Horace Mann is hiring a
Group Insurance Underwriter II

Summary

Horace Mann is seeking a Group Underwriter II to perform risk appraisals for various insurance products, manage assigned groups, and maintain knowledge of contract provisions. A Bachelor's degree and 3+ years of experience in group life and disability environment are required.

Requirements

• Bachelor’s degree required, preferably in a field related to Math, Statistics, or Insurance Business
• 3+ years of experience in group life and disability environment required

Responsibilities

• Perform risk appraisals to maximize revenues while minimizing risks consistent with underwriting guidelines for traditional group life, disability, and group worksite life, disability, critical illness, accident, and hospital indemnity products
• Provide accurate and timely evaluation and rating of prospects, sold cases, plan change amendments and renewals through analysis of group’s risk characteristics
• Assure premium income adequately reflects the group’s risk and that contracts meet legal and company standards
• Monitor rate and benefit changes to ensure timely, accurate, and profitable implementation of amendments
• Maintain knowledge of contract provisions, OCI statues, insurance laws, and mandated benefits corresponding to benefits provided
• Correspond with inside and outside marketing/sales personnel, actuarial and legal resources, systems, billing, administration, underwriting and claims to assess plan changes, extensions of coverage, and benefit changes
• Respond to written and verbal inquiries from, sales personnel, and internal departments, including discussion of in-force policy provision, claims experience, technical aspects of specific financial arrangements and interpretation of legal statutes
• Maintain effective working relationships with agents, brokers, and clients
• Respond to inquiries in a personal, constructive manner
• Maintain constructive relationships with reinsurers through professional communication and understanding of reinsurance agreements. Assure compliance with reinsurance underwriting standards and limitations
• Perform proper documentation of underwriting files including but not limited to manual rates, rate calculations, phone conversations, and any written or verbal agreements
• Develop innovative solutions for completion of special projects as necessary
• Handle moderately complex cases within assigned authority limits. Complex cases still to be reviewed with Manager
• Identify unusual, non-standard circumstances needing special consideration and escalate to senior levels and/or management
• Assist in training and coaching of junior underwriting staff as needed