Senior Underwriting Associate

Job description

Job Description

* Performs underwriting analysis and risk assessment for new and/or renewal of large group contracts and accountings.
* Assigned cases/book of business include single product types, funding arrangements and/or rating methodologies and progresses to multiple types, arrangements and methodologies with experience and skill development.
* Prepares and delivers routine to moderately complex new business quotes and/or existing business renewals and/or accountings.
* Complexity of work increases as technical skills progress. Independently reviews work for accuracy.
* Works with mentor/manager to recommend pricing and/or accounting balance alternatives based on financial analysis, underwriting principals, and business strategy.
* Utilizes basic functionality of underwriting tools, systems, and reference materials to produce accurate quote, renewals and/or accountings.
* Applies underwriting guidelines and escalates underwriting exceptions/financial variances for their assigned cases to the appropriate level.
* With limited supervision, assists sales personnel in explaining rate/fee, accounting balance development and communicating underwriting policy.
* Produces timely and accurate customer specific documents, deliverables and accounting related information.
* Conducts audits on premiums, fees and claim wires to ensure all receivables are accurate and accounted for.
* Tracks customer allowances or MBE/WBE goals using compliance guidelines.
* Assists department with projects or workgroups.
* May identify and support process improvement through automation or process change.

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Required Qualifications

* Demonstrated ability to utilize analytical and independent thinking skills.
* Demonstrated success prioritizing work and the ability to multi-task in a fast-paced environment.
* Prepares and delivers routine to moderately complex new business quotes and/or existing business renewals and/or accountings.
* Experience working with standard Microsoft Office products.
* Experience providing clear and concise written and verbal communications.
* Demonstrated success in collaborating with others to meet/exceed expectations.

COVID Requirements

COVID-19 Vaccination Requirement

CVS Health requires its Colleagues in certain positions to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, pregnancy, or religious belief that prevents them from being vaccinated.

* If you are vaccinated, you are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status within the first 30 days of your employment. For the two COVID-19 shot regimen, you will be required to provide proof of your second COVID-19 shot within the first 60 days of your employment. Failure to provide timely proof of your COVID-19 vaccination status will result in the termination of your employment with CVS Health.
* If you are unable to be fully vaccinated due to disability, medical condition, pregnancy, or religious belief, you will be required to apply for a reasonable accommodation within the first 30 days of your employment in order to remain employed with CVS Health. As a part of this process, you will be required to provide information or documentation about the reason you cannot be vaccinated. If your request for an accommodation is not approved, then your employment may be terminated.

Preferred Qualifications

* See Required Qualifications above.

Education

Bachelor's degree or equivalent experience.

Business Overview

At Aetna, a CVS Health company, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.

We are committed to maintaining a diverse and inclusive workplace. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, gender, gender identity, age, disability or protected veteran status. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.