- Evaluate Group Metrics: Analyze group census data, age demographics, and historical claims experience to identify and quantify potential risk exposures.
- Predictive Modeling: Utilize statistical data to forecast future utilization trends and claim behaviors for prospective and renewing groups.
1. Quote Preparation & Structuring
- Collaborative Pricing: Design and construct tailored benefit quotes based on specific requirements communicated by the Sales Single Point of Contact (SPOC).
- Financial Alignment: Ensure the pricing structure balances competitiveness in the market with the company's profitability goals.
1. Data Management & Administration
- Underwriting Governance: Maintain precise and organized underwriting files.
- CRM Hygiene: Consistently log activities, quote versions, and risk decisions within the CRM system to ensure data integrity across departments.
1. Compliance
- Policy Adherence: Guarantee that all generated quotes strictly comply with internal underwriting guidelines and risk appetites.
- Efficiency: Manage workflow effectively to meet or exceed established Turnaround Times (TAT).
1. Stakeholder Communication
- Strategic Insights: Partner with the Sales SPOC by providing transparent, data-driven insights into the group’s risk profile.
- Pricing Justification: Articulate the rationale behind specific pricing decisions and rate adjustments to support the sales team in client negotiations.
REQUIREMENTS:
- Option 1 (Experienced): Minimum 1 year of direct experience in Group Health Underwriting.
- Option 2 (Academic Background): B. Sc. in Actuarial Science (fresh graduates with a strong numerical foundation are welcome).
- Option 3 (Career Switch): Experienced medical claims processing professionals with strong technical knowledge who want to transition into underwriting.
TECHNICAL & COMPETENCY REQUIREMENTS
- Analytical Mindset: Exceptional ability to spot trends, anomalies, and details within complex data structures.
- Software Skills: High proficiency in MS Excel (v-lookups, pivot tables, data sorting) and MS Word.
- Core Skills: Strong team player, adaptable to changing priorities.
BENEFITS
A Collaborative & Seasoned Peer Network
- Expert Mentorship: Work alongside a diverse, high-performing team with a rich mix of experienced and innovative thinkers.
- Knowledge Sharing: Benefit from a collaborative setting where insights into complex risk assessments and underwriting strategies are shared freely.
Accelerated Career Development
- Rapid-Tracked Growth: Engage in high-impact underwriting projects that challenge your analytical skills and expand your business acumen.
- Continuous Learning: Access a workplace dedicated to your professional evolution, offering the tools, feedback, and autonomy needed to advance your career at an accelerated pace.