Group Underwriter Associate

Your Role

The Mid Market Accounts Underwriting team serves group health care for mid‑sized employers from 250 to 3,000 employees. Partnering with our large group sales organization, we work with California's and the nation's largest and most sophisticated employers and benefits consultants.

The Mid Market Accounts Underwriting team serves group health care for mid‑sized employers from 250 to 3,000 employees. Partnering with our large group sales organization, we work with California's and the nation's largest and most sophisticated employers and benefits consultants.

The Group Underwriter Large, Associate will report to the underwriting manager. In this role you will be part of an underwriting team responsible for balancing operating income and membership goals while protecting the company’s bottom line from loss.

Our leadership model is about developing great leaders at all levels and creating opportunities for our people to grow – personally, professionally, and financially. We are looking for leaders that are energized by creative and critical thinking, building and sustaining high-performing teams, getting results the right way, and fostering continuous learning.

In this role, you will:

• Apply appropriate actuarial factors and rating methods to determine potential exposure to Blue Shield’s products
• Collect, review and assess customer specific data including financial condition, employee demographics and past claim experience to determine degree of risk, appropriate benefits and rates
• Review requests for quotes, develops and reviews bid specifications, benefit plan design features and financial alternatives for complex, fully insured cases
• Participate in discussions and negotiate with sales representatives on new and renewal business
• Review and approve rates in sales requests and updates financial and tracking databases
• Gain the ability to provide underwriting knowledge, education, advice and coaching to other underwriters and departments
• Prepare ad hoc statistical reports

• Requires a bachelor’s degree in a related field such as Finance, Mathematics, Accounting, or equivalent experience
• Requires 0-2 years of prior relevant experience
• Basic knowledge of financial principles and concepts
• Able to solve complex problems with sometimes ambiguous information
• Basic knowledge of medical products including their financial drivers and funding arrangements including fully insured, ASO, minimum premium and refund accounting
• Excellent negotiation and customer service skills
• Ability to perform as a team member and collaborate with other teams/depts

This role requires employees to be in-office based on our hybrid workplace model, balancing purposeful in-person collaboration with flexibility. For most teams, this means coming into the office two days each week.

Employees living more than 50 miles from an office location will work with their manager to determine in-office time based on business need.

As of January 2025, Blue Shield of California became a subsidiary of Ascendiun. Ascendiun is a nonprofit corporate entity that is the parent to a family of organizations including Blue Shield of California and its subsidiary, Blue Shield of California Promise Health Plan;
Altais, a clinical services company; and Stellarus, a company designed to scale healthcare solutions. Together, these organizations are referred to as the Ascendiun Family of Companies.

At Blue Shield of California, our mission is to create a healthcare system worthy of our family and friends and sustainably affordable. We are transforming health care in a way that genuinely serves our nonprofit mission by lowering…