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Underwriting Senior Associate
Company | CVS Health |
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Location | Hartford, CT, USA |
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Salary | $18.5 – $38.82 |
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Type | Full-Time |
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Degrees | |
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Experience Level | Mid Level, Senior |
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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