Group Underwriting Consultant Senior

Anticipated End Date:

Position Title:

Job Description:

Group Underwriting Consultant Senior

Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The Group Underwriting Consultant Senior is responsible for determining acceptability of insurance risks and appropriate premium rates for large and complex group cases. Position is the most senior technical underwriting expert.

How You Will Make an Impact

Primary duties may include, but are not limited to:

• Proposes rates for prospective business utilizing a combination of incumbent experience, demographic/census data and manual rates.
• For larger more complex new business opportunities, will own all Underwriting pieces of the RFP including rate/fee development, rate/fee templates and financial questions.
• Drive any escalation required with limits of authority review.
• Performs post-sale reviews and management reporting, as applicable.
• Coordinates with other departments to ensure accuracy and consistency of overall account reporting.
• Prepares any benefit change increments and decrements.
• Assists in establishing rating and administrative procedures.
• May participates in major multi-functional teams as underwriting representative as applicable.
• Assists in the technical development of underwriting associates, including mentoring, on the job training, and peer review.
• Demonstrates leadership by recommending and guiding efficiency improvements, process changes or any other opportunities to improve the Underwriters workflow/toolset.
• Negotiates, collaborates, partners with internal Sales leads/management and engages in Broker discussions/meetings as applicable.

Minimum Requirements:

Requires a BA/BS in a related field;
Minimum 7 years of related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences:

• CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred.

For candidates working in person or virtually in the below location(s), the salary
* range for this specific position is $109,940 to $172,080.

Locations:
New Jersey, New York

In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations.

No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, and any other form of compensation and benefits that are allocable to a particular employee remains in the Company’s sole discretion unless and until paid and may be modified at the Company’s sole…