Junior Underwriter, Group Medical
True Benefit, An Amwins Group Company, is conducting a candidate search for a Junior Underwriter, specializing in the health insurance industry, to add to their growing team in Branford, CT (near New Haven) or Farmington, CT (near Hartford).
This position will be a hybrid work arrangement.
At True Benefit we excel at crafting comprehensive strategies for employee benefit programs, managing over $2.3 B of health care premiums for 150,000+ insured employees nationwide. True Benefits parent is Amwins Group, the largest wholesale brokerage and group insurance administrator in the US with annual premiums of $44.5+ billion.
Position Overview
If you have a proven ability to assess situations quickly, apply established protocols, and work well with others, we want you on our team. We are looking for a detail oriented, critical thinker who takes initiative and works consultatively with others. This person will work efficiently and effectively to meet contracted turnaround times when assessing risk on group medical health insurance prospective clients. We look to our analysts to be the best in the business, both analytically and in their ability to communicate their findings. Responsibilities include but are not limited to:
- Apply risk management principles to provide preparation of rate quotations, product and benefit recommendations, with a focus on evaluating group medical health insurance risk and supporting appropriate premium development within established underwriting and pricing guidelines.
- Develop and maintain effective working relationships with the sales organization and health insurance carrier partners by providing timely, accurate, and reliable analytical support.
- Actively build industry and product knowledge and support the sales team by learning and communicating foundational pricing concepts, underwriting principles, and market trends.
- Support departmental initiatives focused on improving processes, procedures, and best practices to enhance efficiency, consistency, and service delivery.
- Perform analytical and data-driven reviews using standard productivity and analytical tools to evaluate historical performance, identify trends, and assist in uncovering opportunities for improvement.
We are looking for the following background and attributes:
- Strategic thinking and decision-making skills
- Well-developed verbal and written communication skills, strong math or financial skills
- Ability to work well in team-based environment and adapt in a rapidly changing environment
- Working knowledge of Microsoft Excel and PowerPoint
- Excellent organizational and interpersonal skills
- Basic data analytics and PowerBI/Tableau skills a plus
- Bachelor’s degree in Business or other applicable major
- No prior health benefits experience necessary, 0-1 years of internship experience in an office setting a plus
We strive to be an employer of choice and offer a unique blend of benefits and perks.
- Competitive and comprehensive compensation
- Benefits program that includes:
- Medical, Dental, Vision, Prescription, Disability and Group Life insurance
- 401k matching
- Competitive Paid Time Off (Vacation, Sick, Paid Holidays)
- Eligible for incentive bonus once requirements are met
- Charitable donation matching
- Supportive Environment
Equal Opportunity Policy: The acceptance of the requested information for consideration and referral of candidates will be without regard to a candidate’s race, creed, color, age, gender, marital status, veteran status, national origin, sexual orientation/identification/expression, disability status, or weight and will be based solely on the candidate’s qualifications for the position. We are an equal opportunity employer.
Pursuant to Connecticut regulation, the compensation range for this position is as stated and includes eligibility for performance-based bonuses.
Connecticut Pay Range: $58,000 USD - $65,000 USD
