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Senior Underwriter - Remote
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What they do
An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.
$74,212 / year median in the U.S.
-6% projected decline
Job Description
- Job Posting Title
- Senior Underwriter - Remote
- Job Description
- The Senior Underwriter is responsible for achieving profit, growth, service and expense objectives through the financial analysis and pricing of Prime's book of business.
- Responsibilities
- + Evaluates the utilization and financial experience of customers and prospects, many of which are very complex + Performs claims re-pricing analyses for the most complex external claims data + Provides support to Sales, Marketing and Client Engagement, assisting in the development of client presentations and negotiations pertaining to pricing and guarantees + Consults with other departments such as Legal, IT, HPS and Marketing, and participates in meetings as required on issues that have financial implications + Other duties as assigned •Minimum Qualifications•+ Bachelor's degree in mathematics, accounting, or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required + 5 years of related work experience in Finance or Accounting + Must be eligible to work in the United States without need for work visa or residency sponsorship •Additional Qualifications•+ Prior work experience in the PBM and/or healthcare industry + In-depth knowledge of mathematical applications used in underwriting function is required, including the ability to calculate figures such as discounts, proportions and percentages, as well as the ability to apply basic concepts of business mathematics and algebra in underwriting problems + Ability to effectively present information and respond to questions in one-on-one or small group situations + Proficient in MS Office applications, particularly Excel, Word and PowerPoint •Preferred Qualifications•+ 2 years as a Senior Underwriter or Benefits Consultant + Proficient with Salesforce.