Senior Analyst, Underwriter

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.

Position Summary

• Prepares and delivers moderately complex new business quotes, existing business renewals and/or conversion
• Complexity of work increases as technical skills progress.
• Independently reviews work for accuracy and recommends pricing and/or accounting alternatives based on financial analysis, underwriting principals, and business strategy. 
• Anticipates questions and formulate responses. 
• Utilizes advanced functionality of underwriting tools, systems, and reference materials to produce accurate quotes, renewals and/or accountings. 
• Applies underwriting guidelines and grants underwriting exceptions/financial variances for their assigned cases within the authority limit for the position. 
• Independently assists sales personnel in explaining rate/fee, accounting balance development and communicating underwriting policy. 
• May present information to employers, brokers and consultants.
• Produces timely and accurate customer specific documents, deliverables and accounting related information. 
• Ensures the pricing supports the quote/renewal strategy. 
• Assists department with projects or workgroups. Identifies and supports process improvement through automation or process change. 
• Conducts audits on fees and claim wires to ensure all receivables are accurate and accounted for.
• Tracks and approves customer allowances goals using compliance guidelines.
• Assists less experienced underwriters in development of technical skills or specific subject matter.

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Required Qualifications

• 2+ years of Underwriting experience
• 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

Preferred Qualifications

• Strong written and verbal communication skills

• Adept at collaboration and teamwork
• Adept at growth mindset (agility and developing yourself and others) skills

Education

• High school diploma/GED required.
• Bachelor's degree preferred/specialized training/relevant professional qualification.

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$46,988.00 - $112,200.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 
 

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include: