PGIM · 3 months ago
Senior Group Underwriter
Wash, 213 Washington St., Newark, NJ
Full-time
Onsite
Mid, Senior Level
$66K/yr - $102K/yr
2+ years expPGIM is a leading financial services company that provides a range of insurance products. The Senior Group Underwriter is responsible for underwriting Voluntary Supplemental Health proposals and ensuring compliance with statutory regulations, while assessing risks and making decisions that contribute to the company's profitability.
Asset Management
Responsibilities
Assesses, calculates and specifies the conditions under which Prudential is willing to accept risk on Voluntary Supplemental Health, for current and prospective clients. This includes, but is not limited to, the review and utilization of demographic data, actual case specific experience, product filings, statutory requirements and Prudential’s current premium refund formula and policies
Communicates and partners with sales representatives, account managers, brokers, clients and prospective clients regarding case issues, underwriting assessments, pricing, rating etc. with a client focus. Actively engages in supporting the positive consultative outcomes crucial to our long-term success by enhanced application of growing underwriting and business expertise
Assists in the analysis and/or handling of complex situations with increased focus on client and company objectives demonstrating comprehension of underwriting and business dynamics
Determines whether to accept, modify, or decline a risk through evaluation of the client’s employee census data, claims history, and other pertinent information within guidelines such as rating formula’s, product filings and statutory requirements
Independently applies Underwriting judgment, formulates pricing decisions, negotiates within their authority limit, and handles standard to complex reporting requests. Understands and applies current pricing strategy across the book of business
Works closely with sales staff, brokers and clients to discuss financial results and support or directly engage in the negotiation process
Manage ad hoc projects, and or participate in periodic process and technical design work to improve service, efficiency, or profitability
Confidently and effectively communicates point of view through both verbal and written communications and negotiates with internal/external partners in various roles
Demonstrates an awareness of regional trends, competitive landscape and factors that influence the marketplace and regulatory environment
Ability to help others gain an understanding of the underwriting process, including case reviews
Demonstrates problem solving skills on risk and service-related issues, and broad institutional knowledge in the development of solutions
Qualification
Required
Group underwriting experience in Voluntary benefits, preferably 2+ years
Bachelor's degree or equivalent work experience
Ability to work independently
Strong time management and organizational skills
Ability to prioritize work with limited oversight
Strong Analytical and mathematical skills
Excellent communication and collaboration skills
Ability to develop strong working relationships
Benefits
Market competitive base salaries, with a yearly bonus potential at every level.
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
401(k) plan with company match (up to 4%).
Company-funded pension plan.
Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
Company
PGIM
PGIM is a money manager whose clients rely on their risk management expertise, intellectual capital, and innovative solutions. It is a sub-organization of Prudential Financial.
1001-5000 employees
H1B Sponsorship
PGIM has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (15)
2024 (12)
2023 (8)
2022 (8)
2021 (7)
2020 (14)
Funding
Current Stage
Late StageLeadership Team
Jakob Wilhelmus
Director, Thematic Research
Recent News
2026-01-12
2026-01-12
Investing.com
2026-01-12
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