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Sr. Group Underwriter: Sterling Health Plans

Sterling is a growing company dedicated to innovation and teamwork. Our customers value the superior service, reliability, and commitment to excellence that Sterling's professionals demonstrate daily. And at Sterling we value our professionals, providing comprehensive benefits, exciting challenges, and the opportunity for growth.

Sterling Life Insurance Company was established in 1958. In 1999, Sterling contracted with its sister company, Olympic Health Management Systems, Inc., to develop products for the rapidly expanding market comprised primarily of older Americans. Sterling's national licensing and Olympic's expertise in designing products and services exclusively related to the Medicare population have blended to form a team that is stable, innovative, and responsive to the needs of clients and beneficiaries.

Today, Sterling offers a variety of products and services to fit the needs of Medicare beneficiaries. The combined staffing of the two sister companies has grown to over 1,000 talented and diversified people working together to achieve a number of industry "firsts."

Sterling was the first to successfully contract with the Centers for Medicare & Medicaid Services (CMS) for a newly-authorized product, Private Fee-for-Service (PFFS). By incorporating this plan into its already established Medicare supplement and Medicare Select supplement insurance plans, Sterling became the first to offer this mix of products in one platform. It is believed Sterling was also the first to allow enrollees/policyholders to move between health plans as their needs change without additional underwriting-an extraordinary feature we call Choice and Mobility.

Today Sterling is licensed in 50 states, plus Washington, D.C., and has sales offices spanning the nation. The product line continues to grow and now includes Life products and Medicare Prescription Drug plans. The products and services will not stop here. Our Business Development team is constantly looking for new programs that will benefit the Medicare market.

Sterling is rated "A-" (Excellent) by A.M. Best. Sterling is part of the Munich Re Group. Munich Re Group has earned an A+ (Superior) rating from A.M. Best, and is one of the world's largest reinsurers, dedicated to turning risk into value. With the Medicare market booming, Sterling's future looks very bright. Sterling has the right products, the right partners, the right audience, and the right people.

Sterling Life Insurance Company is an Equal Opportunity Employer committed to a diverse workforce, M/F/D/V. Employment contingent upon a successful background check.

Position Description:

Job Title: Senior Group Underwriter FLSA: Exempt

Reports to: VP, Business Analysis Class: FI6

Summary: Utilize group insurance underwriting and general insurance principles to analyze risk, complete proposals, and renewals for active and retired members aged 65+.

Duties and Responsibilities:

1. Develop underwriting policy and procedures, underwriting manual, rating practices and training programs for junior underwriters and sales and account management personnel.

2. Grow and maintain the Group Medicare book of business as assigned and manage to achieve objective profitability and revenue goals as established for the department.

3. Provide Underwriting support for assigned Account Managers and Group Regional Sales Directors on both prospect and renewal activity. Evaluate risks as presented by field sales for potential new business generation. Provide financial proposals and support overall sales proposal process on risks that meet established underwriting criteria. Produce final Proposal document including approved financial offer as well as approved verbal presentation of capabilities and answers to questions as posed in the Request For Proposal (RFP).

4. Manage implementation of new business. Coordinate departmental activity as needed to successfully implement new business. Assure that correct information is communicated and entered into operational systems to support the plan which was sold.

5. Recruit and train staff as requested:
• Educate to create understanding of our processes, operations and goals.
• Promote an environment conducive to creativity and change
• Encourage interaction with other division subsystems to promote teamwork and appropriate decision making
• Monitor performance of the unit
• Develop standards and evaluate individual performance both informally and formally.
• Provide feedback and growth opportunities.

6. Participates in special projects takes lead as needed.

7. Oversee all underwriting functions regarding the Group Medicare book of business.

8. Underwriting authority as delegated by the VP Business Analysis.

Knowledge, Skills and Abilities:
• In depth understanding of group employee benefits and retiree insurance products and principles. Five or more years experience in financial underwriting.
• Effective communication and interpersonal skills. Capable of dealing with sales representatives as well as with internal operations personnel.
• Working knowledge of Microsoft Office Suite including advanced knowledge of Excel, Word and PowerPoint.
• Demonstrated mathematical, analytical and conceptual skills
• Ability to make decisions independently.
• Self starter with willingness to take initiative and support team effort.

Education and Experience:
• Bachelor's degree in Business Administration, Mathematics, Marketing, or other related field. Equivalent related experience may substitute for formal education requirements.
• Three or more years Medicare or Group Health Insurance experience.
• Minimum two years supervisory/management experience
• Five plus years experience in group financial underwriting.

Desired:
• Medicare specific experience.

Essential Functions:
• Manual dexterity in hands to do extensive keyboarding
• Requires the ability to sit for extended periods of time
• Requires the ability to lift and carry up to 30 pounds
• Eyesight required for the ability to view print on a computer screen and/or paper document
• Requires the ability to speak and hear to exchange information with customers by telephone




To Apply Visit : Sterling Life Insurance Company