Underwriter Analyst
Job
CVS Health
Franklin, TN (In Person)
$70,167 Salary, Full-Time
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Job Description
Underwriter Analyst
We're building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.
Position SummarySupports the organization's ability to achieve its financial and strategic goals through effective underwriting. Identifies and manages risk in order to maximize revenue, membership, and earnings. Performs underwriting analysis and risk assessment Applies in-depth knowledge to single product types, funding arrangements and/or rating methodologies and progresses to multiple types, arrangements and methodologies with experience and skill development.
Roles & Responsibilities
Visit the Employer site for more details
Position SummarySupports the organization's ability to achieve its financial and strategic goals through effective underwriting. Identifies and manages risk in order to maximize revenue, membership, and earnings. Performs underwriting analysis and risk assessment Applies in-depth knowledge to single product types, funding arrangements and/or rating methodologies and progresses to multiple types, arrangements and methodologies with experience and skill development.
Roles & Responsibilities
- Utilizes basic functionality of underwriting tools, systems, and reference materials to produce accurate quotes, renewals, and/or accountings.
- Applies underwriting guidelines and escalates underwriting exceptions/financial variances for assigned cases to the appropriate level.
- Assists department with projects or workgroups; identifies and supports process improvement through automation or process change. Required Qualifications
- 6+ months-2 years Health care/ insurance experience.
- 1-3 years' experience in underwriting/accounting pricing methodologies.
- Strong written and verbal communication for documentation, customer correspondence, and internal recommendations.
- Prior experience collaborating with cross-functional teams.
- Experience working with standard Microsoft Office products.
- Hybrid- required 3 days onsite. Preferred Qualifications
- 1+ years' experience in healthcare/medical underwriting. ?
- Strong Analytical Skills to interpret financial and medical information to make sound underwriting decisions.
- Proficiency in Microsoft Excel and experience working with underwriting or case management systems.
- Detail-Oriented with the ability to manage multiple applications or projects.
- Continuous improvement mindset and willingness to adapt to changing processes and guidelines.
- Demonstrated success prioritizing work and the ability to multi-task in a fast-paced environment.
- Demonstrated ability to utilize analytical and independent thinking skills.
- Demonstrated success in collaborating with others to meet/exceed expectations. Education
- High School Diploma, Bachelor's degree preferred.
- Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
- No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
- Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
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