Senior Underwriter - Health & Life Insurance Job at Nippon Life Benefits, New York, NY

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  • Nippon Life Benefits
  • New York, NY

Job Description

Company Description

We have been focused on delivering innovative group benefits for over 30 years. Fully-customizable programs give companies the peace of mind that comes from top quality protection at prices that help protect the bottom line. Our full product line includes Medical, RX, Wellness, Dental, Life, Disability, and Vision.

Nippon Life Benefits is the U.S. subsidiary of Japan-based Nippon Life Insurance Company, one of the world’s largest mutual life insurance companies with over $520 billion in assets.

We are proud of our A- (Excellent) rating from AM Best.

Role Description

This is a full-time role for a Senior Group Underwriter with a hybrid work schedule. As a Senior Group Underwriter, you will be responsible for adherence to Underwriting guidelines and selection standards, and for the profitability of our New Business accounts.

Nature and Scope of Responsibilities

  • Price New Business Cases within requested timeframes.
  • Evaluate new business opportunities and determine if cases meet Underwriting Guidelines.
  • Calculate manual and experience rated new business accounts.
  • Issue appropriate rates and accurately describe terms of offer.
  • Explain offer to Sales/Service staff.
  • Accurately price plan modifications.
  • Respond to pricing appeals on quotes.
  • Review and approve sold cases.
  • Provide adjustments for non-standard manual rates.
  • Projects as assigned.

Qualifications

  • Bachelor's degree in Business or Math or business equivalent experience.
  • 4 - 6 years group life/health underwriting experience.
  • General analytical skills, strong proficiency in Excel, high math aptitude.
  • Proficiency in MS Office products (Word, PowerPoint & Outlook).
  • Ability to interact effectively with all levels of management.
  • Ability to work cooperatively and flexibly on projects with members of other departments, as needed.
  • Excellent communication skills – both oral and written.
  • Strong communication, organization and interpersonal skills.
  • Ability to work in the office 2 to 3 days a week.

Pay: $79,000.00 – $92,700.00 per year

(inclusive of a merit-based bonus, dependent on years of experience, level of education obtained, location as well as applicable skillset) and an excellent benefits package, including a comprehensive benefit plan, generous employer match for 401k and employer paid Money Purchase retirement plan.

This position outline reflects the general responsibilities and level of work being performed by employees in this position. It is not intended to be an exhaustive list of all duties, responsibilities and qualifications of employees assigned to this position. Nothing in this position outline restricts management's rights to assign or reassign duties and responsibilities to this job at any time.

Job Tags

Full time, 2 days per week, 3 days per week,

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