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Group Underwriter IV

icon building Company : Usable Life
icon briefcase Job Type : Full Time
icon remote-alt Remote / Work from Home

Job Description - Group Underwriter IV


At USAble Life, we’re committed to making a meaningful difference in the lives of our customers, our communities, and each other. We are a diverse team united by a shared drive to go the extra mile. Through our DEI initiatives, employees feel empowered to bring their unique talents, perspectives, and voices to our culture.


Our dedication to delivering exceptional products is matched by our passion for supporting our people. We believe that making an impact extends beyond our office walls, and our longstanding tradition of community involvement reflects that commitment. We’re proud that our employees consistently embrace and uphold this spirit of service.


Recognized as a “Best Places to Work” in Arkansas, Florida, and Hawaii, USAble Life offers opportunities for personal and professional growth, along with avenues for career advancement. Combined with our engaging culture and comprehensive benefits package, we are committed to ensuring our employees feel valued, supported, and inspired.



Check out how we make a meaningful difference in the lives of others!  


https://player.vimeo.com/video/518665804  


What We Offer You:  



  • A culture that values employees and celebrates, empowers, and inspires a diverse workforce

  • Outstanding and affordable benefits package

  • 3.5 weeks of PTO and 11 paid holidays

  • 401(k) with up to 6% match; fully vested from day 1

  • Remote opportunities with company-provided equipment

  • Team-oriented, collaborative group of peers

  • Career advancement opportunities

  • Tuition Reimbursement

  • Employee Assistance Program

  • Inclusion Council and Employee Resource Groups

  • Recharge Days and Volunteer Time Off

  • This is a remote position.  


Life Takes You Places!  Are you ready to join us?   


Pay Transparency: Our salary ranges are structured to provide opportunities for growth and advancement within a role. As a result, most new hires are placed between the minimum and midpoint of the range based on qualifications and experience, while the top of the range is generally reserved for employees who have demonstrated sustained expertise and performance in the position. The starting base salary range for the Group Underwriter IV is $79,200 to $95,500. The full salary range is $79,200 to $110,900, Actual salaries will vary by geographic location and are based on factors such as candidate’s qualifications, experience, skills, competencies, and company tenure & equity. In addition to base compensation, this role is eligible for an annual incentive plan based on company performance and individual performance.    


Group Underwriter IV Overview



  • Conducts risk assessment and selection for small, mid and large case market on Life & Disability, and Worksite products.

  • Produces rates for new groups using company proposal system.

  • Prepares formal proposals and renewals using word processing, spreadsheet tools and software as applicable.

  • Completes financial exhibits using established guidelines.

  • Assists in the preparation of RFP response.

  • Verifies rates on sold cases.

  • Assist in training lower level underwriters and sales staff.

  • Works on special product or rating projects as required.

  • Uses knowledge of formulas to determine when deviation is necessary and recommendations alternatives.


Essential Duties



  • Assesses risk and produces rates for new groups with advanced levels of autonomy.

  • Completes annual renewals for all products and performs related maintenance tasks.

  • Services current group clients including benefit changes, reporting, and response to telephone and email inquiries.

  • Verifies sold case data including final rating.

  • Provides training and mentoring to underwriting and sales staff.

  • Performs projects and/or SME assignments


Required Knowledge, Skills, and Abilities



  • Advanced knowledge of group insurance and worksite products 

  • Advanced knowledge of Life and Disability underwriting

  • Advanced understanding of underwriting principles and rating methodology.

  • Demonstrated capability to apply experience rating formulas for all products.

  • Advanced MS Office skills.

  • Strong math and analytical skills.

  • Excellent written and verbal communication skills.

  • Ability to establish priorities and manage multiple projects simultaneously.


Required Education and Experience



  • Bachelor's degree in a related field or equivalent work experience


  • 5 years of underwriting experience



  • Life, Disability, and/or Supplemental product industry experience

  • Or equivalent military experience. 


Preferred Education and Experience



  • LOMA Certification

  • HIAA


 


 


#USA1

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