Stop Loss Underwriter

Position Overview

Voya is seeking a Stop Loss Underwriter to independently underwrite complex group insurance applications. This role involves issuing policies on a standard or substandard basis, with authority to approve cases up to 10,000 lives. The Stop Loss Underwriter will also provide guidance and work direction to lower-level group underwriters.

Company Purpose & Culture

Together, we fight for everyone’s opportunity for a better financial future. We believe in being bold and committed to action, fostering a work environment where differences are understood, valued, and intentionally pursued. We are committed to a culture where employees feel comfortable bringing their whole selves to work, driving positive influence on our culture, clients, and communities.

Responsibilities

• Provide guidance and work direction to lower-level group underwriters.
• Provide input to performance reviews.
• Evaluate risk for the most complex group insurance products.
• Analyze data such as financial condition of the client company, characteristics of employee groups, participation percentage, type of industry, or past claim experience to determine benefits and rates.
• Ensure proper pricing and appropriate funding methods.
• Coordinate underwriting activities on proposals, new cases, renewals, and amendments.
• Ensure that the company can administer the client’s proposed benefit plan design and funding method.
• Develop and maintain relationships with field personnel and clients by answering general questions and obtaining information on which to base decisions.
• Document and communicate decisions to necessary areas in the division.
• Review cases exceeding underwriter’s review level.
• Contribute to total division profitability by analyzing/assessing client profitability through experience and expense analysis and attention to product line performance.
• Participate in product development and enhancements, representing the underwriting/service team perspective.
• Participate in regional marketing rollouts.
• Other duties as assigned.

Minimum Knowledge & Experience

• 8–10 years Stop Loss underwriting experience
• Strong problem-solving and analytical skills
• PC skills including word processing and spreadsheet applications
• Excellent written and oral communication skills
• High School Diploma or GED

Preferred Knowledge & Experience

• Bachelor’s degree preferred

Employment Type

• Full time

Location Type

• [Information not provided]

Salary

• Compensation Pay Disclosure: Voya is committed to pay that’s fair and equitable. The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting. Actual compensation offered may vary from the posted sal
• [Specific salary range not provided in the original description]

Application Instructions

• Start your Voyage – Apply Now

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