What Is Your Impact?The Unassigned Group Underwriting team is the unit within Group Underwriting that exclusively supports the Mid-size Group and new business quotes and Renewal process. This position is responsible for groups up to 299 contracts with a high degree of complexity. The Specialist II Group Underwriting position is responsible for new business group underwriting for unassigned groups, alternate rates, pricing policy adjustments and exceptions to field rating which result in applying a rating factor. The position is also responsible for Renewal underwriting, including updated renewal calculation for unassigned business, alternate rates, funding, IRS form 5500 & annual accountings, and pricing policy adjustments.

What Are the Key Responsibilities:

*Financial Job Functions:

oAssess 51-299 Exception Requests for new business

oRisk assessment based on medical information

oEnsure groups meet Underwriting Guidelines

oPerform analysis of new groups previously enrolled

oAssess Pricing Policy Adjustment requests

oPrepare weekly underwriter's report

oPrepare monthly reports with detailed analysis

oAnalyze data to determine group renewal rates

oPrepare 5500's

oPrepare rate for Non-Standard and customer option requests

oPrepare monthly unassigned renewal Underwriter report

*Relationship Job Functions:

oCollaborate with Sales Reps to assist their understanding of rates

oResearch and resolve escalated rating issues

oInformal one-on-one training with Sales Representatives

*Projects and Workgroups:

oParticipation in formal and informal projects

*Self-Development Functions:

oAchieve self-development goals

Our Ideal Candidate:

Our ideal candidate will enjoy a fast-paced team environment with the ability to work under tight deadlines. They will need strong multi-tasking skills while being self-motivated and directed. Experience with claim analysis and projection, group health insurance products, pricing, financing, underwriting, and marketing strategies is key.

What is REQUIRED?

*2 years related work experience to include claim analysis and projection on the job experience as well as working experience with group health insurance products, pricing, financing, underwriting, and marketing strategies.

*Related bachelor's degree or additional related equivalent work experience

*Knowledge of state and federal statutes and regulations with an excellent understanding of contracts

*Understanding of underwriting philosophy, fundamentals, and principles with the ability to interpret and analyze medical and other underwriting data

*Process and technical proficiency of various underwriting systems that support the group underwriting and renewal processes. These systems include but are not limited to: Siebel, E-rate, Renewal Rating Tool, MBI, Milliman GRx, Alternate Tool, Demographic Tool and RBMS.

*Experience in the Microsoft Office Suite (i.e., Excel, Word, Power Point) and SharePoint

What Is Preferred?

*bachelor's degree Math, Insurance, Risk Management or Business

*Master's degree in a related field

What We Offer:
As a Florida Blue employee, you will thrive in our Be Well, Work Well, GuideWell culture where being well as an individual, and working well as a team, are both important in serving our members and communities.
To support your wellbeing, comprehensive benefits are offered. As an employee, you will have access to:

*Medical, dental, vision, life, and global travel health insurance

*Income protection benefits: life insurance, Short- and long-term disability programs

*Leave programs to support personal circumstances

*Retirement Savings Plan includes employer contribution and employer match

*Paid time off, volunteer time off, 10 holidays and two flexible Well-Being days

*Additional voluntary benefits available and a comprehensive wellness program

Employee benefits are designed to align with federal and state employment laws. Benefits may vary based on the state in which work is performed. Benefits for intern, part-time and seasonal employees may differ.
To support your financial wellbeing, we offer competitive pay as well as opportunities for incentive or commission compensation. We also conduct regular annual reviews with pay for performance considerations for base pay increases. ***Typical Annualized Hiring Range: $47,000 - $60,200***

Annualized Salary Range:$47,000 - $78,300Final pay will be determined with consideration of market competitiveness, internal equity, and the job-related knowledge, skills, training, and experience you bring.
We are an Equal Opportunity/Protected Veteran/Disabled Employer committed to creating a diverse, inclusive, and equitable culture for our employees and communities.