Associate Underwriter at VSP Vision. Location Information: . Prepare group renewal quotes. Audit experience reporting systems. Perform review and risk analysis of rate factors using historical and projected data and makes recommendations to achieve PLR target. Complete analysis as requested by management in support of setting strategic direction.. Calculate standard group renewals with standard plan-specific benefits, following established underwriting formulas and utilizing experience reports to achieve underwriting paid/loss targets. Provide analysis to confirm standard plan factors used in quote preparation are accurate. Examine experience reports and other client data reports to ensure integrity and accuracy of group data based on business guidelines; reports any issues found in the experience reports. Assist Underwriters with calculation of quotes and plan-specific rates, and assists in preparing relevant plan and rate documents. Support Underwriting Analysts in providing data and reporting necessary for regulatory reporting. Monitor and prepare routine monthly reports on sold business versus underwriting rates to assess the projected financial impacts. Support studies and projects related to the underwriting function to update accuracy of base data. Perform review of peer and automated rating tool rate calculations to ensure business guidelines are followed and data is reasonable and consistent. Collect, study, and review documentation pertaining to risk cases. Prepare routine reports that outline client administrative and claim financial results. Develop understanding of underwriting systems, both automated and manual, as well as dependencies to the system. Acquire knowledge of other systems, such as product, revenue and claims, that directly impact underwriting objectives. Participate in projects affecting the underwriting systems including user-end testing of rating tools and systems to ensure accurate rating and plan benefits display. Make recommendations for rating tool updates or corrections. Job Specifications. Typically has the following skills or abilities:. Bachelor’s degree in Finance, Accounting, Statistics, Mathematics, or in lieu of degree 4 years functional experience. One year of underwriting experience preferred. Familiarity with SQL and Power BI preferred. Developing analytical and problem solving skills. Professional verbal and written communication skills. Competent in using spreadsheet applications. Proven accuracy and careful attention to detail. Ability to multi-task and meet deadlines. Ability to regularly exercise discretion and independent judgment in performance of his/her job duties. Clean credit history as reported by credit report. For roles that are remote (i.e., Work From Home (WFH)) or hybrid (i.e., partial onsite at a VSP location and WFH), must demonstrate a high level of engagement in virtual environments, including maintaining camera presence during meetings to support effective communication and team alignment. #LI-VISIONCARE. Compensation. range for the role is listed below. . Applicable salary ranges may differ across markets.. Actual pay will be determined based on experience and other job-related factors permitted by law. . As a part of the compensation . package, this role may include eligible bonuses and commissions. For more information regarding VSP Vision benefits, please . click here. .. Salary Ranges: $58,656.00 - $80,253.00. VSP Vision is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to age, gender, race, color, religion, sex, national origin, disability or protected veteran status. . . We . maintain. a drug-free workplace and perform pre-employment substance abuse testing.. Unincorporated LA County Residents: . Qualified Applicants with arrest or conviction records will be considered for employment . in accordance with. the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act, and any other similar laws.. Notice to Candidates: Fraud Alert - Fake Job Opportunity Solicitations Used to Collect Fees/Personal Information. . We have been made aware that fake job opportunities are being offered by individuals posing as VSP Vision and affiliate recruiters. . Click here . to learn about our application process and what to watch for regarding false job opportunities. . As a regular part of doing business, VSP Vision (“VSP”) collects many different types of personal information, including protected health information, about our audiences, including members, doctors, clients, brokers, business partners, and employees. VSP Vision employees will have access to this sensitive personal information and are subject to . follow. Information Security and Privacy Policies.
Associate Underwriter at VSP Vision