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Medical Underwriter
Location:
Saint George, UT
Description:
Located in sunny Southern Utah, Planstin is quickly becoming a leader in administering benefits and providing related business services. As health insurance continues to become more complex and costly, Planstin has made a significant impact in the healthcare industry by keeping costs low and providing exceptional service to employers and individuals alike. HR Manage Magazine named Planstin administration the Top Benefits Administration Company for 2022. It is no wonder Planstin is a such a fast-growing company as many are turning to Planstin for our unique solutions. If you are looking for amazing opportunities and have a desire to grow your career, Planstin may be the place for you. We have remarkable employees, offer a generous benefits package, and foster a culture of development, innovation and integrity. Overview: The Medical Underwriter will earn a competitive salary of $55,000-$70,000 depending on experience plus quarterly performance based bonuses. They will be responsible for risk assessment and decision-making on new business and renewal opportunities for groups seeking medical coverage through the internal sales team as well as external sales via agencies. This individual will work closely with the Sales Operations team to sell new business and maintain existing business, keeping the Company's financial objectives in mind. The underwriter will also support the compliance team as needed. Key duties and responsibilities... Evaluates risk and underwrites Small Group / Self Funded Medical products under the pricing and underwriting guidelines established by Planstin Administration. Analyses data, evaluates risk, applies relevant experience, and considers use of manual rates using our 3rd party rating manual and underwriting systems. Develop premium rates and policy / terms to offer in response to request for quote. Negotiate and interact with distributors, clients and potential clients with respect to premium rates and terms. Contributes to Planstin Administrations profitability by analyzing and assessing client profitability through experience and expense analysis and attention to assigned account performance. Respond to request for quotes within the time-frames requested or work with distributor on a revised deadline. Review disclosure submissions, and provide a final binding quote to the client. When an account is sold, this position is responsible for notifying the appropriate Group Health team members and providing the final proposal to the Plan Administrator and client / distributor. Participate in development of workflow processes. Participate in ongoing strategic planning and analysis of market trends and new product features. Participate in product development of innovative new products and features, adding value to the market. Adhere to pricing expense and profit targets as defined by the actuarial team. Support Compliance or Plan Administration as needed. May perform other duties as required. Experience Desired Strong knowledge of Small Group / Self Funded Medical products. Excellent oral and written communication skills. Proficient with Microsoft Excel and Word. Bachelor's degree in business, management, finance or related area or equivalent work experience. 2+ years underwriting experience in Group Employee Benefits. Basic negotiation and persuasion skills when working to present quotes or resolve issues. Demonstrated ability to build and maintain relationships both external and internal. Ability to adapt to change routinely and support the goals of the underwriting unit and the company through teamwork and additional hours as required. Job Posted by ApplicantPro
Company:
Planstin
Posted:
January 25 on ApplicantList
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More About this Listing: Medical Underwriter
Medical Underwriter is a Insurance Jobs Underwriter Job at Planstin located in Saint George UT. Find other listings like Medical Underwriter by searching Oodle for Insurance Jobs Underwriter Jobs.
Medical Underwriter is a Insurance Jobs Underwriter Job at Planstin located in Saint George UT. Find other listings like Medical Underwriter by searching Oodle for Insurance Jobs Underwriter Jobs.