[Hiring] Group Underwriter II @Horizon Blue Cross Blue Shield of New Jersey

Role Description

This position provides Rating & Underwriting services and support to the Sales team and is responsible for the production of rates for the 100+ markets. This position will support Rating & Underwriting services for Stop Loss products.

What You'll Do

• Develops and issues proposal rates for group size 100+ and experience rated proposals.
• Develops and issues experience rated renewals for group size 100+.
• Develops and issues renewal and proposal rates for alternately funded groups.
• Approves Group Enrollment Information (GEI) and Benefit Information Forms (BIFs) where applicable.
• Researches rate and benefit inconsistencies and issues corrections and/or recommendations.
• Assembles data and produces ERISA 5500 reports and settlements and issues to Sales, where applicable.
• Makes decisions to offer special financial arrangements to groups and monitors outcomes as required.
• Attends meetings with groups and brokers to discuss renewals and proposals and makes recommendations.
• Maintains and updates monthly financial reports necessary for Enterprise Operations.
• Performs other duties as assigned by management.

Qualifications

• Minimum High School diploma or GED.
• Bachelor's degree, preferred in Math, Statistics, or Accounting.
• Analysis experience preferred.
• Requires minimum three (3) year's experience in health insurance industry with experience in Rating/Underwriting.
• Stop Loss underwriting experience highly preferred.

Requirements

• Requires knowledge of underwriting principles, benefit offerings, alternate financial mechanisms and rating methodology.
• Prefer knowledge of Horizon BCBSNJ products.
• Must be proficient in the use of personal computers and supporting software in a Windows based environment, including MS Office products (Word, Excel, PowerPoint).

Benefits

• Comprehensive health benefits (Medical/Dental/Vision)
• Retirement Plans
• Generous PTO
• Incentive Plans
• Wellness Programs
• Paid Volunteer Time Off
• Tuition Reimbursement

Company Description

Horizon Blue Cross Blue Shield of New Jersey empowers our members to achieve their best health. For over 90 years, we have been New Jersey’s health solutions leader driving innovations that improve health care quality, affordability, and member experience. Our members are our neighbors, our friends, and our families. It is this understanding that drives us to better serve and care for the 3.5 million people who place their trust in us. We pride ourselves on our best-in-class employees and strive to maintain an innovative and inclusive environment that allows them to thrive. When our employees bring their best and succeed, the Company succeeds.