At UnitedHealthcare, we're simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and optimized. Ready to make a difference? Join us to start Caring. Connecting. Growing together.
The Senior Underwriting Consultant for E&I will analyze Financial Protection Products- Group Life, Disability and Supplemental Health- plan characteristics and assess risk. They will also utilize underwriting criteria and policies to provide proper rating methodologies. The Senior Underwriting Consultant is responsible for the build, evaluation and recommendation of alternative pricing and plan design options based on economic analysis and trends. Senior Underwriting Consultant will be responsible for protecting profit while balancing sales growth pressure.
You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.
Primary Responsibilities:
- Prepare financial modeling for reserve calculation, budget calculation, and other ongoing reviews that directly aligns with client strategies
- Risk evaluation skills of Life, LTD, STD and supplemental health products on a manual and experience rated basis
- Validate - Evaluate renewals and new business request for proposals for accuracy for all size groups
- Deliver competitive and consultative proposals and renewal analysis to obtain and persist the inforce block
- Conduct competitive analysis of all coverage lines and present financial and contractual findings
- Serves as a functional subject matter expert, providing trusted guidance and acting as a key resource to senior leadership
- Serve as a mentor to junior underwriters, fostering professional growth through training, feedback, and collaboration on complex underwriting cases
You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
- 7+ years of experience in group insurance underwriting for any variety of products: Group Life, Long Term Disability (LTD), Short Term Disability (STD), and Supplemental Health for Voluntary and Employer Paid plan designs.
- Large case underwriting incorporating group experience in development of pricing
- Experience in coordinating in development of training and mentoring others
- Mastery of products including product and contract provisions, plan designs, pricing and various funding arrangements
- Intermediate level of proficiency with MS Office suite (including Word and Excel)
- Demonstrated success collaborating with internal and external partners to develop appropriate case strategies
Preferred Qualifications:
- Experience contributing to process improvements, automation, or standardization initiatives
- Experience with involvement in underwriting guidelines development or governance
- Demonstrated ability to communicate underwriting rationale to business leaders, sales, and actuarial partners
- Proven track record of influencing decisions in ambiguous or high-stakes situations
*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy
Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $91,700 - $163,700 annually based on full-time employment. We comply with all minimum wage laws as applicable.
Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.
UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.
Skills Required
- 7+ years of experience in group insurance underwriting across Group Life, Long-Term Disability, Short-Term Disability, or Supplemental Health products
- Experience with large-case underwriting and group experience-based pricing development
- Experience coordinating the development of training and mentoring others
- Mastery of insurance products, contract provisions, plan designs, pricing, and funding arrangements
- Intermediate proficiency with Microsoft Office, including Word and Excel
- Demonstrated success collaborating with internal and external partners to develop case strategies
- Experience contributing to process improvements, automation, or standardization initiatives
- Experience with underwriting guideline development or governance
- Ability to communicate underwriting rationale to business leaders, sales, and actuarial partners
- Track record of influencing decisions in ambiguous or high-stakes situations
What We Do
Optum, part of the UnitedHealth Group family of businesses, is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together. At Optum, we support your well-being with an understanding team, extensive benefits and rewarding opportunities. By joining us, you’ll have the resources to drive system transformation while we help you take care of your future. We recognize the power of connection to drive change, improve efficiency and make a difference in health care. Join a team where your skills and ideas can make an impact and where collaboration is key to creating technology that produces healthier outcomes.
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Optum Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Optum has three workplace models that balance the needs of the business and the responsibilities of each role. These models, core on‑site (5 days/week), hybrid (4 days/week) and telecommute or fully remote, vary by country, role and location.