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Underwriter

Date:  Sep 3, 2021
Req ID:  45826
Remote Position:  Yes
Country:  US
Line of Business:  VSP Vision Care
Division:  Finance

VSP Global is comprised of five complementary businesses that combine high-quality eye care insurance, high-fashion eyewear, customized lenses, ophthalmic technology and retail solutions, with employees in over 23 countries. No matter the role, we’re all focused on a singular mission: to help people see. Learn more by visiting https://vspglobal.com/cms/careers/

General Summary

Under general supervision, prepares new business and group renewals quotes. Maintains and audits experience reporting system. 

Essential Functions

Calculates new/existing quotes and plan-specific rates, following established underwriting formulas and utilizing experience reports to achieve underwriting paid/loss targets

 

Provides rate analysis to validate factors used in quote preparation

 

Monitors and prepares management reports on sold business versus underwriting rates to assess the projected financial impacts

 

Analyzes data from external sources (i.e., national averages, statistical models, prospective group data) to determine effect on utilization and costs

 

Maintains and audits experience reporting systems to ensure integrity of group data based upon business guidelines

 

Researches and coordinates resolution of reporting problems to ensure accurate group data and reporting

 

Conducts studies and projects relating to the underwriting function to update accuracy of base data

 

Performs review of peer rate calculations to ensure business guidelines are followed and data is reasonable and consistent. 

Job Specifications

Typically has the following skills or abilities:

 

Bachelor’s Degree in Finance or related field or equivalent experience

 

Five years experience underwriting or related experience

 

Strong analytical, problem solving, and mathematical skills

 

Excellent verbal and written communication skills

 

In-depth knowledge of word processing and spreadsheet applications

 

Ability to perform 10-key by touch

Working Conditions / Physical Demands

The working environment is generally favorable.  Lighting and temperature are adequate, and there are no hazardous or unpleasant conditions caused by noise, dust etc.

The above information in this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

VSP Global is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to age, gender, race, color, religion, sex, national origin, gender identity, sexual orientation, disability or protected veteran status.  We maintain a drug-free workplace and perform pre-employment substance abuse testing.


Nearest Major Market: Sacramento

Job Segment: Ophthalmic, Substance Abuse, Behavioral Health, Healthcare

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