Lead Group Underwriter in Windsor, CT at Voya

Date Posted: 2/12/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Windsor, CT
  • Job Type:
    Other
  • Experience:
    Not Specified
  • Date Posted:
    2/12/2018

Job Description

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Profile Summary

Underwrite Medical Stop Loss business across all size segments and deductibles.This position will underwrite Medical Stop Loss business across all size segments and deductibles.  The individual will be assigned to a sales office and will partner with the Sales Reps in that office to manage proposals, renewals and amendments.  In addition, this position will have accountability for the financial results of the office for Stop Loss.


Profile Description

The Stop Loss Underwriting team utilizes Continuous Improvement and they huddle daily to share information and manage workloads.  The team also uses Root Cause Problem Solving to make process improvements and each team member participates to ensure solutions are representative of the process.  Best practices and Standard Work have been developed and are being updated and refined as appropriate.

  • Provide guidance and work direction to lower level group underwriters.  Provide input to performance reviews.
  • Evaluate risk for the most complex group insurance products.  Analyze data such as financial condition of the client company, characteristics of employee groups, participation percentage, type of industry, or past claim experience to determine benefits and rates.  Ensure proper pricing and appropriate funding methods.  Coordinate underwriting activities on proposals, new cases, renewals, and amendments.  Ensure that the company can administer the client’s proposed benefit plan design and funding method. Develop and maintain relationships with field personnel and clients by answering general questions and obtaining information on which to base decisions.  Document and communicate decisions to necessary areas in the division. Review cases exceeding underwriter’s review level.
  • Contribute to total division profitability by analyzing/assessing client profitability through experience and expense analysis and attention to product line performance.
  • Participate in product development and enhancements.  Represent underwriting/service team perspective based on personal knowledge and experience.  Participate in regional marketing rollouts.
  • Other duties as assigned.

Knowledge and Experience

Evaluate risk for the most complex group insurance products.  Analyze data such as financial condition of the client company, characteristics of employee groups, participation percentage, type of industry, or past claim experience to determine benefits and rates.  Ensure proper pricing and appropriate funding methods.  Coordinate underwriting activities on proposals, new cases, renewals, and amendments.  Ensure that the company can administer the client’s proposed benefit plan design and funding method. Develop and maintain relationships with field personnel and clients by answering general questions and obtaining information on which to base decisions.  Document and communicate decisions to necessary areas in the division. Review cases exceeding underwriter’s review level.



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Critical Skills
At Voya, we have identified the following critical skills which are key to success in our culture: 

  • Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
  • Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
  • Team Mentality: Partnering effectively to drive our culture and execute on our common goals. 
  • Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions. 
  • Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Learn more about Critical Skills.