Consultant, Group Underwriting II (Dental and Supplemental Health)

Alternate Locations: Work from Home; Atlanta, GA (Georgia); Charlotte, NC (North Carolina); Dover, NH (New Hampshire); Fort Wayne, IN (Indiana); Omaha, NE (Nebraska); Phoenix, AZ (Arizona); Radnor, PA (Pennsylvania); US All Regions

 

 Work Arrangement:

Hybrid/Flexible : Work at home and use the office as appropriate for in-person collaboration.

 

Relocation assistance:  is not available for this opportunity.

 

Requisition #: 73560

 

The Role at a Glance

As a Group Underwriting Consultant II on the Specialty Health team,  you will be responsible for underwriting Lincoln’s Supplemental Health (Accident, Critical Illness, Hospital Indemnity) and Dental/Vision products. You will perform and deliver on routine assignments / projects while simultaneously leveraging and applying your knowledge.  You will be responsible for more complex risks and expected to work independently and as part of a team.  You will assess financial risks related to insurance products, determine price at which LFG will accept risks, alter coverage plans/levels based on risk & pricing, and bind LFG in transactions for insurance products. You will determine whether to accept or reject a risk based on your analysis of the customer’s information.
 

What you'll be doing

• Reviews complex new business and renewal requests for proposals/coverage(s) for Supplemental Health and Dental.
• Recommends potential modifications in complex coverage(s) and/or coverage levels on insurance products based on customer's price range.
• Adds complex amendments/ACRs for their assigned lines of coverage and segment(s).
• Analyzes complex customer data & information to independently determine the price, within a wider range of authority, at which to accept the risks posed by sales.
• Negotiates complex benefits & pricing on non-experienced rated & experienced rated cases with brokers & representatives.
• Mentors non-Specialty Health underwriters on Supplemental Health and Dental/Vision products.   
• Analyzes financial health, performance, operations, and personnel levels of customers to determine if additional safeguards or conditions should be included in pricing and risk assessment.
• Independently determines if requests for coverage should be rejected based on their risk assessment.
• Binds LFG in financial transactions within their scope of authority by committing LFG to provide insurance coverage at their determined rates.
• Independently prepares and determines coverage & pricing proposals, renewals, amendments through analysis of customer data & information received from quote requests from brokers & marketing representatives.
• Liaises with operational teams to ensure accurate preparation of plans with appropriate coverage level(s) & pricing.
• Meets with brokers and sales teams to develop relationships, discuss target markets and potential pricing approaches to expand market share.
• Adheres to departmental and compliance documentation & reporting requirements.
• Assists with other assignments/projects as needed during peak and off-season.
• Maintains knowledge on current and emerging developments/trends, assesses the impact, and collaborates with management to incorporate new trends and developments in current and future solutions.
• Champions and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives within.
• Serves as a resource to team members and applicable internal/external stakeholders on more complex assignments/projects.
• Identifies and recommends process improvements that significantly reduce workloads or improve quality.
• Consults/Analyze on more complex assignments and/or projects.

What we’re looking for

Must-Haves:

• 4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) (Minimum Required)
• 3-5+ Years of Supplemental Health and/or Dental underwriting experience (Dental strong preferred)
   

Application Deadline

Applications for this position will be accepted through 10/20/24 subject to earlier closure due to applicant volume.

 

What’s it like to work here?

At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own fut