Rating Analyst

The next part of your journey is right around the corner — with The Standard.

A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams, we’ve been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference?

Job Summary

The Rating Analyst supports the underwriting process by analyzing broker-submitted bid specifications and existing plan designs to determine appropriate product options and pricing. This role applies sound business and underwriting judgment to evaluate routine insurance risks, calculate rates, and release binding proposals for basic cases. The Rating Analyst partners with underwriters on complex cases, contributes to key projects and business initiatives, and delivers responsive service through effective collaboration and communication with internal and external stakeholders.

Key Responsibilities

• Analyze and evaluate broker-submitted specifications and existing plan designs to identify requested products, plan structures, and coverage options.

• Apply underwriting guidelines and business judgment to determine appropriate plan designs, product options, census formatting, and calculated rates.

• Prepare and release binding proposals for routine insurance risks in accordance with established business rules and underwriting authority.

• Provide underwriting and rating support for large and complex cases, ensuring accuracy and adherence to company standards.

• Collaborate with sales, service, and home office teams to deliver responsive customer service, resolve issues, and support strategic projects and business objectives.

Skills and Background You’ll Need

Education: Associate degree required. Bachelor’s degree preferred.

Experience: 2 years of experience applying critical thinking, analytical evaluation, and decision-making experience.

• Strong analytical and decision-making skills with the ability to interpret information and identify solutions.

• Ability to perform accurate mathematical calculations, including basic algebraic formulas.

• Proficiency in Microsoft Office Suite, including Excel, Word, Outlook, and PowerPoint.

• Strong written and verbal communication skills.

• Excellent time management and organizational skills with the ability to manage multiple priorities.

• Customer-focused approach with a commitment to delivering high-quality service.

• Ability to apply underwriting guidelines, contract provisions, and applicable insurance regulations.

• Experience in insurance, underwriting, rating, benefits administration, or a related analytical role; ability to work independently and collaborate effectively with internal stakeholders.

Key Behaviors of a Successful Candidate

• Driving Success: Acts with urgency, pursues ambitious goals and shows resilience in the face of obstacles and setbacks.                 

• Adaptability: Sees possibilities in changing circumstances, accepts and understands change and alters behavior as necessary.                        

• Customer Focus: Understands and anticipates both internal and external customer needs and develops customer-inspired solutions that exceed expectations.                         

We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect:

• A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions

• An annual incentive bonus plan

• Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure

• A supportive, responsive management approach and opportunities for career growth and advancement 

• Paid parental leave and adoption/surrogacy assistance

• An employee giving program that double matches your donations to eligible nonprofits and schools

In addition to the competitive salary range below, our employee-focused benefits support work-life balance. Learn more about working at The Standard.

• Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance.

The actual compensation for this role will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data.

Salary Range:

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., and American Heritage Life Insurance Company and American Heritage Service Company, marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability or veteran status or any other condition protected by federal, state or local law. Except where precluded by state or federal law, The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance. The Standard offers a drug- and alcohol-free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on The Standard's property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation and employment, education and licensing verification as a condition of employment. After any conditional offer of employment is made, the background check will include an individualized assessment based on the applicant’s specific record and the duties and requirements of the specific job. Applicants will be provided an opportunity to explain and correct background information. All employees of The Standard must be bondable.