Note: The job is a remote job and is open to candidates in USA. UnitedHealthcare is simplifying the health care experience, creating healthier communities, and removing barriers to quality care. The Senior Underwriting Consultant analyzes group life, disability, and supplemental health products, assesses risk, develops pricing and plan design options, and balances profitability with sales growth. The role also prepares financial models, evaluates renewals and proposals, conducts competitive analysis, and provides subject matter expertise to senior leadership.
Responsibilities
- Prepare financial modeling for reserve calculation, budget calculation, and other ongoing reviews that directly aligns with client strategies
- Risk evaluation skills of Life, LTD, STD and supplemental health products on a manual and experience rated basis
- Validate - Evaluate renewals and new business request for proposals for accuracy for all size groups
- Deliver competitive and consultative proposals and renewal analysis to obtain and persist the inforce block
- Conduct competitive analysis of all coverage lines and present financial and contractual findings
- Serves as a functional subject matter expert, providing trusted guidance and acting as a key resource to senior leadership
Skills
- 7+ years of experience in group insurance underwriting for any variety of products: Group Life, Long Term Disability (LTD), Short Term Disability (STD), and Supplemental Health for Voluntary and Employer Paid plan designs
- Large case underwriting experience incorporating experience in development of pricing
- Experience in coordinating in development of training and mentoring others
- Experience in industry and marketplace trends
- Intermediate level of proficiency with MS Office suite (including Word and Excel)
- Proven mastery of products including product and contract provisions, plan designs, pricing and various funding arrangements
- Demonstrated success collaborating with internal and external partners to develop appropriate case strategies
- Experience contributing to process improvements, automation, or standardization initiatives
- Proven ability to communicate underwriting rationale to business leaders, sales, and actuarial partners
- Proven involvement in underwriting guidelines development or governance
- Proven track record of influencing decisions in ambiguous or high-stakes situations
- All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy
Benefits
- A comprehensive benefits package
- Incentive and recognition programs
- Equity stock purchase
- 401k contribution
- Flexibility to work remotely from anywhere within the U.S.
- For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.
Company Overview
Company H1B Sponsorship