Group Underwriting Consultant Senior

Welcome to Elevance Health, where we are dedicated to providing innovative and comprehensive healthcare solutions. As a Group Underwriting Consultant Senior, you will play a vital role in our organization by utilizing your expertise in underwriting to ensure the success of our group insurance plans. We are seeking a highly skilled and experienced individual who is passionate about making a positive impact in the healthcare industry. If you are a driven and strategic thinker with a strong understanding of underwriting principles and a commitment to delivering exceptional results, we invite you to join our team.

1. Conduct thorough analysis of group insurance plans to determine appropriate pricing and risk assessment.
2. Collaborate with internal teams to develop and implement underwriting strategies that align with company goals and objectives.
3. Review and assess group insurance applications, renewals, and amendments to ensure accuracy and completeness.
4. Provide expert guidance and consultation to internal stakeholders on underwriting matters, including plan design, pricing, and risk management.
5. Develop and maintain strong relationships with external clients, brokers, and other partners to ensure clear communication and understanding of underwriting processes.
6. Stay up-to-date on industry trends, regulations, and best practices to continuously improve underwriting processes and strategies.
7. Identify and evaluate potential risks and opportunities within the group underwriting portfolio.
8. Utilize data analysis and modeling techniques to assess profitability and risk of group insurance plans.
9. Prepare and present reports on underwriting activity and performance to senior management.
10. Mentor and train junior underwriting staff to ensure consistent understanding and application of underwriting principles.
11. Communicate and negotiate with clients to address any concerns or issues related to underwriting.
12. Collaborate with sales and marketing teams to develop competitive and attractive group insurance proposals.
13. Maintain accurate and organized underwriting records and documentation.
14. Adhere to all regulatory requirements and company policies regarding underwriting practices.
15. Continuously seek opportunities for process improvement and efficiency within the underwriting department.

According to JobzMall, the average salary range for a Group Underwriting Consultant Senior in Indianapolis, IN, USA is between $85,000 and $120,000 per year. This may vary depending on factors such as the company, industry, experience, and education of the individual.

Elevance Health, Inc. is an American health insurance provider. The company's services include medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans through affiliated companies such as Anthem Blue Cross and Blue Shield, Empire BlueCross BlueShield in New York State, Anthem Blue Cross in California,Wellpoint, and Carelon.It is the largest for-profit managed health care company in the Blue Cross Blue Shield Association. As of 2022, the company had 46.8 million members within their affiliated companies' health plans. Prior to June 2022, Elevance Health was named Anthem, Inc.