Rating Analyst

Posted 3 Days Ago
2 Locations
In-Office or Remote
23-31
Junior
Fintech • Insurance
The Role
The Rating Analyst supports the underwriting process by analyzing broker bids, evaluating insurance risks, and collaborating with underwriters for complex case assessments.
Summary Generated by Built In

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

Support the underwriting process by analyzing broker-submitted bid specifications and existing plan designs to determine appropriate product options and pricing. Use sound business judgment to evaluate insurance risks and release binding proposals for basic cases. Collaborate with underwriters on complex cases and contribute to corporate goals through project work. Maintain strong relationships with internal and external partners through clear communication and responsive service.

  • Evaluate plan designs and calculate rates for basic insurance risks (approx. 60%)
  • Provide underwriting support for large and complex cases (approx. 20%)
  • Communicate effectively with field sales, service teams, and home office staff (approx. 15%)
  • Participate in special projects and assignments (approx. 5%)

Skills and Background You’ll Need

EDUCATION

  • Associate’s Degree in Business or related field (minimum)
  • Bachelor’s Degree in Business or related field (preferred)

EXPERIENCE

  • 2+ years of professional work experience
  • Intermediate or better proficiency in Microsoft Excel

MUST-HAVES

  • Strong math skills, including basic algebra
  • Clear written and verbal communication
  • Excellent time management and decision-making abilities
  • Customer service orientation
  • Familiarity with Microsoft Office Suite

OTHER REQUIREMENTS

  • Ability to work in a fast-paced, evolving environment
  • Flexible mindset with a strong desire to learn

Key Behaviors of a Successful Candidate

  • Integrity and sound judgment in decision-making
  • Adaptability in a dynamic work environment
  • Strong collaboration and communication skills

Why Join The Standard?

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:

22.96 - 30.77

Positions will be posted for at least 5 days from original posting date.

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. All employees of The Standard must be bondable.

Top Skills

Excel
Microsoft Office Suite
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The Company
HQ: Portland, OR
3,557 Employees

What We Do

StanCorp Financial Group, Inc., through its subsidiaries marketed as The Standard -- Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, StanCorp Mortgage Investors, StanCorp Investment Advisers, StanCorp Real Estate and StanCorp Equities -- is a leading provider of financial products and services. StanCorp's subsidiaries serve approximately 7.5 million customers nationwide as of June 30, 2011, with group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management services, retirement plans products and services, individual annuities and investment advice.

The Standard is a marketing name for StanCorp Financial Group, INC. and its subsidiaries. Insurance products are offered by Standard Insurance Company of Portland, Ore. in all states except New York, where insurance products are offered by The Standard Life Insurance Company of New York of White Plains, N.Y. Product features and availability by state and company, and are solely the responsibility of each subsidiary.

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