SUMMARY

Provide underwriting, reporting, database management and technical consulting for all new and existing employee benefit accounts with 100 employees. Evaluate health plans, funding arrangements and financial models. Apply new techniques and methodologies to meet underwriting goals. Make data driven financially sound decisions based on benefit models and structures.

ESSENTIAL FUNCTIONS & RESPONSIBILITES

• Firm knowledge of underwriting principles and methodologies
• Attend monthly Benefit Meetings to report on underwriting and procedures
• Develop and maintain infrastructure needed to support the underwriting, reporting and database management
• Complete annual analytical client plan analysis
• Provide clients with underwriting reports regarding claims, premiums, trends and enrollment experience
• Analyze experience of accounts to ensure future plan costs and review prices for accuracy and fairness
• Negotiate renewal premiums as needed
• Develop customized pricing, valuation models and group specific programming for reporting purposes
• Assist on projects and sales presentations as required
• Ability to create financial models with little or limited direction
• Develop and maintain an in-depth level of product expertise
• Provide data driven analytical input that will aid in the corporate decision making process
• Develop and maintain strong relationships with carriers
• Work directly with carrier to negotiate renewal premiums
• Assist clients with renewal decisions and analysis.
• Organize and coordinate workflow among the Account Managers

QUALIFICATIONS

• Demonstrate skills of persuasion, and possesses good oral and written communication skills
• High degree of self discipline and motivation
• B.S. Degree in Economics, Finance, Mathematics or other business related field
• Technical education (CEBS, CLU, company courses) helpful and willingness to continue education essential
• Successful sales and management record either in insurance industry or other industry
• Above average mathematical skills/analytical ability and grasp of finance concepts and underwriting principles
• Strong computer skills, advanced knowledge of Excel, Access, Word, PowerPoint and Visual Basic Programming
• Willing and able to travel to attend agent's conventions and other industry meetings if so instructed