Senior Underwriting Associate (Fully Remote)
CVS Pharmacy - Trenton, NJ
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Job DescriptionThis position can be Work From Home anywhere in the United States. - Performs underwriting analysis, risk assessment for new and/or renewal of large group contracts and accountings. - Assigned cases/book of business may be limited to a single (or minimal number of) products, financial arrangements and/or rating methodologies.- Prepares and delivers routine new business quotes and/or existing business renewals and/or accountings. Complexity of work increases as technical skills progress- Reviews work with mentor/manager and respond to requests for pricing and/or accounting balance alternatives based on financial analysis, underwriting principals and business strategy.- Utilizes basic functionality of underwriting tools, systems, and reference materials to produce accurate quotes, renewals and/or accountings.- Applies underwriting guidelines and escalates underwriting exceptions/financial variances for their assigned cases to the appropriate level.- With supervision, assists sale personnel in explaining rate/fee, accounting balance development and communicating underwriting policy- Produces timely and accurate customer specific documents, deliverables and accounting related information.- Conducts audits on premiums, fees and claim wires to ensure all receivables are accurate and accounted for. Tracks customer allowances or MBE/WBE goals using compliance guidelines.- Assists department with projects or participate in work groups.- Experience working with standard Microsoft Office products.#AetnaUWPay RangeThe typical pay range for this role is:Minimum: 18.50Maximum: 33.65Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors, including location.Required Qualifications- Demonstrated success prioritizing work and the ability to multi-task in a fast paced environment. - Demonstrated success in a production oriented environment meeting or exceeding production targets.- Demonstrated success in collaborating with others to meet/exceed expectations.COVID RequirementsCOVID-19 Vaccination RequirementCVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated. You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.Preferred Qualifications- Experience related to insurance, rating or underwriting- Experience working with standard Microsoft Office ProductsEducation- Bachelor's degree or equivalent experience.Business OverviewBring your heart to CVS HealthEvery one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver.Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.
Created: 2024-10-19