Sr. Underwriter - Sr. Underwriter - Group Health Underwriting

Are you passionate about being part of a team that delivers extraordinary care to help individuals and businesses prepare for and protect their retirement? If so, then Nationwide Financial could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

We are looking for a candidate with the following skills/experience:

• Underwriting experience: At least 4 years of underwriting experience, preferably in the group discipline.

• Strong communication and interpersonal skills: Ability to effectively interact with team members, clients, and stakeholders.

• Fast learner: Quickly grasps new concepts and adapts to changing environments.

• Self-motivated: Takes initiative and works independently with minimal supervision.

• Enjoys a fast-paced environment: Thrives in dynamic settings and can handle multiple tasks simultaneously.

• Good with numbers: Proficient in numerical analysis and comfortable working with data.

• Undergraduate degree: Completed undergraduate degree preferred.

Location: If a candidate lives within 35 miles of the One Nationwide Plaza location, then they will be required to work a hybrid schedule with 2 days onsite per week. If a candidate lives outside of the 35-mile radius, then they are able to work remote, but may need to come onsite 1 day per month.

This role does not qualify for employer-sponsored work authorization.  Nationwide does not participate in the Stem OPT Extension program.

Internal Compensation Grade: E3

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Job Description Summary

Specialty insurance underwriting at Nationwide requires both superior analytic and exceptional communication skills. We work with our product and actuarial partners to bring brand new opportunities to our customers and our company. If you love numbers, niche products and are both self-motivated and self-reliant, we want to know more about you!

As a Senior Underwriter, you'll analyze, accept and accurately classify applications and renewals for special risk, accident, health insurance, life, disability and dental. You will be an essential part of our medical stoploss process.

Job Description

Key Responsibilities:

• Initiates, resolves, communicates and coordinates renewal action on in-force group policies, within authorization limits, and recommends action to be taken on others.

• Reviews financial data on traditional and alternate-funded renewals. Determines rate changes, funding arrangement/security required and prepares funding renewals.

• Reviews proposal requests. Requests information as needed according to established procedures and rejects ineligible risks.

• Reviews requests for traditional and alternate-funded proposals and relevant financial reports. Determines the appropriate funding alternatives and prepares and communicates quotes.

• Reviews and processes submissions on sold accounts. Recommends approval, declination and any necessary rate adjustment within authorized limits.

• Processes the issue of benefit revisions on in-force policies within authorization limits.

• Corresponds with the appropriate internal/external source to acquire additional information as necessary in the underwriting process.

• Assists with audits of program partners and internal underwriting staff.

• Acquires in-depth knowledge of all assigned product line contracts and associated forms.

• Monitors performance of assigned product lines and communicates results to supervisor.

• Reviews and analyzes underwriting referrals for new business and renewals from account executives and program partners and refers to manager if over authorization limit.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Group Underwriting Manager and does not have direct reports.

Typical Skills and Experiences:

Education: Undergraduate studies in business administration, math or insurance. Participation in, or attainmen