Note: The job is a remote job and is open to candidates in USA. OneAmerica Financial is committed to creating certainty for its customers through financial strength and innovative solutions. The Senior Underwriting Consultant for Supplemental Health insurance will support the launch of new Supplemental Health products, act as a subject matter expert, and collaborate with various teams to ensure profitability and growth.
Responsibilities
- Support the launch of our new Supplemental Health Products including Accident, Critical Illness, and Hospital Indemnity
- Act as the subject matter expert (SME) for Supplemental Health products including creating and delivering training for the underwriting team
- Partner with Regional Supplemental Health Directors throughout the launch of new product offerings
- Analyze and price employer groups for Supplemental Health products, and ideally Life and Disability offerings to meet divisional growth and profitability goals
- Triage new prospects to assess risk, plan design, data completeness, and pricing approach including any needed experience rating
- Advise Distribution on plan designs & pricing recommendation including options for benefit levels, comparison to current or competition, rating assumptions and risk analysis
- Evaluate enrollment conditions and strategies to ensure successful implementation and satisfaction of any required product participation
- Negotiate with sales reps on new business to balance competitiveness with risk and support progress toward divisional sales goals
- Collaborate with Account Managers on renewals by applying the company’s renewal strategy considering plan designs, utilization, and pricing to maximize retention and ensure profitable performance
- Coordinate cross-functionally with Distribution, Operations, Claims, Product, and Actuarial to ensure alignment and promote positive customer experience
- Support special projects for leadership including process improvements, pricing updates, and new product features / offerings
- Mentor teammates including reviewing work, sharing best practices, and helping to upskill the team
Skills
- 5+ years Supplemental Health Underwriting experience including Accident, Critical Illness, and Hospital Indemnity risk evaluation and pricing
- Bachelor's degree or equivalent experience
- Experience with rating models, trend & utilization assumptions, case characteristics, industry, demographics, and plan design impacts
- Strong Proficiency with Excel with ability to use complex spreadsheets, rate tables and other underwriting tools
- Strong documentation, justification, and audit trail discipline
- Strategic mindset with ability to balance view of growth vs. risk
- Strong verbal and written communication skills including the ability to negotiate successfully with Distribution
- Stakeholder management thought balancing needs from diverse partners including Distribution, Operations, Actuarial, Product and Claims
- Training & mentoring capabilities including developing materials, setting clear explanations, and coaching
- Strongly preferred 5+ year Life and Disability Underwriting experience including risk evaluation and pricing as well as proficiency with experience rating for these products
Benefits
- Annual incentive program
- Medical & prescription, dental, vision insurance
- Health Savings Account & Flexible Spending Accounts
- Paid Time Off
- 10 weeks 100% paid parental leave (after completing 12 months of employment)
- 401(k) Plan with company match
- Pension Plan
- Company paid life & disability insurance
- Wellness Program & Company paid employee assistance program
- Clinic access subject to location
- (Indianapolis, Charlotte, Cincinnati)
Company Overview
OneAmerica Financial® is a national financial services organization helping people build greater certainty for better moments, every day. It was founded in 1877, and is headquartered in Indianapolis, Indiana, USA, with a workforce of 1001-5000 employees. Its website is http://oneamerica.com.