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Underwriting Senior Associate

Underwriting Senior Associate

CompanyCVS Health
LocationHartford, CT, USA
Salary$18.5 – $38.82
TypeFull-Time
Degrees
Experience LevelMid Level, Senior

Requirements

  • Basic understanding and application of underwriting tools and processes
  • Basic understanding of financial concepts
  • 1-6 years Knowledge of insurance, rating and underwriting concepts a plus
  • Demonstrated analytical and independent thinking skills
  • Ability to use standard corporate software packages and corporate applications

Responsibilities

  • Prepare and deliver routine new business quotes and/or existing business renewals and/or accountings
  • Review work with mentor/manager and respond to requests for pricing and/or accounting balance alternatives based on financial analysis, underwriting principals and business strategy
  • Utilize basic functionality of underwriting tools, systems, and reference materials to produce accurate quotes, renewals and/or accountings
  • Escalate underwriting exceptions/financial variances for their assigned cases to the appropriate level
  • With supervision, assists sale personnel in explaining rate/fee, accounting balance development and communicating underwriting policy
  • Produce timely and accurate customer specific documents, deliverables and accounting related information
  • May assist department with projects or participate in work groups
  • Working knowledge of problem solving and decision making skills

Preferred Qualifications

  • Strong attention to detail
  • Must be able to communicate effectively
  • Finance experience
  • Pricing knowledge