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Tokio Marine HCC – A&H Group · 8 hours ago

Captive Underwriter Analyst

Minnesota - Minnetonka

Full-time

Onsite

New Grad, Entry Level

$21.25/hr - $37.55/hr

Tokio Marine HCC is a leading specialty insurance company with over 50 years of service in the industry. The Captive Underwriter Analyst will support the Actuarial department by providing reinsurance and pricing support, budget assistance, and key statistical analyses for medical stop loss insurance and related businesses.

Insurance

Responsibilities

Pull and distribute census and zip code information to be entered into internal databases (PA) by Underwriting Assistants

Evaluate, analyze, and/or interpret plan documents, amendments, and/or schedules of benefits provided by third-party administrators (TPAs)/brokers

Responsible for the accuracy and completion of underwriting information and data entry forms pertaining to new and sold business, as well as renewal and life cases

Data entry of all pertinent information obtained through the analysis of requests for proposal (RFPs) to generate manual rates from internal database

Evaluate, analyze, and/or interpret aggregate reports provided by TPA/brokers to determine risk

Obtain all necessary information required by the Underwriters so they may provide the best quote possible for TPA/brokers

Communicate effectively with TPA/brokers, peers, and other departments. Answer questions, within scope of ability and refer other questions to appropriate person

Study and learn Underwriting policies and procedures

Pull and distribute census and zip code information to be entered into internal databases (PA) by Underwriting Assistants

Evaluate, analyze, and/or interpret plan documents, amendments, and/or schedules of benefits provided by third-party administrators (TPAs)/brokers

Prepare sold documentation from proprietary database and route to broker or Producer for client review and signature

Set up and maintain all sold case files

Update and maintain Outstanding Documents Log on a daily basis

Follow-up and collect all sold case documentation from TPA/broker. This requires continuous follow-up with client

Coordinate communication between the client/TPA/broker and TMHCC departments

Act as a liaison between Administration, Underwriting, and Marketing departments

Review and save completed sold case files for policy issuance

Process all non-renewals and terminations. Notify required parties of non-renewal/termination

Notify required parties of non-renewal/termination

Qualification

Data analysisMicrosoft OfficeRisk ManagementBusiness AdministrationAnalytical skillsCommunication skillsOrganizational skills

Required

Minimum 4 Year / Bachelors Degree in Business Administration, Risk Management, Accounting, Finance, a related field, or the equivalent education and/or experience

Ability to read and interpret documents such as plan of benefits, bid specifications, claim reports, and procedural manuals

Possess and have ability to apply basic knowledge of principles, practices, and procedures

Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy

Good organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously

Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)