Associate Underwriter - Group; Hybrid

Position: Associate Underwriter - Small Group (Hybrid)
# Associate Underwriter
- Small Group (Hybrid)
Care First Blue Cross Blue Shield Full  Time junior Hybrid Baltimore , Maryland, USPosted Yesterday##

Role Overview Care First  Blue Cross Blue Shield is hiring a entry-level Associate Underwriter
- Small Group (Hybrid). This is a full-time hybrid role, based in Baltimore. Part of Care First Blue Cross Blue Shield's Risk hiring, posted yesterday. Full responsibilities, required qualifications, and the apply link are listed in the description below.## Salary Context Salary is not disclosed in this posting. Market median for Junior-level Risk roles is $85k-$114k (based on 54 comparable listings).

Many employers share specifics during the interview process or after an initial screen.## Resume Keywords to Include Make sure these keywords appear in your resume to improve ATS scoringORCompensation Benefits Compliance Contracts Resp Qualifications PURPOSESign up free to auto-tailor your resume with all these keywords and get a higher ATS score##

Job Description Resp & Qualifications

PURPOSE:

This entry level position is responsible for the attainment, effective management, and profitability of a designated book of business. This position utilizes underwriting judgment and exercises a level of authority. Pricing concessions are permitted up to the designated level of authority without further review. This position works closely with Sales and Account Management to ensure that client needs are met without compromising the corporate objectives.

This position is responsible for monitoring financial performance and apprising management as needed.

Essential Functions
* Works closely with the Account Manager and Underwriting Manager to provide alternate benefit plans, risk and/or funding arrangements. Update appropriate billing rate files, contracts, internal databases, etc. Complete the renewal process on smaller accounts, complete/update ASO and Stop Loss contracts and quote alternate funding arrangements with assistance from senior underwriter, consultant or management.
* Support attainment of corporate sales and profitability goals through the completion of new business quotes (e.g. demographics, claims experience, benefit levels, contribution strategy, carrier history, etc.) and the development of appropriate new business rates. Prepare RFP responses with assistance from senior staff. Utilize the latest actuarial tables and factors. Apply underwriting judgement when appropriate with assistance from management.
* Produces and monitors the issuance of Underwriting departmental reports for both internal management and external customers. Utilizes available data to isolate specific elements of account benefit plan performance and to support required rate actions as requested. Participate and have an active role in department special projects, while embracing change in a positive manner.
* Monitor financial performance of assigned book of business to provide advance notice of potential adverse outcomes to Underwriting Department management. Provide technical expertise and support to Account Managers regarding potential benefit changes and/or alternatives available to the account. Ensure account performance is accurately reflected on corporate financial statements and forecasts.
* Provide support to Sales and Account Management staff on Underwriting related issues. Provide support to Finance, Legal, Operations, etc. as requested. Communicating and negotiating directly with prospects, existing accounts, brokers & consultants (with assistance from Management).
* Participate in formal and informal training activities to develop and enhance knowledge of underwriting methodologies, funding options, products, legislation, Care First competitors, and to ensure compliance with corporate and departmental policies. Participation in internal and external courses, becoming proficient in new underwriter tools and applications and continuing to improve computer skills.
* Support corporate initiatives and projects, system deployments and overall system functionality by participating and providing feedback in user acceptance testing, participating in deployment and shakedown testing…