Underwriting Contractor

Underwriting Contractor

  Not Disclosed

  Downers Grove, IL

  4.5 Months

  Not Disclosed

  Not Disclosed

  Insurance

Job Description

Onsite Hybrid in Downers Grove or Richardson Texas.

Description:

• This position is responsible for preparing, rating, and issuing proposal quotes based on predefined guidelines. It is structured to handle high volume, task-specific quoting functions in a fast-paced environment that support the Small Group underwriting operations.

Job Responsibilities:

• Learn and apply standard underwriting principles and procedures to evaluate risk.
• Utilize systems necessary to retrieve and analyze data
• Quote and rate proposals within established authority guidelines, and within the specified department service level timelines.
• Make sound underwriting decisions within established authority guidelines
• Communicate and interact effectively and professionally with coworkers, management, Sales and Marketing, and other internal department staff
• Research and organize data to present to higher level underwriters when outside established authority guidelines
• Keep informed of all changes made to Corporate Systems, Underwriting Applications, databases, report systems and rating applications.

Required Job Qualifications:

• Associate’s degree or two years’ experience in Group health insurance functions, underwriting support, or systems and programming.
• Proficiency in Microsoft Office Suite with an emphasis on Excel and Outlook.
• Math skills including the four basic math operations (addition, subtraction, division & multiplication) and ability to estimate for mathematical reasonableness.
• Ability to gather, organize, input, analyze and interpret data from a variety of sources.
• Interpersonal skills to establish, maintain and cultivate business relationships.
• Demonstrates strong work management skills, including efficient prioritization, effective multitasking, and disciplined time allocation to ensure timely completion of projects and commitments.
• Demonstrate verbal and written communication skills to include correct grammar, word choice, precision, conciseness, structure, audience appropriate tone and language.
• Demonstrate resilience, flexibility, and adaptability as circumstances and desk-level tasks and expectations evolve.
• Maintains professional and calm demeanor, demonstrating patience and collaboration, even in high pressure situations.
• Strong attention to detail, quality, and accuracy, with the ability to retain and apply knowledge to future casework.
• Comfort with computer technology, specifically web-based systems. Additionally, the ability to effectively follow and apply established workflows, standard techniques and procedures.

Preferred Job Qualifications:

• Bachelor’s Degree
• Knowledge of health care products and covered eligibility.
• Knowledge of state and federal legislation governing underwriting practices.

Notes:

Onsite/Hybrid