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Senior Underwriting Associate (Public and Labor)
at Aetna
Hartford, CT

Senior Underwriting Associate (Public and Labor)
at Aetna
Hartford, CT

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Description

Description: Performs underwriting analysis and risk assessment for new and/or renewal of large group contracts and accountings. Assigned cases/book of business include single product types, funding arrangements and/or rating methodologies and progresses to multiple types, arrangements and methodologies with experience and skill development. Fundamental Components: Prepares and delivers routine to moderately complex new business quotes and/or existing business renewals and/or accountings. Complexity of work increases as technical skills progress. Independently reviews work for accuracy. Works with mentor/manager to recommend pricing and/or accounting balance alternatives based on financial analysis, underwriting principals, and business strategy. Utilizes basic functionality of underwriting tools, systems, and reference materials to produce accurate quote, renewals and/or accountings. Applies underwriting guidelines and escalates underwriting exceptions/financial variances for their assigned cases to the appropriate level. With limited supervision, assists sales personnel in explaining rate/fee, accounting balance development and communicating underwriting policy Produces timely and accurate customer specific documents, deliverables and accounting related information. Conducts audits on premiums, fees and claim wires to ensure all receivables are accurate and accounted for. Tracks customer allowances or MBE/WBE goals using compliance guidelines. Assists department with projects or workgroups. May identify and support process improvement through automation or process change. Background Experience: Demonstrated ability to utilize analytical and independent thinking skills.Demonstrated success prioritizing work and the ability to multi-task in a fast-paced environment.Prepares and delivers routine to moderately complex new business quotes and/or existing business renewals and/or accountings. Complexity of work increases as technical skills progress.Experience working with standard Microsoft Office products.Experience providing clear and concise written and verbal communications.Demonstrated success in collaborating with others to meet/exceed expectations. Bachelor's degree or equivalent experience. Required Skills: Finance - Creating Profitable Customers, Finance - Delivering Profit and Performance, Finance - Managing Aetnas Risk Desired Skills: Sales - Delivering on the Promise, Sales - Knowing Customers, Sales - Knowing Markets Functional Skills: Underwriting - Alternate Funding arrangements, Underwriting - Financial arrangements, Underwriting - Pricing methodologies (manual, experience, blended, alternate, etc.), Underwriting - Renewal - group medical Technology Experience: Desktop Tool - Microsoft Outlook, Desktop Tool - Microsoft Word, Desktop Tool - TE Microsoft Excel Percent of Travel Required: 0 - 10% EEO Statement: Aetna is an Equal Opportunity, Affirmative Action Employer Benefit Eligibility: Benefit eligibility may vary by position. Click here to review the benefits associated with this position. Candidate Privacy Information: Aetna takes our candidate's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests

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