What are the responsibilities and job description for the Travel Underwriter position at International Medical Group?
As one of the world's top International Medical Insurance companies, IMG helps individuals and companies of all sizes. Every second of every day, vacationers, those working or living abroad for short or extended periods, people traveling frequently between countries, and those who maintain multiple countries of residence use our products to give themselves global peace of mind
We are looking to grow our teams with people who share our energy and enthusiasm for creating the best experience for travelers.
JOB SUMMARY
The Travel Underwriter is responsible for the review and analysis of risk presented on individual and group travel product platforms. This position involves the use of various pricing models and analysis techniques. This position will work closely with members of the sales team, account services team, product team and legal team, as well as be responsible for maintaining producer and carrier relationships outside of the organization.
JOB DETAILS
- Location: Flexible work options: Indianapolis, IN (in office), Hybrid, or Remote
- Relocation Expenses Reimbursed: No
- Qualified candidates must be legally authorized to be employed in the United States. IMG will not be providing sponsorship for employment visa status (e.g., H-1B or TN status) for this position.
PERKS
- Comprehensive benefits package including Medical/RX/Dental/Vision Insurance
- 401k Plan with company match
- Paid Time Off and Company Holidays
- Free employee parking
- On site fitness center
- Casual dress environment
- Tuition reimbursement plan
DUTIES AND RESPONSIBILITIES
- Review new business RFP’s and determine appropriate pricing
- Evaluate product renewals and make pricing recommendations
- Review policy change requests and perform plan change calculations
- Assist in product development process and implementation of new products
- Complete financial exhibits and develop performance reports when requested
- Work directly with risk carrier and pricing actuaries
- Work within authority limits and underwriting guidelines
- Use the appropriate pricing tools and experience rating templates in preparing the pricing for both new and renewal business
QUALIFICATIONS
- Minimum of 5 years’ experience related to US admitted travel product underwriting in an insurance environment
- Comprehensive understanding of the travel insurance industry and regulatory requirements
- Understanding of the financial fundamentals used in risk analysis, including loss trends and historical experience forecasting methodologies
- High attention to detail and commitment to accuracy
- Excellent written and verbal communication skills
- Ability to establish priorities and manage multiple projects simultaneously
- Ability to work autonomously and take initiative in a fast-paced environment
- Requires strong mathematical and analytical skills
- Advanced MS Office skills, especially in using Excel, Word, PowerBI and PowerPoint
PREFERRED SKILLS
- BA/BS in Insurance or related field
- Strong knowledge of travel industry structure and dynamics
IMG is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, national origin, religion, gender, gender identity or expression, sexual orientation, genetic information, disability, age, veteran status, and other protected statuses as required by applicable law.