment.
• Show adaptability and willingness to learn.
• Show strong organizational skillset.
• Preferred: Previous knowledge and experience using Young Consulting’s ESLOffice or equivalent.
• Preferred: Basic knowledge of medical terminology.

Qualifications

• Knowledge of insurance industry and Company's business.
• Intermediate proficiency and experience using Microsoft Office package (Excel, PowerPoint, Word, Outlook, Teams, etc.).
• Collaboration skills and ability to work in a highly team-oriented environment.
• Adaptability and willingness to learn.
• Strong organizational skillset.
• Previous knowledge and experience using Young Consulting’s ESLOffice or equivalent.
• Basic knowledge of medical terminology.

Skills

• Medical Stop Loss Underwriting.
• Strategic thinking, anticipation, proactivity, and relationship building skills.
• Reading and interpreting documents such as plan of benefits, bid specifications, claim reports, and procedural manuals.
• Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy.
• Strong critical thinking and negotiating skills.
• Advanced organization and analytical skills; managing multiple tasks simultaneously and working effectively under time pressure.
• Knowledge of insurance industry and Company's business.
• Intermediate proficiency and experience using Microsoft Office package (Excel, PowerPoint, Word, Outlook, Teams, etc.).
• Collaboration skills and ability to work in a highly team-oriented environment.
• Adaptability and willingness to learn.
• Strong organizational skillset.
• Previous knowledge and experience using Young Consulting’s ESLOffice or equivalent.
• Basic knowledge of medical terminology.

Benefits

Competitive salary and comprehensive benefit package
Strong learning culture with ongoing development opportunities
Opportunities for growth and career advancement
Comprehensive medical, vision, and dental coverage, with eligibility beginning on your first day of employment
Basic life and disability insurance
401(k) plan with 6% company match
20 days of PTO, two floating holidays, approximately 11 paid holidays, and volunteer time off
Paid parental leave
Access to our award-winning wellness program, including mental health services, fitness network membership, and a complimentary Headspace subscription
Student loan matching program
Employee discount program
An opportunity to do meaningful work and love what you do

Pay

The pay range for this position is $79,400-175,300 which includes geographic adjustments, where applicable.

Schedule

Overtime hours may be required to fulfill job responsibilities
May be required to remain stationary for extended periods of time
May be required to move up to 10 pounds
Must be able to operate a computer and other devices
Close vision and ability to adjust focus, such as required to read a computer screen
Occasional travel up to 10% of the time

About Us

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine Group, and more than fifty years of growth, profitability, and stability, we offer important insurance products that most people don’t even know exist. Every policy we write is special, enabling our clients to do amazing things. For over 50 years, HCC Life Insurance Company, operating as Tokio Marine HCC – A&H Group, has been at the forefront of medical stop loss insurance. In addition to traditional stop loss, we offer captive and Taft-Hartley stop loss solutions, level funded stop loss, Organ & Tissue Transplant insurance and MedPlus insurance. Tokio Marine HCC – A&H Group is rated A++ (Superior) by A.M. Best Company and benefits from the financial stability of its parent company, Tokio Marine HCC. Applying our Mind Over Risk philosophy to writing insurance allows our customers to take on opportunity with confidence. That philosophy defines our way of thinking, unites us as a team, and differentiates us from our competitors. We are much more than just an insurance company; we are a good company. TMHCC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship, color, family or medical care leave, gender identity, genetic information, marital status, medical condition, national origin, physical or mental disability, protected veteran or military status, race, ethnicity, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable local laws, regulations and ordinances.