Senior Underwriter

🔍 Philadelphia, Pennsylvania

📁: Underwriting

📅   : Sep 23, 2024 Post Date

📅   : 240983 Requisition #

Bring your drive for excellence, team orientation and customer commitment to Independence; help us renew and reimagine our business and shape the future of health care. Our organization is looking to diversify, grow, innovate and serve, and we are looking for committed, empowered learning-oriented people to join our team. If this describes you, we want to speak with you

Job Summary

Prepares and reviews cases and employs various underwriting risk assessment techniques depending on the appropriate approach for the specific customer.

Establishes supporting documentation for analysis and makes recommendations and/or pricing decisions internally to underwriting management and/or sales based on established authority level.
Assists more junior underwriters in meeting department needs and developing skills.
Attends and often co-leads internal, customer and broker dialogues in order to provide consultative support and recommendations based on the client specific considerations.
May participate on multi-department projects.
Has a strong knowledge of Health Care Reform, risk assessment, marketplace conditions, competitive landscape, and relevant business acumen.
May underwrite medical, pharmacy, and/or ancillary lines of business.
Completes RFP's and RFR's for assigned cases.

QUALIFICATIONS

Bachelor's degree or equivalent experience required. MBA preferred.
Minimum of 5 years progressive experience working in group health insurance environment and 3+ years experience working in underwriting environment. Can be concurrent experience.
Advanced knowledge of insurance concepts, underwriting, rating techniques and risk evaluation is required.
The ability to work independently and manage multiple priorities under tight timeframes.
Strong analytical and mathematical skills as well as the ability to recognize, research and resolve discrepancies then effectively communicate results and recommendations is required.
Exhibits a prescribed level of proficiency across all competencies as defined in the Underwriting Competency Model. In addition, each role within Underwriting has five specific competencies that are weighted heavier in the evaluation of performance. Must be detail oriented, skilled in problem solving, mathematics and algebraic concepts.
In depth understanding of insurance concepts, and advanced understanding of rating techniques. Must have advanced interpersonal skills, including written and verbal communication.
Knowledge of the Microsoft office suite of products (Access, Word and Excel), in depth understanding of underwriting technology and support systems.
Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.
Independence has implemented a “Hybrid” model which consists of Associates working in the office 3 days a week (Tuesday, Wednesday & Thursday) and remotely 2 days a week (Monday & Friday). This role is designated as a role that fits into the “Hybrid” model. While associates may work remotely on our designated remote days, the work must be performed in the Tri-State Area of Delaware, New Jersey or Pennsylvania

Independence Blue Cross is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.

Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.

Diversity, Equity, and Inclusion

At Independence, everyone can feel valued, supported, and comfortable to be themselves. Our commitment to equity means that all associates have a fair opportunity to achieve their full potential. We put these principles into action every day by acting with integrity and respect. We stand together to speak out against injustice and to break down barriers to support a more inclusive and equitable workplace. Celebrating and embracing the diverse thoughts and perspectives that make up our workforce means our company is more vibrant, innovative, and better able to support the people and communities we serve.

About Our Company

Serving more than 8 million people nationwide, including 2.5 million in southeastern Pennsylvania, Independence Health Group — together with its subsidiaries — is the leading health insurance organization in the Philadelphia region. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day.

At Independence, we see each of our members as an individual, with unique needs and concerns. We’re dedicated to harnessing the very latest ideas and technologies to deliver access to care that meets those needs and surpasses your expectations. For more information about Independence access our website at www.ibx.com. We’re revolutionizing health care, and our focus is on you!

Equal Employment Opportunity

Agency Disclaimer

All resumes submitted directly to an Independence Blue Cross employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of Independence Blue Cross and the Independence Blue Cross Family of Companies. Please note that no fee will be paid in the event the candidate is hired by Independence Blue Cross or the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process.