Sr Underwriter
Bring your drive for excellence, teamwork, and customer commitment to Independence. Join us as we renew and reimagine the future of health care. Together, we will achieve our mission to enhance the health and well-being of the people and communities we serve.
Senior Underwriter Responsibilities:
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.
Knowledge, Skills and Abilities
Advanced knowledge of medical 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 algabraic 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.
Qualifications - External
Minimum of 5 years progressive experience working in group medical insurance environment and 3+ years experience working in underwriting environment. Can be concurrent experience.
Bachelor's degree or equivalent experience required. MBA preferred.
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.
IBX is an Equal Opportunity 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.
Inclusion and Belonging
At IBX, everyone can feel valued, supported, and comfortable to be themselves, and 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. Celebrating and embracing 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
IBX is an Equal Opportunity 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.
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.