Underwriter – Hybrid in Minnetonka, MN

At UnitedHealthcare, we’re simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and equitable. Ready to make a difference? Join us to start Caring. Connecting. Growing together. 

The Underwriter will develop comparative benefit packages, review claim experience, and apply underwriting guidelines to prepare renewal and/or prospect rates. This individual will support Marketing in completing group experience retention illustrations and address questions on request for proposals. The underwriter will analyze health benefit plan characteristics and assess risks around loss of clients. They will also utilize underwriting criteria and policies to provide proper rating methodologies. This individual will provide technical subject matter expertise to the sales staff and district offices on new health care proposals.

The Underwriter will use established underwriting criteria and rating methodologies to analyze risk and financial data in order to appropriately price new and renewing group health insurance policies. The Underwriter will follow all applicable key accounts group regulations and work in support of UnitedHealthcare’s business goals. The Underwriter will collaborate with the local sales team to develop talking points and sales strategies to be used with the customer and broker. Rate negotiation and benefit plan options will also be discussed and modified to optimize retention, growth and profit. This individual will build and maintain models to assist in the review and forecast of market financials and growth. A key accounts underwriter will have many opportunities to be involved in data analysis and reporting projects. The Underwriter will be instrumental in managing and attaining market specific financial goals.

If you are located in Minnetonka, MN, you will have the flexibility to Work from home and the office in this hybrid role* as you take on some tough challenges.

Primary Responsibilities: 

• Develop rates and apply them across the book of business to meet financial results
• Manage the health plan renewal process for the small business segment
• Discuss case specific strategy with the health plan
• Process requests for renewal reviews or appeals
• Provide new business pricing
• Complete ad-hoc projects and reporting
• Provide explanation and interpretations within area of expertise

You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in. 

Required Qualifications: 

• Proven intermediate level of proficiency with MS Office suite (including Word, Excel and PowerPoint)

Preferred Qualifications:  

• Bachelor’s Degree in Math, Finance, Business or related degree
• Excellent communication skills, both orally and in writing
• Experience in underwriting 

*All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission.

Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

UnitedHealth Group is a drug – free workplace. Candidates are required to pass a drug test before beginning employment.

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