Lead Underwriting Specialist

Job Classification :

Operations - Insurance Operations

Group Insurance is an operating unit within the U.S. Businesses Division that primarily focuses on creating distributing and administering a complex range of life disability and supplemental health insurance products for many top Fortune 500 companies. Prudential has been underwriting group insurance plans since 1916. Today our Group Insurance business unit is the nations second largest group life carrier and a leading disability carrier proudly servicing nearly 20000 clientsand insuring more than 20 million employees and their families. Group Insurance has operation centers across the United States.

The Lead Underwriting Specialist is accountable for underwriting Group Life Disability or Supplemental Health proposals renewals and on-going case activity in accordance with statutory regulations and existing underwriting policies and practices assessing risk and making and communicating decisions in a manner which contributes to the profitability of the product and reputation of the company.

What you can expect :

• Assesses calculates and specifies the conditions under which Prudential is willing to accept risk on Group Life Disability and / or Supplemental Health business for prospective and in-force customers. This includes but is not limited to the review and analysis of risk criteria demographic data financial data rating formulas case specific experience product filings and statutory requirements.
• Independently applies Underwriting judgment formulates pricing decisions negotiates within their authority limit and handles standard to complex reporting requests. Understands and applies current pricing strategy across the book of business.
• Confidently and effectively communicates point of view through both verbal and written communications and negotiates with internal / external partners in various roles including renewal / proposal positioning.
• Influences others through their behavior.
• Actively engages in supporting the positive consultative outcomes crucial to our long-term success identifying opportunities to provide consultative creative solutions and making recommendations.
• Creates accurate offers standard experience reports and / or evaluations projections for assigned accounts and may create detailed and customized reporting to support cases. May provide case specific information for multi-year planning efforts and makes projections based on emerging account experience and trends.
• Maintains updated records and case files in accordance with underwriting and records policies & procedures.
• Demonstrates an awareness of regional trends competitive landscape and factors that influence the marketplace and regulatory environment
• Actively supports the Leadership initiatives offering continuous guidance and proactively sharing expertise with others and serving as a resource for less experienced underwriters
• Demonstrates a strong ability to help others gain an understanding of the underwriting process including case reviews identifying training needs and developing and delivering training.
• Acts as a subject matter expert for medium / high complexity topics
• Actively participates in or leads projects which may be broader / cross-functional demonstrates an understanding of both the upstream and downstream impacts of changes within and outside of Underwriting.
• Directly supports management in the analysis and interpretation of portfolio profitability metrics and serves as a conduit to drive understanding throughout team.

What youll need :

What we offer you :

Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $107300.00 to $166400.00. Specific pricing for the role may vary within the above range based on many factors including geographic location candidate experience and skills.

Market competitive base salaries with a yearly bonus potential at every level .

Medical dental vision life insurance disability insurance Paid Time Off (PTO) and leave of absences such as parental and military leave .

401(k) plan with company match (up to 4%).

Company-funded pension plan.

Wellness Programs including up to $1600 a year for reimbursement of items purchased to support personal wellbeing needs.

Work / Life Resources to help support topics such as parenting housing senior care finances pets legal matters education emotional and mental health and career development.

Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.

Employee Stock Purchase Plan : Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period) after one year of service.

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program whereby an award if any depends on various factors including without limitation individual and organizational performance. To find out more about our Total Rewards package visit Work Life Balance Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Prudential Financial Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion national origin ancestry sex sexual orientation gender identity national origin genetics disability marital status age veteran status domestic partner status medical condition or any other characteristic protected by law.

If you need an accommodation to complete the application process please email .

If you are experiencing a technical issue with your application or an assessment please email to request assistance .

Required Experience :

IC

Key Skills

C#,Apache Web Server,Credit,Food & Beverage,Biology

Employment Type : Full-Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 107300 - 166400