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Group Underwriter II (Stop Loss)

Location
Newark, NJ
Work type
Full Time · On-site
Posted
2026-10-23

Job description

This position provides Rating & Underwriting services and support to the Sales team and is responsible for the production of rates for the 100+ markets. This position will support Rating & Underwriting services for Stop Loss products.
What You'll Do

Develops and issues proposal rates for group size 100+ and experience rated proposals.
Develops and issues experience rated renewals for group size 100+.
Develops and issues renewal and proposal rates for alternately funded groups.
Approves Group Enrollment Information (GEI) and Benefit Information Forms (BIFs) where applicable.
Researches rate and benefit inconsistencies and issues corrections and/or recommendations.
Assembles data and produces ERISA 5500 reports and settlements and issues to Sales, where applicable.
Makes decisions to offer special financial arrangements to groups and monitors outcomes as required.
Attends meetings with groups and brokers to discuss renewals and proposals and makes recommendations.
Maintains and updates monthly financial reports necessary for Enterprise Operations.
Performs other duties as assigned by management.

What You Bring

Education/Experience

Minimum High School diploma or GED
Bachelor's degree, preferred in Math, Statistics, or Accounting.
Analysis experience preferred.
Requires minimum three (3) year's experience in health insurance industry with experience in Rating/Underwriting.
Stop Loss underwriting experience highly preferred.

Knowledge

Requires knowledge of underwriting principles, benefit offerings, alternate financial mechanisms and rating methodology.
Prefer knowledge of Horizon BCBSNJ products.
Must be proficient in the use of personal computers and supporting software in a Windows based environment, including MS Office products (Word, Excel, PowerPoint).

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