Senior Group Underwriter

Job Classification:

Operations - Insurance Operations

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

Group Insurance is an operating unit within the U.S. Businesses Division that primarily focuses on creating, distributing, and administering a complex range of supplemental health, life, and disability insurance products for many top Fortune 500 companies. Prudential has been underwriting group insurance plans since 1916. Today, our Group Insurance business unit has operation centers across the United States and is the nation’s second largest group life carrier and a leading supplemental health and disability carrier, proudly servicing nearly 20,000 clients—and insuring more than 20 million employees and their families.

The Association Team, a cornerstone of our Group Insurance division for over 75 years, is dedicated to serving an array of membership groups, including bona-fide Associations, discretionary groups, credit unions, labor organizations and trade associations. Our team collaborates closely with association and affinity groups, along with their administrators and brokers, to deliver tailored solutions that enhance and safeguard the financial well-being of their members and their families. We are devoted to educating and inspiring our members, providing solutions that align with their current life stages and future aspirations.

We are seeking a dedicated and detail-oriented Senior Group Underwriter to join the Association team. The successful candidate will play a crucial role in evaluating and underwriting Group insurance Life, Disability, Supplemental Health or Special Risk proposals, renewals, and on-going case activity in accordance with statutory regulations and existing underwriting policies and practices.

The role includes assessing risk, making and communicating decisions in a manner which contributes to the profitability of the product and reputation of the company.

The current employee work arrangement for this position is dependent on the business preferences and your location, potentially requiring your on-site presence on occasion at a Prudential office.

What you can expect:

• Assesses, calculates, and specifies the conditions under which Prudential is willing to accept risk on group supplemental health, life and disability 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, handles standard reporting requests, and has a strong command of rating/tools applications and policies and procedures.

• Able to prioritize and balance multiple competing priorities independently.

• Independently communicates and negotiates with internal partners.

• Actively engages in supporting the positive consultative outcomes crucial to our long-term success.

• Creates accurate offers, standard experience reports and/or evaluations, projections for assigned accounts and handles more customized reporting requests.

• 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.

• Acts as a subject matter expert for low complexity topics.

• May handle a limited number of customized reporting requests.

• Serves as a resource for less experienced underwriters.

• Expected to contribute to projects as a team member.

What you’ll need:

• Bachelor’s degree or equivalent work experience.

• Group Life, Disability and/or Supplemental Health underwriting experience, preferably 3+ years.

• Experience working with Association / Affinity groups preferred, although not required.

• Ability to work independently.

• Strong time management and organizational skills.

• Ability to prioritize work with limited oversight.

• Results and profit oriented.

• Strong Analytical and mathematical skills.

• Proficient with Microsoft Office and email software.

• Excellent Excel skills.

• Working knowledge of applicable underwriting tools (internal).

• Excellent communication and collaboration ski