[Hiring] Senior Underwriter @Renaissance Life & Health Insurance Company of America

Role Description

The Sr. Underwriter is a senior individual contributor responsible for supporting the profitable growth, retention, and financial performance of the Enterprise through the evaluation, analysis, and pricing of new and renewal business across dental, vision, life, and disability product lines. The position leads the underwriting lifecycle for complex cases, including:

• New business proposals
• Renewals
• Alternative funding arrangements
• Benefit plan design changes
• Rate negotiations
• Financial forecasting

In addition to individual case management, the Sr. Underwriter plays a key role in:

• Process improvement initiatives
• Underwriting strategy development
• Mentoring and supporting less experienced underwriting team members

The ideal candidate brings:

• Advanced analytical and problem-solving capabilities
• Strong business and financial acumen
• The ability to communicate complex underwriting concepts to both technical and non-technical audiences

Success in this role requires:

• Sound judgment
• Attention to detail
• Strong stakeholder management skills
• The ability to influence decisions in a fast-paced, customer-focused environment

Key responsibilities include:

• Evaluating risk and developing, reviewing, and approving rates consistent with approved rating formulas and methodologies
• Researching, reviewing, and recommending improvements and enhancements to the design of rating applications
• Responding to Sales & Account Management requests and managing assignments to ensure that new sales, retention, and profitability expectations are met
• Assisting other underwriters in managing their assignments
• Developing and approving new business rates, proposals, and contracts for assigned book of business
• Creating and developing rating and underwriting reports and documents to support and assist Sales & Account Management
• Providing technical guidance in rating methodology, benefit plan design, contract language, bid responses, and other underwriting issues to sales staff
• Providing underwriting technical guidance and sales support for agents, brokers, consultants, and groups
• Developing presentations and attending meetings
• Providing training and mentoring to other underwriting staff
• Assisting with complex issues as a Subject Matter Expert (SME) for the team
• Developing, coordinating, implementing, and leading underwriting programs and projects
• Researching, negotiating, and resolving underwriting issues for complex groups, purchasing coalitions, and association business opportunities
• Auditing and reviewing other underwriters’ work for quality and effectiveness and meeting department goals
• Assisting in providing training for sales and account management staff

Qualifications

• Bachelor’s degree in mathematics or a related field such as business or finance
• Five years or more of experience underwriting groups up to 999 lives
• Prior experience underwriting dental, vision, life, and/or disability lines preferred
• Advanced level skills with word processing and spreadsheet applications
• Advanced analytical skills
• Attention to details
• Ability to apply mathematical and algebraic theory and formulas
• Ability to communicate results both orally and in writing
• Ability to resolve problems and use independent judgment

Requirements

• Advanced proficiency in underwriting dental, vision, life, and disability insurance products
• Strong analytical and financial modeling skills, including advanced Excel capabilities
• Experience with underwriting and rating systems, including CRM platforms
• Knowledge of group insurance pricing methodologies, renewal strategy, and risk assessment
• Understanding of state and federal regulations impacting ancillary benefits
• Ability to interpret claims and utilization data to make sound underwriting decisions
• Excellent communication, negotiation, and stakeholder management skills
• Experience mentoring team members and contributing to underwriting strategy and process improvement

Benefits

• Base Salary Range: $80,000-$100,000