Senior Financial Underwriter - Dental & Vision

Position Summary

The Senior Financial Underwriter is responsible for evaluating, pricing, and underwriting new and renewal group Dental and Vision business. This role performs comprehensive financial analysis, risk assessment, and pricing recommendations for moderate to complex group accounts. The position requires strong technical underwriting expertise, sound business judgment, and the ability to collaborate with internal stakeholders to develop competitive and profitable solutions.

Key Responsibilities

• Analyze and compute rates for new and renewal group Dental and Vision accounts, ensuring pricing accuracy and profitability.
• Prepare detailed financial analyses, underwriting reports, and pricing recommendations for moderate to large group accounts.
• Evaluate risk factors, claims experience, utilization trends, and financial performance to support underwriting decisions.
• Develop expense estimates and provide accurate interpretation of financial exhibits and account performance data.
• Recommend products, benefit designs, and competitive pricing strategies that align with client requirements and organizational objectives.
• Review contracts, certificates, and plan documents to assess benefit matching and takeover feasibility.
• Apply expertise in manual rating methodologies and utilize experience data, provider information, and management reports to support pricing decisions.
• Collaborate with Sales, Account Management, and other business partners to negotiate pricing and underwriting terms for new and existing business opportunities.
• Communicate directly with brokers, consultants, clients, and internal stakeholders to address underwriting, risk, plan design, and pricing-related inquiries.
• Complete administrative processing and case evaluations using underwriting tools, systems, databases, and reporting platforms.
• Maintain thorough documentation of underwriting evaluations, decisions, and pricing rationale.
• Demonstrate strong organizational, prioritization, and workload management skills to meet deadlines and service expectations.
• Provide mentoring, coaching, and technical guidance to junior underwriting professionals and support team development initiatives.
• Deliver training sessions for underwriting, sales, and related business teams as needed.
• Participate in projects focused on improving underwriting processes, operational efficiency, and business performance.
• Contribute subject matter expertise and influence underwriting strategies, best practices, and departmental initiatives.

Required Qualifications

• Bachelor's degree or equivalent combination of education and relevant experience.
• Minimum 5 years of experience underwriting group Dental and Vision insurance products.
• Strong background in financial analysis, risk assessment, and group insurance pricing.
• Comprehensive knowledge of risk pool management principles and underwriting methodologies.
• Proficiency in Microsoft Office Suite, including Excel, Word, and Access.
• Strong analytical, problem-solving, communication, and negotiation skills.
• Ability to work independently and make informed decisions on complex underwriting matters.

Preferred Qualifications

• Master's degree in Business, Finance, Actuarial Science, or a related field.
• Experience underwriting additional group insurance products, including Life and Disability benefits.
• Advanced knowledge of group benefits underwriting, pricing strategies, and market competitiveness.

Key Competencies

• Financial Analysis & Risk Assessment
• Dental & Vision Underwriting
• Pricing Strategy
• Contract Review & Benefit Evaluation
• Negotiation & Stakeholder Management
• Process Improvement
• Data Analysis & Reporting
• Decision-Making & Problem Solving
• Team Mentorship & Training
• Time and Project Management

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