Special Risk Underwriter/Senior - Omaha, NE or Remote

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Posted 5 days ago United States Salary undisclosed
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Job Description

Under supervision, underwrites small to medium-sized cases for new and renewal business, add-ons to existing clients, contract revisions, and other policyowner service work within established approval limits that involve an intermediate level of complexity, risk and financial impact. Creates proposal for this business as well as updates data in the appropriate systems. Completes bind processes once received.

Underwrites new business cases (10-1000 lives) in accordance with company's risk tolerance levels. Evaluates renewal business and other rate and risk bearing analysis for existing clients within established approval limits. Works all product lines within Special Risks portfolio including, but not limited to: Intercollegiate Sports (ICS), K-12, Catastrophic, Custom, Motorsports, Rodeo, Gymnastics, Jockeys, Mandatory Student Accident (MSA's) and Girl Scouts.

WHAT YOU'LL DO:

  • Analyzes data related to the risk being underwritten for 10-1000 lives in order to determine what benefits, if any, can be offered and at what rates in order to mitigate financial risk to the company.
  • Communicates with policy owners, applicants, brokers, agencies, and/or other sources concerning underwriting decisions and procedures.
  • Assures that work is monitored for quantity and quality, and that work improvements in performance and productivity are identified and implemented on a continuous basis.
  • Assists in assuring that objectives, standards, policies, and business plans for the underwriting department are established, implemented, reported and monitored.
  • Provides for technical assistance and training as necessary.
  • Underwrites all cases sizes from 10-500 lives.
  • Conducts research in order to secure additional data needed to make determinations on benefits and rates.
  • Set ups and adjust plan designs in the manual rating system.
  • Works all product lines within the special risk portfolio including, but not limited to products listed above.
  • Assists in completing questionnaires for large case RFP's and partners with law and compliance to complete
  • Communicates with salesforce, brokers, and/or other sources concerning underwriting decisions and procedures
  • Evaluates renewal business and other rate and risk bearing analysis for inforce groups.
  • Maintains current knowledge of underwriting guidelines, pricing guidelines and product knowledge.
  • Consistently meets or exceeds quality of work and time service expectations.
  • Reviews industry publications and stays abreast of Federal, State, and business regulations governing group insurance products. Participates, and may lead, the training and mentoring of new or experienced underwriters.

ABOUT YOU:

  • You help promote a culture of diversity and inclusion within the department and the larger organization. You value different ideas and opinions. You listen courageously and remain curious in all that you do.
  • You are able to work remotely and have access to high-speed internet.
  • Underwriting knowledge and expertise.
  • Ability to make decisions and justify the decisions with sound and logical reasoning.
  • Attention to detail.
  • Creative problem-solving skills.
  • Strong mathematical aptitude.
  • Strong relationship building with internal and external business partners.
  • Ability to rely on experience and judgement to plan and accomplish goals.
  • Financial aptitude for understanding pricing strategies and their potential impact on financial results.
  • Confidential and Proprietary
  • Proficient computer skills using various software packages including word-processing, spreadsheet, and electronic mail.
  • Knowledge and experience with group life, disability and dental product lines.
  • Strong business acumen and industry knowledge.
  • Understanding of the laws, rules and regulations which impact employee benefits.
  • Action oriented and customer focused.
  • Strong ability to maintain composure, negotiate and resolve conflicts.
  • Ability to make quality decisions and justify the decisions with sound and logical reasoning as well as high attention to detail.
  • Strong analytical and creative problem-solving skills.
  • Strong mathematical aptitude financial aptitude for understanding pricing strategies and their potential impact on financial results.
  • Familiarity with a variety of Underwriting concepts, practices, and procedures and the ability to creatively apply them.
  • Strong relationship building with internal and external business partners.
  • Ability to effectively communicate verbally and in writing.
  • Strong organizational, time management and prioritization skills.
  • Commitment to active self-development and proactive technical learning.
  • Proficient computer skills using various software packages including word-processing, spreadsheet, and electronic mail.
  • Ability to work in a fast-paced, high volume environment

VALUABLE EXPERIENCE:

  • Knowledge and experience with Excel, Sales Database, and JIRA systems.
  • Previous special risk underwriting skills and experience.
  • Bachelor's degree in business, finance, economics, mathematics, and/or related field; or equivalent experience in insurance industry.

WHAT WE CAN OFFER YOU:

  • A diverse workplace where associates feel a sense of belonging.
  • An organization that feels like a small, close-knit community and has the strength of a Fortune 500 company.
  • Tuition reimbursement, training and career development.
  • Comprehensive benefits plan that includes medical, dental, vision, disability and life insurance.
  • Flexible spending accounts for healthcare and childcare needs.
  • 401(k) plan with a 2% company contribution and 6% company match.
  • Competitive pay with an opportunity for incentives for all associates.
  • Flexible work schedules with a healthy amount of paid time off.
  • For more information regarding available benefits, please visit our Career Site.
  • Pay range 44,465-87,715
  • Pay commensurate with experience.

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MUTUAL OF OMAHA:

Mutual of Omaha serves more than 4.8 million individual product customers and 39,000 employer groups. Our legacy of stability creates an environment where every associate is encouraged to experiment, innovate and grow in their own unique career path.

From day one, youll have the tools to be your best self at work. Here youll do meaningful work and your talents will have a positive impact on peoples lives as we help our customers protect what they care about and achieve their financial goals.

Each associate is a unique contributor to creating a diverse, dynamic, thriving and inclusive workplace. We want you to become engaged … feel a sense of belonging … and contribute to the companys exceptional future.

Join forces with a company that can AMPLIFY YOUR STRENGTHS AND EMPOWER YOUR CAREER.

For inquiries about the position or application process, contact our HR Helpline at 1-.

If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at 1-. We are available Monday through Friday 7 am to 4:30 pm CST we will reply within 24 hours.

Mutual of Omaha and its affiliates are an Equal Opportunity /Affirmative Action Employer. Qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

To All Recruitment Agencies: We do not accept unsolicited agency resumes and we are not responsible for any fees related to unsolicited resumes.