Underwriting Leadership Development Program

At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

• Supports the company's ability to achieve its financial and strategic goals through effective underwriting, including identifying, evaluating, and managing risk in order to maximize revenue, membership and earnings. Performs underwriting analysis and risk assessment for new and renewal of large group contracts and accountings. Assigns cases and books of business, funding arrangements and rating methodologies applying baseline experience and skill development.
  
  What you will do
  • Helps establish and implement results-based programs and innovative initiatives for the ULDP I area, under direct supervision.
  • Completes simple business impact assessments based on forecasted changes within the ULDP I field to support the development of modification strategies.
  • Prepares and delivers routine to moderately complex new business quotes and existing business renewals and accountings, assessing ongoing complexities of work as team technical skills progress and grow.
  • Reviews work for accuracy, collaborating with mentors and managers to recommend pricing and accounting balance alternatives based on financial analysis, underwriting principals, and business strategy.
  • Utilizes basic functionalities of key underwriting tools, systems, and reference materials to produce accurate quotes, renewals, and accountings.
  • Progresses through product rotations in accordance with developmental plans, to successfully complete all required training and program activities.
  • Takes direction to execute techniques, processes, and responsibilities.
  
  For this role you will need Minimum Requirements
  • Working knowledge of collaboration and teamwork
  • Working knowledge of execution and delivery (planning, delivering, and supporting) skills
  • Working knowledge of business intelligence
  • Working knowledge of problem solving and decision making skills
  • Adept at growth mindset (agility and developing yourself and others) skills
  • 0-2 years work experience
  
  Education
  • Bachelor's degree preferred.
• Requisition Job DescriptionRequisition Job Description

  Position Summary

  The Underwriting Leadership Development Program is a full-time, dynamic, 4.5 year rotational program designed to develop individuals entering the Underwriting field into future leaders. The program provides you with rotations across a variety of business units including Commercial, Government, International businesses, and other business units. The program allows you to:

  • Price new and existing business with the goal of selling and retaining profitable customers
  • Act as a strategic partner to support overall management of your book of business
  • Work with internal partners in sales and account management to negotiate pricing, create benefit plan designs and cross sell additional products/programs in support of our customers
  • Collaborate with actuarial to refine pricing based on changes in future medical costs, trends and customer specific data
  • Participate in leadership development opportunities such as networking, solution-focused business projects and career coaching and feedback.

  
  You will participate in:

  • Three, eighteen-month rotations across Underwriting business segments
  • Formal classroom and on the job training
  • Projects that contribute to the success of our business
  • Community service and culture initiatives
  • Mentorship and networking opportunities
  • Interaction with senior leaders

  Relocation: CVS Health follows a hybrid work model providing office-based colleagues the ability to flex between working in the office and working from home based on the work you need to accomplish. Relocation assistance will be provided for candidates that need to move over 50 miles.

  Office Location:

  Hartford, CT

  Chicago, IL (By approval only)

  Work visa sponsorship is not available for this role. This includes participation in Curricular Practical Training (CPT), Optional Practical Training (OPT),