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Technical Underwriter

Technical Underwriter

NovacoreConshohocken, PA, US
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Technical Underwriter

The Technical Underwriter is an essential member of our Underwriting Team, involving daily communication and collaboration with a team of Underwriters, responsible for evaluating risk and determining the appropriate insurance coverage. While prior experience and industry knowledge are important, a positive, can-do attitude is crucial. In this fast-paced industry, strong time management and problem-solving skills are the keys to success. This position is located at our Conshohocken, PA Home Office, operating on a hybrid schedule.

Responsibilities

Initial Rating-Prospects through verification of entered reinsurance terms, benefits, and counts :

  • List PPO Discount per charts for all carriers, verifying all required information
  • Enter Current or Renewal Terms
  • Input Aggregate Claims Experience and Shock information
  • Issuance of manual quotes through VP approval

Generate renewals- General Outline :

  • Check Benefits, reinsurance terms etc as with new RFPs
  • Send Off Initial Nurse Review
  • Run Renewal Reports
  • Complete Matrix
  • Enter Aggregate and Shock Claims
  • Check for reserves
  • Track Renewals
  • Provide email and phone coverage for partnered VP when out of the office, by means of simple requotes, and coordination of required underwriting coverage.

    Sold Case Processing- coordination of data retrieval, nurse review, SCT and apps.

    Binder and / or Disclosure Letter when needed.

    Coordinate Nurse Reviews as needed through the entire process from completing medical review form, submitting data, requesting risk management, continued follow up, etc.

    Qualifications

  • Bachelor's degree in risk management, Insurance, Business, preferred.
  • Can-do attitude is key; eagerness to jump in and roll up your sleeves.
  • 1-3 years' experience of MGU / Healthcare insurance underwriting.
  • Technical knowledge for underwriting level.
  • Intermediate to advanced Microsoft Office skills.
  • Skillful time management and the ability to manage multiple priorities, deadlines, and interruptions in a high-volume setting.
  • Work independently and as part of a team; maintain relationships with external customers.
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    Underwriter • Conshohocken, PA, US