Employee Benefits Underwriting Consultant

Sun Life U.S. is one of the largest providers of employee and government benefits, helping approximately 50 million Americans access the care and coverage they need. Through employers, industry partners and government programs, Sun Life U.S. offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance, and healthcare navigation. We have more than 6,400 employees and associates in our partner dental practices and operate nationwide.

Visit our website to discover how Sun Life is making life brighter for our customers, partners and communities.  

Job Description:

The opportunity:  

The Employee Benefits Underwriting Consultant lies in the Group Benefits Underwriting organization. This role focuses on underwriting renewal business under 2000 lives. In this role. you will apply standard underwriting principles and procedures to evaluate, rate and negotiate price on in-force business. Sun Life embraces a hybrid work model that balances in-office collaboration with the flexibility of virtual work.

How you will contribute:  

• Evaluate, price, propose rate and strategy for small to mid-market Dental, Vision, Life, Voluntary Life, STD, LTD, Absence Management & Supplemental Health in-force business within stated authority limits.

• Perform underwriting functions associated with manual and experience rating.

• Analyze information on industry, past claim history, financial conditions and other criteria.

• Evaluate, price and recommend proposal terms and strategy on business outside stated authority limits.

• Manage assigned workload to meet internal productivity and time service standards as well as field office priorities.

• Understand and articulate sales region-specific strategies and trends to drive sales results.

• Independent decision making on fundamental problems within specific rules and utilizing general underwriting guidelines.

• Effectively communicate decisions or additional requirements and rating results to the assigned offices.

• Resource for other underwriters and the field. 

• Analyzes information on industry, demographics, and other standard criteria.

• Determines level of risk based on well established guidelines.

• Quotes appropriate rates to field agents or brokers, maintaining an individual sales office assignment.

• Supports the identification and development of best practices workflows and procedures.

• Builds effective relationships with field distribution

• Partners effectively within the underwriting team and across other departments

• Participates in special projects as business needs require.

• Ensures timely and accurate financial tracking.

• Adheres to quality, authority and documentation guidelines.

What you will bring with you:  

• Ability to work with a diverse group of people

• 2+ years of Group Benefits Insurance experience, preferred

• Proficiency with Excel

• Ability to make risk decisions

• Strong written and verbal communication skills

• Ability to effectively negotiate/be persuasive

• Broad knowledge of assigned lines of business

• Independent decision making within underwriting rules and guidelines

• Ability to work independently as well as in a team environment

• Highly organized with ability to manage multiple tasks

• Demonstrated strong analytical and problem-solving skills

• Customer Service Orientation

• Strong interpersonal skills

• Ability to work with a diverse range of people

Salary:  

$60,000 - $90,000 

At our company, we are committed to pay transparency and equity. The salary range for this role is competitive nationwide, and we strive to ensure that compensation is fair and equitable. Your actual base salary will be determined based on your unique skills, qualifications, experience, education, and geographic location. In addition to your base salary, this position is eligible for a discretionary annual incentive award based on your individual performance as well as the overall performance of the business. We are dedicated to creating a work environment where everyone is rewarded for their contributions. 

Not ready to apply yet but want to stay in touch?