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    Risk & Underwriting Advisor - Supplemental Health Solutions-Hybrid - Chattanooga, United States - Cigna Health and Life Insurance Company

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    Description
    Risk & Underwriting Advisor Supplemental Health Solutions-Hybrid page is loaded

    Risk & Underwriting Advisor Supplemental Health Solutions-Hybrid

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    remote type

    Hybrid

    locations

    Chattanooga, TN

    Franklin, TN

    Bloomfield, CT

    Scottsdale, AZ

    Denver, CO

    time type

    Full time

    posted on

    Posted Yesterday

    job requisition id


    Job Description:

    Underwriting at Cigna:

    If youre looking to use strong analytical and math skills in a competitive, fast-paced environment, an Underwriting career at Cigna will allow you to do all this and more.

    Underwriters evaluate the risk of insuring a potential Cigna customer and use that information to set premium rates for insurance policies.

    As part of our Underwriting team, you will directly impact our business on a daily basis, protecting Cignas sound financial position which enables us to meet our financial commitments to our customers.

    The Risk Management & Underwriting Advisor Supplemental Health Solutions

    is responsible for new and inforce business underwriting for Group Accidental Injury (AI), Critical Illness (CI) and Hospital Care (HC) insurance products.

    Candidates for this position will be required to quickly learn the Supplemental Health Solutions manual rating models and related pricing tools; knowledge of pricing adjustments and available plan designs; and an ability to assess financial risk based on multiple information sources.

    New and inforce business underwriting for this position will focus on employer groups from 250 lives (focused on larger/complex employer groups) + supporting a variety of markets.

    New business and inforce underwriting will consist of performing strategic case specific risk assessments to develop appropriate premium rates and plan designs for a given risk to support the markets growth and profitability goals.

    The underwriter is responsible for account level rate development and conducting customer negotiations with other underwriting areas, Sales and Account Management on their book of business.

    The underwriter will evaluate and analyze total case profitability and develop strategic recommendations related to market competition, product development, and market pricing decisions.

    The underwriter will act with a sense of urgency to meet deadlines for all requests, and deliver accurate underwriting packages of the highest quality.

    This position will require assisting Sales and Account Management partners with underwriting data and financial exhibits on customer presentations. Collaboration with product/pricing matrix partners is also required to provide input on market level products and pricing needs.

    Core Responsibilities:
    Ability to quickly learn manual rating models and related pricing tools.

    Perform case-specific risk assessments and rate development for presale and inforce business for large and complex cases independently.

    Develops strategic recommendations related to market competition, product development, and market pricing decisions.

    Drive consultative engagement with Sales and Producers/Clients through presale and inforce case level strategies, market discussions

    Assist Sales as financial consultant on case-specific issues. Possesses an in depth understanding of manual rating models, pricing tools pricing adjustments and available plan designs.

    Manages a complex an assigned Supplemental Health Solutions book of business, focused on attaining profitable growth, persistency, and earnings.

    Responsible for driving engagement with other Underwriting areas (Medical and Dental) to optimize cross-sale opportunities with a whole-case underwriting view.


    Actively collaborates with product/pricing matrix partners to provide expertise/input on market level product and pricing needs.

    Works autonomously. Exercises judgment in the evaluation, selection, and adaptation of both standard and complex techniques and procedures.

    Independently hold calls with Sales, brokers, or clients.

    Mentors less experienced underwriters serving as technical and strategic subject matter expert on complex issues.

    Influences underwriting best practices and leads by example to the rest of the team.

    Leads or provides advanced professional input to complex Risk & Underwriting

    assignments/projects,

    partnering with management to provide innovative ideas and strategic input to continuously improve processes and efficiencies.

    This role includes internal project work which makes up 10-15% of the time in role. Projects focus on strategy and process improvement.


    Minimum Qualifications:
    Bachelor's degree in the following majors and/or minors are preferred, but not required: Risk Management, Economics, Finance, Accounting, Management, Mathematics, and/or Business

    5+ years of supplemental health, medical, dental or life and disability underwriting experience required

    Strong analytical and problem solving skills

    Ability to manage complex cases and thrive in an ever-changing market segment.

    Excellent decision making and negotiation skills

    Excellent verbal and written communication skills

    Passion and dedication to become a leader in the health service industry

    Innovative thinking, customer-centricity and analytical problem-solving skills

    Track record of leadership and influence

    Demonstrated ability to effectively communicate with all levels of the organization

    If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

    For this position, we anticipate offering an annual salary of 84, ,000 USD / yearly, depending on relevant factors, including experience and geographic location.

    This role is also anticipated to be eligible to participate in an annual bonus plan.
    We want you to be healthy, balanced, and feel secure. Thats why youll enjoy a comprehensive range of benefits, with a focus on supporting your whole health.

    Starting on day one of your employment, youll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs.

    We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays.

    For more details on our employee benefits programs, visit Life at Cigna Group .
    About Cigna Healthcare
    Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life.

    We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality.

    Join us in driving growth and improving lives.

    Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

    If you require reasonable accommodation in completing the online application process, please email:

    for support. Do not email

    for an update on your application or to provide your resume as you will not receive a response.

    The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible.

    Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment.


    These states include:

    Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.

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