Aetna Sr Underwriting Consultant in Blue Bell, Pennsylvania
Req ID: 37885BR
The Senior Underwriting Consultant will support large plan sponsors in the National Accounts organization. This position could support our Renewal and/or New Business teams. The position will independently perform accurate analysis and risk assessment to produce sound financial responses/products in a timely manner. The person will provide superior service in support of writing new and/or renewing Aetna's Medical business and will include interaction not only with internal constituents but also directly with plan sponsors, brokers, and consultants.
Fundamental Components:· Independently assess risk factors, price appropriately for the risk, and will establish plan designs that position Aetna competitively. · Present the application of underwriting concepts and will be held accountable for decisions made on their accounts. · Make recommendations for alternate plan sponsor solutions. · Be knowledge and understanding of self-funded and fully insured arrangements is required.· Essential Functions:o Handle casework and issues autonomously using knowledge of Aetna's products/services and underwriting protocols. o Completes accurate financial analysis and risk assessment to evaluate specific strategic options and opportunities independently. Recommend and suggest alternatives. o Focus on quality while completing internal processes efficiently. o Manage multiple tasks and effectively prioritizes work.o Develop and deliver financial exhibits and documentation.o Independently negotiates and fully explains rate development, pricing components and application of underwriting policies while remaining conscious of financial objectives.o Proactively communicates technical concepts to internal and external constituents.o Collaborate and share information cross-functionally.o Mentors and coach others BACKGROUND/EXPERIENCE desired:· Minimum 5-7 years Medical Underwriting experience· Must have strong math aptitude· Must demonstrate analytical, critical thinking, and decision making skills· Proven ability to build strong cross-functional relationships with sales force and other internal organizations.· Knowledge and understanding of self-funded and fully insured arrangements is required.· Proven ability to facilitate and negotiate using tact and diplomacy. · Experience with Microsoft Excel required. · Experience using Microsoft Office programs is required.
The highest level of education desired for candidates in this position is a Bachelor's degree.
Functional - Underwriting/Renewal - group medical/4-6 Years
Functional - Underwriting/Pricing methodologies (manual, experience, blended, alternate, etc.)/4-6 Years
Functional - Underwriting/Multiple product types/4-6 Years
Functional - Underwriting/New business - group medical/4-6 Years
Technical - Desktop Tools/Microsoft Word/4-6 Years/End User
Technical - Desktop Tools/Microsoft PowerPoint/4-6 Years/End User
Finance/Creating Profitable Customers/ADVANCED
General Business/Maximizing Work Practices/ADVANCED
Leadership/Developing and Executing Strategy/ADVANCED
Finance/Delivering Profit and Performance/ADVANCED
General Business/Communicating for Impact/ADVANCED
Leadership/Collaborating for Results/FOUNDATION
Telework considered only for unique circumstances
ADDITIONAL JOB INFORMATION
Aetna is about more than just doing a job. This is our opportunity to re-shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.
We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.
Together we will empower people to live healthier lives.
Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.
We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.
Benefit eligibility may vary by position. Click here to review the benefits associated with this position.
Job Function: Underwriting