Underwriter

Description

JOB SUMMARY

Bachelor's Degree in Mathematics, Actuarial Science, Finance, Business, Computer Science or other quantitative analysis discipline

This job analyzes data such as type of industry, financial condition, and other characteristics to assess risk for a book of business consisting of standard small and mid-sized clients in conformance with established underwriting policies, practices and standards.

May prepare a variety of reports to support developed rating actions.

ESSENTIAL RESPONSIBILITIES

• Responsible for block of business (new or renewal) or for those new / renewing accounts assigned, including all rating methods.
• Calculate rates utilizing Company rating algorithms, adjusting accordingly to cover questionable claim patterns or unusual situations not otherwise contemplated within the standard formula.
• Communicate case specific underwriting results with other internal departments.
• Complete workload within established Production and Timeliness standards.
• Other duties as assigned.

EDUCATION

Required

Bachelor's Degree in Mathematics, Actuarial Science, Finance, Business, Computer Science or other quantitative analysis discipline

Substitutions

6 years of related experience in lieu of a Bachelor's Degree

Preferred

None

EXPERIENCE

Required

1 year of relevant underwriting experience

Preferred

2 years of relevant underwriting experience

LICENSES OR CERTIFICATIONS

Required

None

Preferred

Actively pursuing a relevant professional designation from an organization such as (but not limited to) HIAA / AMHC, CEBS, SOA

SKILLS

• Ability to work independently and use computer systems, electronic tools and applications
• Ability to manage several simultaneous priorities
• Demonstrated ethical business practices with adherence to guidelines
• Mathematical ability to apply complex rating algorithms

Language Requirement(Other than English)

None

Travel Required

0% - 25%

PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS

Position Type

Office-based

Teaches / trains others regularly

Occasionally

Travel regularly from the office to various work sites or from site-to-site

Rarely

Works primarily out-of-the office selling products / services (sales employees)

Does Not Apply

Physical work site required

Lifting : up to 10 pounds

Constantly

Lifting : 10 to 25 pounds

Rarely

Lifting : 25 to 50 pounds

Never

Pay Range Minimum : $24.12

$24.12

Pay Range Maximum : $43.42

$43.42

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, age, religion, sex, national origin, sexual orientation / gender identity or any other category protected by applicable federal, state or local law.

Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, age, religion, sex, national origin, sexual orientation / gender identity, protected veteran status or disability.

EEO is The Law

Equal Opportunity Employer Minorities / Women / Protected Veterans / Disabled / Sexual Orientation / Gender Identity ()

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