Job Description Duties and Responsibilities of Position:
- Monitor Medical experience on a monthly basis.
- Manage underwriters in the evaluation and pricing of new business prospects using underwriting principles to produce competitive pricing and profitable financial results. Review/approve final proposals.
- Monitors, reviews and approves the renewals of all in force business utilizing creative and innovative underwriting actions that meets clients’ needs and achieves profitable financial results. Implement rating actions.
- Assists underwriters in evaluating benefit structure, product design and plan differentials for prospective new and in force clients. Suggest appropriate modifications.
- Trains underwriters on new underwriting techniques/methodologies/products.
- Reviews premium, claim, and benefit design for appropriateness.
- Makes presentation to clients on benefit design and actions.
- Reviews compliance and regulatory material for impact on benefit design and rates.
Requirements for Position:
- Technical knowledge of underwriting and actuarial formulas and rating methodologies for both Membership and Group business.
- Excellent communication and analytical skills. Ability to deal with outside clients as well as other functional areas.
- Over 10 years of group underwriting experience in all lines of business, preferably in association.
If you are interested in applying for this opportunity, please visit our careers website:
http://www.nylcareers.com and search for job requisition SM2219 - AVP, Underwriting or email your cover letter and resume to career@newyorklife.com and enter the job requisiton # in the subject header