Underwriter, Insurance

Engage PEO, recognized on the 'INC. 5000 Honor Roll for the Fastest Growing Private Companies' is seeking future Engagers who are ready to build a rewarding future. The Benefits Underwriter will manage health insurance risk and premium pricing for Engage PEO prospects and clients. This role reviews submission data, develops competitive benefit pricing, and ensures accuracy and timeliness throughout the pricing process.

The position also partners with consultants and sales teams to support growth while maintaining effective risk management.

• Support the internal team or third-party vendor in reviewing the submitted information from the Sales Support team, ensuring all required documentation has been received,and setting up appropriate underwriting tools. Conduct parity on all new underwritingbusiness submissions in the absence of the third party or internal role for this portion ofthe job
• Review all data and tools for completeness and accuracy while reviewing the risk and assigning the associated premium to support the risk
• Complete a full evaluation of the proposed prospects and the Engage benefit pricing and proposal and communicate final pricing to the consultant and sales teams.
• Prepare available plan portfolio options for each medical proposal generated
• Prepare Multiplan comparisons and contribution analysis when appropriate
• Work with the underwriting team to produce monthly reports relating to quotes, quotevolume, quote tracking, book performance, and other related data
• Provide Quote Analysis and appropriate actuarial review of data and offer insight intochanges or updates to the process to achieve plan performance targets
• Ensure that all systems are accurately updated with all underwriting metrics and data

• Work closely with Sales Support, Underwriting, Operations, and Business units across the organization to understand the Engage PEO sales model and value proposition
• Work directly with client services, sales, and other members of the benefits teams for questions regarding plan offerings and guidelines
• Work closely with the other team members to generate proposals utilizing third-partyanalysis, parity tools, health scores, and carrier-established manual rates. You will ensure proper rate banding and provide alternative plan structure options according to the Engage Insurance Agency Underwriting guidelines
• Performs other duties as required

• Bachelor's degree in Business Administration, Finance, or a related field
• Minimum 2 years of work experience in financial analysis or pricing and/or health benefits underwriting
• Professional Employer Organization (PEO) experience is a plus
• Proficient with MS Office and Intermedial Microsoft EXCEL skills
• Resident State Health insurance license (215) is a plus
• Client Space and PrismHR knowledge is a plus
• Apply basic underwriting skills to compare benefit plans and rates, along with appropriate risk banding to utilize in quoting new business
• Working knowledge of the Health Insurance industry across all coverage lines:
  Health,Life Disability, Dental, and Vision plans
• Familiarity with ACA and compliance, preferred
• Strong Analytical skills to understand numeric data to interpret and apply pricing guidelines to specific situation

The starting base pay for this position is listed below. However, you should know that the pay rate may vary based on regional location, the candidate’s skill, and relevant experience. In addition, some positions may include a form of bonus or other incentive compensation, which would not be included in this salary range.

We offer a comprehensive Benefits Package to our full-time salaried, hourly, or commissioned workers.

• 3 Weeks Paid Time-Off per Year (Increasing with seniority)
• Parental Leave
• Paid Holidays
• Your choice of Medical Insurance Plan or HSA with a generous employer contribution
• Life Insurance with an employer-paid base
• Dental and Vision
• Long-Term Disability Insurance with an employer-paid base
• Short-Term Disability Insurance
• Pre-tax Savings on most employee insurance premiums
• Medical Expense Flexible Spending Account
• Dependent Care Flexible Spending Account
• Commuter and Parking Pre-tax Benefits
• Discount Tickets on Theme Parks and Attractions

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