Group Underwriter II

Horace Mann is looking for a GROUP Underwriter II to join our team.  Job duties will include performing 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.  The Group Underwriter II will provide accurate and timely evaluation and rating of prospects, new groups, amendments, and renewals.

Responsibilities:

• 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.
• Manage assigned groups to ensure retention and profitability.
• 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.

Requirements:

• Bachelor’s degree required, preferably in a field related to Math, Statistics, or Insurance Business.
• Periodic travel may be required.
• 3+ years of experience in group life and disability environment required.
• Demonstrated knowledge of underwriting concepts and techniques of general group insurance and benefit funding designs/methodology.

Horace Mann’s Worksite Division consists of multiple underwriting carriers that have over forty years of demonstrated success with voluntary benefits and true group life and disability insurance in the public sector, with a particular focus in the education sector furthering the mission to help educators protect what they have today and prepare for a successful tomorrow. Horace Mann’s Worksite Division proudly provides valuable group insurance coverage for over 750,000 educators and other public sector employees across the United States. The Senior Group Underwriter will serve a critical role with Horace Mann’s Worksite Division as we broaden our mission to serve more educators and public sector employees across the country. We’re motivated by serving those that serve our communities and looking for a talented Senior Group Underwriter to join our mission-centric team.

Pay Range:

• $61,900.00- $91,300.00 annually. 

Salary is commensurate to experience, location, etc.

Horace Mann was founded in 1945 by two Springfield, Illinois, teachers who saw a need for quality, affordable auto insurance for teachers. Since then, we’ve broadened our mission to helping all educators protect what they have today and prepare for a successful tomorrow.  And with our broadened mission has come corporate growth:  We serve more than 4,100 school districts nationwide, we’re publicly traded on the New York Stock Exchange (symbol: HMN) and we have more than $12 billion in assets.

We’re motivated by the fact that educators take care of our children’s future, and we believe they deserve someone to look after theirs.  We help educators identify their financial goals and develop plans to achieve them.  This includes insurance to protect what they have today and financial products to help them prepare for their future. Our tailored offerings include special rates and benefits for educators.

EOE/Minorities/Females/Veterans/Disabled. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status

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