Associate Underwriter
Atlanta GA Location
Coventry Health Care, Inc.
GENERAL SUMMARY
Underwrites and rates routine health care business and accomplishes the company’s goal of providing excellent service to our sales force and customer, and ensures these groups remain on a profitable basis. Applies methods used to analyze data in order to determine financial requirements for prospective and
renewal business.
ESSENTIAL RESPONSIBILITIES
- Calculates standard renewal and prospective group rates in accordance with regional rating rules and federal and state regulations.
- Gathers and examines appropriate documentation and data required to calculate and produce rate renewal packages.
- Interprets actuarial data and applies judgment as to actuarial and underwriting considerations in appropriately pricing products.
- Evaluates the appropriateness of group rates. Monitors and enforces current underwriting policies as they relate to individuals and groups.
- Assists sales personnel in explaining rate calculations and underwriting policy if needed.
- Ensures the quality and integrity of account-specific data and information released to the sales force.
- Ensures the timely completion of renewals, proposals, account reports and monthly departmental reports associated with the underwriting function.
- Calculates broker commissions and oversees and enforces broker payment procedures and rules ingroup rating.
- Serves as a liaison with other departments for coordinated projects.
- Tests computer applications of new rating methods.
- Performs other duties as required.
Qualifications:
JOB SPECIFICATIONS
- Bachelor’s degree or equivalent experience.
- Knowledgeable of all federal and state laws and regulations regarding operation of the Program including licensure and audit of contractual services.
- Knowledge of statistical and computer information systems.
- Previous health care contract and services rate administration experience desirable.
Coventry Health Care is an Affirmative Action/Equal Opportunity Employer, and we are committed to building a talented and diverse team.
Job: Professionals
Primary Location: Atlanta, GA, US
Organization: 10000 - Coventry Health Care - Corp
Schedule: Full-time
Job Posting: 2012-10-23 00:00:00.0
Job ID: 1211903