Department Risk Management
Category Underwriting
City Oklahoma City
State OK
Travel
Involved
0-10%
Type of
Position
Full-Time

An, Group Underwriter II

AFA / Worksite

Description:

*Accountable for profitability, selection and retention of group products within employer groups in an assigned area or market through the development and execution of a business plan following divisional goals, which result in profitable, controlled growth.

*Prepare renewal recommendations by monitoring, evaluating and reporting changes in account exposure throughout the year and implementing needed adjustments to current rate, plan and policy provisions utilizing account rating formulas including utilization trend analyses, strategies and methods for minimizing adverse selection and a creative pricing approach.

*Prepare prospect proposal to ensure the profitable acquisition of new cases including accurate and timely calculation of account rates through the evaluation of group demographics, industry, experience, expenses, adverse selection, trend factors and profit.  Initiate, negotiate and communicate proposal recommendations, new policy implementation and renewal adjustments to internal and external Customers through personal contact, email and letters while maintaining cooperative relationships at all levels.

Requirements:

  • Proficiency with PC Windows-based software, including Microsoft Office applications
  • Proficient knowledge of risk principals associated with group insurance preferred
  • Proficient knowledge of insurance contracts and compliance issues
  • Excellent oral and written communication skills
  • Excellent analytical skills
  • Good organizational skills and ability to handle multiple priorities
  • Leadership skills
  • Ability to work independently and address issues through own initiative with minimal assistance from team leaders or manager