Senior Underwriter - Employee Benefits

Foundation Risk Partners is adding a Senior Underwriter to their Corporate Synergies team in the Philadelphia Metro Region to support complex health and welfare programs.

About the role

The Senior Underwriter partners closely with the Vice President of Underwriting and Account Management team to drive renewal strategy, analyze claims data, and ensure accuracy and consistency across underwriting deliverables for both fully insured and self-insured clients.

Responsibilities

• Analyze carrier renewals and manage ongoing carrier interactions
• Review proposals and underwriting materials for accuracy and completeness
• Review and analyze claims reports; oversee claims reporting for self-insured clients
• Develop self-insured budgets, including premium equivalent rate calculations
• Prepare fully insured pre-renewal projections and financial models
• Participate in pre-renewal and renewal strategy meetings with internal teams and clients
• Conduct ad hoc claims and utilization analyses as needed

Requirements

• Proven ability to build strong relationships with clients, carriers, and internal partners
• In-depth knowledge of carrier processes, plan designs, funding arrangements, and stop-loss contracts
• Strong analytical, organizational, and attention-to-detail skills
• Excellent written and verbal communication abilities
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
• Ability to manage multiple priorities in a fast-paced environment
• Comfortable working both independently and as part of a collaborative team
• Bachelor’s degree preferred
• Minimum of 5+ years of underwriting experience with a health and welfare carrier or brokerage, supporting employer groups of 100+ lives

Pay

Pay Transparency Range: $100,000 USD - $130,000 USD. Actual salaries will vary and may be above or below the range based on factors including but not limited to performance, location, and experience.

Benefits

• Comprehensive health-related benefit options including medical, vision, and dental
• 401(k) with company match
• Company paid life insurance, short-term disability (STD), and long-term disability (LTD)
• Generous PTO policy starting at 18 days per year plus 10 paid holidays and 2 floating holidays