Underwriting's overarching function is to anticipate key business, marketplace and competitor dynamics in developing and implementing strategies to optimize business results which include retention and growth targets while mitigating risk. Primary focus is on establishing the appropriate rate and conditions of offering to achieve revenue, membership and margin goals. Additionally, processes and policies are managed to support optimal customer service while collaborating with Sales/Account Management partners to optimize business opportunities and effective solutions.
Essential Functions:
- Establish effective business relationships with Sales and Account Management to execute a business plan that optimizes our opportunities across a book of business
- Produce accurate quotes in compliance with Underwriting & authority guidelines and state & federal laws for existing and prospective business
- Develop and execute account and/or book of business plans to ensure attainment of goals
- Conduct peer review to ensure accuracy & appropriateness of quote
- Manage business processes and policies that support optimal customer service
- Meets established department turn around goals by balancing deadlines
- Develops solutions to a variety of problems of moderate to complex scope and complexity
- Implement new and existing policies, procedures, and methodology
- Implement continuous quality improvement programs
- Strategize with internal customers on implications of decisions on business outcomes
- Position Underwriting is an integral partner in the creation of effective business solutions
- Establish relationships with Sales/Account Management to enhance business potential with purchasers, brokers & consultants
- Develop solutions that increase credibility with customers & Sales/Account Management and external customers
- Acquire & exhibit knowledge of the external business environment to add value
- Performs other duties and accepts responsibility as assigned
Qualifications:
Basic Qualifications:
- Two years of in rating, underwriting, or three years quantitative analysis experience
- bachelor's degree in business administration, health care administration, mathematics, statistics, finance or related field or equivalent related experience
- Demonstrated knowledge of and skill in planning, time management, analytical thinking, change adaptability, team orientation, business ethics, business systems, communication skills, customer service-focused, commitment to learning, decision making, mathematical aptitude, KP Organization/Values/Legacy, and initiative
Preferred Qualifications:
- Two years of large group underwriting experience
External hires must pass a background check/drug screen.
We are proud to be an equal opportunity/affirmative action employer.