Group Underwriter jobs in Oregon
Group Underwriter reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Being an Group Underwriter calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. Additionally, Group Underwriter may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Group Underwriter work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Group Underwriter typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Group Underwriter jobs
Underwriter I
- Kaiser Permanente
-
Portland, OR
OTHER
-
Job Summary:
Evaluates standard data to understand premium, claim, exposure, and population. Works with team to identify actionable data insights and irregularities. Learns to use and document models, tools, and assumptions that support business strategy analysis and risk management. Supports the implementation of quality and process improvement efforts. Learns to work in support of department initiatives, program, and enterprise goals. With guidance, assesses risk of accounts. Develops basic knowledge of the external business environment. With guidance, presents renewal recommendations to clients/organization. Based on guidance, collaborates internally to develop case/investment strategies. Assists in developing rates and account plans that mitigate risk. Reviewing information to support rate negotiations. Under supervision, ensures external understanding of underwriting approach. Helps address data needs and requests. Learns to build relationships with customers and channel partners. Under significant guidance, works with internal partners to bring financial solutions to customers. Learns to provide and leverage self/peer review of own work. Maintains compliance with relevant policies, guidelines, and procedures.
Essential Responsibilities:- Pursues effective relationships with others by sharing information with coworkers and members. Listens to and addresses performance feedback. Pursues self-development; acknowledges strengths and weaknesses, and takes action. Adapts to and learns from change, challenges, and feedback. Responds to the needs of others to support a business outcome.
- Completes routine work assignments by following procedures and policies and using data, and resources with oversight and management. Collaborates with others to address business problems; escalates issues or risks as appropriate; communicates progress and information. Adheres to established priorities, deadlines, and expectations. Identifies and speaks up for improvement opportunities.
- Supports the analysis and reporting of data by: evaluating standard data to understand premium, claim, exposure, and inform understanding of population risk, with guidance from the team; developing a basic understanding of how to evaluate credibility, utilization, and risk based on population size and prior predictive behavior of the pool/account; working with team to identify actionable insights and potential data irregularities based on guidance; learning to use models (e.g., rate models and benefit pricing tools) and data analytics tools that support the analysis of business strategy and financial/underwriting risk management; and consistently documenting models, tools, assumptions, and data elements for increasingly complex accounts, as required.
- Completes case and underwriting work by: processing account activities (e.g., running reports, re-quotes, investments, sold rates) for customers and/or book of business under close supervision; in collaboration with internal departments, following established methodologies and protocols, with guidance, to develop rates that appropriately mitigate risk for the organization and optimize sustainable membership growth; assisting with the execution of an account plan that addresses threats and opportunities to ensure attainment of goals in collaboration with Sales and Account Management; gathering and reviewing information to support rate negotiations; and developing knowledge of how Underwriting plays a part in the co-creation of effective internal and external consultative solutions (e.g., case strategy, investment strategy, benefits strategy) with appropriate internal and external partners.
- Contributes to case review and preparation by: conducting account risk assessment using competitive analyses, broker behavior, network cost profiles, legislative and regulatory impacts, revenue requirements, and contributions, with some guidance, especially when working on complex cases; utilizing data and standardized tools to present underwriting and renewal actions and recommendations (e.g., rate drivers, potential risk, glide path, membership impact, projections for future) to clients and/or the organization, with some guidance; developing a basic knowledge of the external business environment and how it applies to the line of business and/or region; and collaborating with Sales and Account Management to develop case/investment strategies and recommendations with appropriate documentation with guidance.
- Supports team engagement with the external market by: under supervision, beginning to interact with external market to ensure understanding of the underwriting approach (e.g., rating methodology, rate drivers, reporting capabilities, and uniqueness from fee for service carriers); helping address data needs and requests reactively and proactively, as they arise; learning to build relationships with customers and channel partners that enable them to understand KPs value; and, with significant guidance, collaborating with account management and sales partners to bring strategic, financial solutions to customers, communicate product capabilities, explain funding arrangements, and negotiate conditions of offering and pricing within the limits of their authority.
- Contributes to goals, initiatives, and program development efforts by: supporting the implementation of innovative new quality and process improvement efforts with detailed instructions; and learning to execute their work in support of department initiatives, program goals, and enterprise goals.
- Ensures compliance of Underwriting work by: learning to ensure accuracy and appropriateness of work from peer reviews of own work and beginning to provide review of work; appropriately obtaining and documenting case approvals and any policy exceptions and investments; and maintaining awareness of and compliance with all relevant policies, guidelines, and procedures, applying them to their own work.
- 2 Days Ago
Junior Underwriter
- Business Impact NW
-
, OR
FULL_TIME
- About Us: Business Impact NW is one of the leading non-profit community development financial and business assistance organizations in the Pacific Northwest. Our work supports the economic development...
- 9 Days Ago
Junior Underwriter
- Business Impact NW
-
, OR
FULL_TIME
- About Us: Business Impact NW is one of the leading non-profit community development financial and business assistance organizations in the Pacific Northwest. Our work supports the economic development...
- 9 Days Ago
Collateral Underwriter
- onpoint
-
Portland, OR
FULL_TIME
- Overview You’re a person who thrives in a collaborative environment where the goal of delivering superior service is at the heart of everything we do. Complexity and creating solutions drive you to do...
- 16 Days Ago
Senior Underwriter
- Kaiser Permanente
-
Portland, OR
OTHER
- Job Summary: Evaluates standard and nonstandard data to understand premium, claim, exposure, and population. Independently identifies and escalates actionable data insights/irregularities, researching...
- 22 Days Ago
Production Underwriter - Pacific Northwest (Remote)
- Selective Insurance
-
Portland, OR
FULL_TIME
- DescriptionAt Selective, we don't just insure uniquely, we employ uniqueness. Our Business Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consi...
- 2 Months Ago
Group Underwriter jobs at Popular Companies
Underwriting Trainee
- Tokio Marine HCC
-
Plano, TX
- Description Position at Tokio Marine HCC Tokio Marine HCC - Surety Group Underwriting Trainee, Plano, TX Do you have a g...
- 5/6/2024 12:00:00 AM
Underwriting Trainee
- Tokio Marine HCC
-
Lone Tree, CO
- Description Position at Tokio Marine HCC Tokio Marine HCC - Surety Group Underwriting Trainee, Lone Tree, CO Do you have...
- 5/6/2024 12:00:00 AM
Group Underwriting Operations Analyst
- Medical Mutual
-
Brooklyn, OH
- This position has the option to work hybrid or remote. Note, requires a minimum of (1) day per month in-office in Brookl...
- 5/5/2024 12:00:00 AM
Dental Group Underwriter II - Remote in Pacific Time Hours
- USAble Life
-
Portland, OR
- When it comes to making a meaningful difference in the lives of our customers and employees, USAble Life is always ready...
- 5/5/2024 12:00:00 AM
Underwriting Trainee
- Tokio Marine HCC
-
Los Angeles, CA
- Description Position at Tokio Marine HCC Tokio Marine HCC - Surety Group Underwriting Trainee Do you have a good underst...
- 5/4/2024 12:00:00 AM
Associate Vice President
- MidCap Financial
-
Chicago, IL
- Job Title: Associate /AVP (Healthcare Leveraged Lending Team) Reports To: Director Position Type: Full Time Job Location...
- 5/4/2024 12:00:00 AM
Casualty Treaty Reinsurance Underwriter
- Axis
-
New York, NY
- This is your opportunity to join AXIS Capital a trusted global provider of specialty lines insurance and reinsurance. We...
- 5/4/2024 12:00:00 AM
Product Strategy Analyst I
- American Fidelity
-
- DESCRIPTION: Product and Process Management: Identify and support Sales’ needs, identifies business requirements, assist...
- 5/3/2024 12:00:00 AM
About Oregon
Oregon (/ˈɒrɪɡən/ (listen) ORR-ih-gən) is a state in the Pacific Northwest region on the West Coast of the United States. The Columbia River delineates much of Oregon's northern boundary with Washington, while the Snake River delineates much of its eastern boundary with Idaho. The parallel 42° north delineates the southern boundary with California and Nevada. Oregon is one of only four states of the continental United States to have a coastline on the Pacific Ocean.
Oregon was inhabited by many indigenous tribes before Western traders, explorers, and settlers arrived. An autonomous government ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Group Underwriter jobs
$57,228 to $74,120
Most Popular Cities in Oregon for Group Underwriter Jobs
What does a Group Underwriter do?
Group Underwriter in Lincoln, NE
The underwriter accepts all the risk and uses past claims along with demographics, trend factors and inflation factors to estimate future claims and arrive at a premium.
January 02, 2020
Group Underwriter in Tucson, AZ
We do, however, offer opportunities to get connected, and be mentored through our various ARGs (Associate Resource Groups).
December 30, 2019
Group Underwriter in Lubbock, TX
Responsible for determining acceptability of insurance risks and appropriate premium rates for renewal and prospect employer groups in accordance with corporate underwriting guidelines and authority limits.
February 05, 2020