Symetra · 21 hours ago
Sr. Life and Disability Underwriter – Remote
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Financial ServicesHealth Insurance
Growth OpportunitiesNo H1B
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Responsibilities
Analyze competitor claim experience to develop experience rate, run manual rate and combine in accordance with credibility formulas to determine appropriate rate levels for new business accounts using a variety of rating and funding methods.
Review plan and process design, recommend changes, and calculate rates for requested or recommended changes.
Develop and communicate new business rate recommendations in accordance with the level of authority.
Process sold accounts following established procedures.
Analyze Symetra claim experience to develop experience rate, run manual rate and combine with credibility formulas to determine appropriate rate levels for in force accounts using a variety of rating and funding methods.
Develop renewal package with experience and rate analysis, renewal decision, plan and process change recommendations and experience summary.
Monitor assigned book of business to balance profitability and persistency and initiate actions to improve experience when necessary.
Process sold renewals following established procedures.
Develop and maintain positive relationships with Symetra sales, field and home office service, actuarial and claims teams.
Visit sales offices for training and expanding sales activity and assisting in sale of renewals.
Develop and maintain relationships with producers, clients and reinsurance partners including running external meetings (approximately 5-6 trips per year).
Provide competitive feedback on rates and products to management.
Manage projects and training initiatives as assigned.
Develop improvements in underwriting practices, pricing, and marketing strategies.
Act as mentor to junior underwriters and analysts through training, answering questions and reviewing accounts that exceed their authority levels.
Assist in interviewing and hiring of new staff members.
Maintain accurate and up to date reporting of assigned presales and renewals.
Qualification
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Required
High School Diploma required. A 4-year college degree or equivalent combination of education and work experience preferred.
5+ years life and disability underwriting or actuarial experience.
Outstanding analytical and technical skills.
Strong Excel, Word, and Power Point skills.
Able to act independently, be consultative, negotiate and make decisions within authority limits and make recommendations outside of authority limits.
Able to travel and make/run presentations to clients and producers and represent Symetra at industry events.
Significant knowledge of employee benefits.
Service oriented with commitment to meet deadlines.
Strong teamwork orientation.
Critical thinker with excellent written and verbal communication skills.
Proven decision-maker.
Strong attention to detail and accuracy.
Fosters a positive and proactive work environment.
Preferred
A 4-year college degree or equivalent combination of education and work experience.
Industry designations such as CEBS, FLMI, DHP DIF, DIA or HIA are a plus.
Benefits
Flexible full-time or hybrid telecommuting arrangements
401(k) plan and take advantage of immediate vesting and company matching up to 6%
Paid time away including vacation and sick time, flex days and ten paid holidays
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Company
Symetra
Symetra is a financial service company that provides retirement, employee benefits, group life, and disability insurance.
Funding
Current Stage
Public CompanyTotal Funding
unknown2015-08-11Acquired· by Sumitomo Life Insurance Company ($3.8B)
2010-01-22IPO· nyse:SYA
2004-01-01Private Equity· Undisclosed
Leadership Team
Recent News
2024-04-24
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2024-04-07
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2024-04-02
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