Associate Underwriter I

Symetra offers a thrilling chance to become part of our team as an Associate Underwriter I!

About the role

Underwrite new business accounts for Life, AD&D, Short Term Disability (STD), Family Medical Leave (FML), and Long Term Disability (LTD), typically covering 100 to 500 lives, with a focus on 100 to 250 lives. Work with other business partners on cross-sale opportunities to promote alignments within the Benefits Division's product portfolio. Support Symetra's sales, profitability, persistency, and growth goals by applying training and showing proficiency in risk evaluation and pricing.

What you will do

• Review Request for Proposal (RFP) submissions by verifying census data and plan information. Request additional information when needed.
• Develop and analyze manual ratings.
• Use historic premium and claims data, if applicable, with a credibility formula.
• Develop and communicate new business rate recommendations according to pricing targets and authority level.
• Underwrite large market inforce customer accounts (Life coverage for accounts over 500 lives, generally up to 1,000 lives; Supplemental Health generally up to 5,000 eligible lives).
• Process sold accounts and renewals following established procedures while managing a book of business.

• Develop and maintain positive relationships with Symetra sales, field and home office service and actuarial teams.
• Participate in projects and training initiatives as assigned. Maintain accurate and up to date reporting of assigned presales and renewals.

Compensation

Salary Range: $49,600 - $82,700 plus eligibility for annual bonus program.

Qualifications

Who You Are

• 4 year college degree or equivalent work experience required
• 0-2 years of cumulative, relevant experience

 

Why Work at Symetra

Here’s what some of our employees share about why they choose to work at Symetra:

"Just do it! Even if you feel like you may not be 100% qualified, apply. Sometimes we see potential in others that they cannot see in themselves. You may be overqualified, or you may be the "something special" we are looking for to bring a unique, fresh approach to our company." - Ruby S., Associate EDX Analyst

What we offer you

Benefits and Perks

We don’t take a “one-size-fits-all” approach when it comes to our employees. Our programs are built to make your life better both at work and at home.

• Flexible full-time or hybrid telecommuting arrangements.
• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%.
• Paid time away including vacation and sick time, flex days and ten paid holidays.
• Give back to your community and double your impact through our company matching.
• Want more details? Check out our Symetra Benefits Overview.

We empower inclusion
At Symetra, we aspire to be the most inclusive insurance company in the country. We're building a place where every employee feels valued, respected, and has opportunities to contribute. Inclusion is about recognizing our assumptions, considering multiple perspective, and removing barriers. We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our efforts here.   Creating a world where more people have access to financial freedom
Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we're guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they're buying, and we design products--and operate our company--to stand the test of time. We're committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom. For more information about our careers visit: https://symetra.eightfold.ai/careers   Work Authorization
Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain aut