Blue Cross Blue Shield of Arizona
Phoenix, Arizona, United States
Underwriter I-III
Job Description
Blue Cross Blue Shield of Arizona is a local, independent Blue Cross Blue Shield Association and a not-for-profit health insurance company headquartered in Phoenix. Founded in 1939, the company has more than 1,800 dedicated employees throughout its Phoenix, Tucson, Chandler and Flagstaff offices. Providing health insurance products, services and networks to more than 1 million Arizonans, Blue Cross Blue Shield of Arizona offers various health plans for individuals, families, and small and large businesses. Blue Cross Blue Shield of Arizona also offers Medicare supplement plans to individuals over age 65.
Blue Cross Blue Shield of Arizona helps to fulfill its mission of improving the quality of life of Arizonans by delivering a variety of health insurance products and services to meet the diverse needs of individuals, families, and small and large businesses as well as providing information and tools to help individuals make better health decisions.
- Determine appropriate and competitive premium levels for BCBSAZ new and existing local group business.
Level 1
- Determine new and renewal premium rates based on an accurate and complete analysis of pertinent data using approved underwriting procedures and company guidelines. Ensure compliance with legal and regulatory requirements
- Produce and maintain documentation to support underwriting recommendations and rate calculations
- Assist in training of sales representatives and brokers
- Communicate with internal stakeholders regarding renewals and prospective bids
- Assist in the development and implementation of new products and participate on small-scale projects
- Review and approve experience reports for retention accounting and retrospectively rated groups
- Review group master contract language and provide rate information to Legal as required
- Obtain required approvals for external calculations from Level 3 Underwriter or management prior to distribution
Level 2
- Provide analysis and recommendations for more complex groups and rating scenarios
- Communicate with internal and external stakeholders regarding renewals and prospective bids
- Demonstrate independent decision making and perform essential functions with minimal supervision
Level 3
- Provide analysis and recommendations for advanced rating scenarios and groups
- Participate / lead medium to large projects to implementation according to project plans
- Review and approve calculations completed by Level 1 Underwriters
- Mentor Levels 1 and 2 Underwriters
- Assist underwriting management with training
ALL LEVELS
- Each progressive level includes the ability to perform the essential functions of any lower levels and mentor employees in those levels.
- The position requires a full-time work schedule. Full-time is defined as working at least 40 hours per week, plus any additional hours as requested or as needed to meet business requirements.
- Perform all other duties as assigned.
Required Work Experience
Level 1- 1 year Experience working with MS Word and Excel
1 year Experience in mathematics, statistics, or business
Level 2-2 years Experience working with MS Word and Excel
3 years Experience in mathematics, statistics, or business
1 year Project management experience
Level 3- 4 years Experience working with MS Word and Excel
5 years Experience in mathematics, statistics, or business
2 years Project management experience
2 years Experience as an underwriter or actuarial analyst
Required Education
- High-School Diploma or GED in general field of study (Applies to All Levels)
Preferred Work Experience:
Level 1- 2 year Experience working with MS Word and Excel
2 year Experience in mathematics, statistics, or business
1 year Project management experience
1 years Experience as a group health underwriter or actuarial analyst
Level 2-5 years Experience working with MS Word and Excel
5 years Experience in mathematics, statistics, or business
5 year Project management experience
3 years Experience as a group health underwriter or actuarial analyst
3 years in a healthcare field
Level 3- 7 years Experience working with MS Word and Excel
7 years Experience in mathematics, statistics, or business
3 years Project management experience
5 years Experience as a group health underwriter or actuarial analyst
- Bachelor's Degree in business, mathematics, statistics, or related field of study. (Applies to All Levels)
- Active, current, and unrestricted AZ Department of Insurance Life & Health Insurance License
- Intermediate skill in use of office equipment, including copiers, fax machines, scanners and telephones (all levels)
- Intermediate PC proficiency (all levels)
- Basic proficiency in Excel, Word, and Access software (level 1)
- Intermediate proficiency in Excel, Word, and Access software (level 2)
- Advanced proficiency in Excel, Word, and Access software and programming (level 3)
- Basic knowledge of underwriting principles, guidelines, and methodologies
- Intermediate skill in mathematics and statistics
- General knowledge of the healthcare industry
- Knowledge of health benefit design and rating techniques
- Maintain confidentiality and privacy
- Communicate professionally to both internal and external customers.
- Prioritize tasks and work with multiple priorities, sometimes under limited time constraints
- Solve problems independently and draw accurate conclusions from limited data using basic underwriting techniques.
- Analytical knowledge necessary to generate reports based on available data and then make sound decisions based on reported data
Our Commitment
BCBSAZ does not discriminate in hiring or employment on the basis of race, ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected group.
Thank You
Thank you for your interest in Blue Cross Blue Shield of Arizona. For more information on our company, see azblue.com. If interested in this position, please apply.
Imagine doing life-changing work and helping more than one million Arizonans live healthier and longer lives. Thats the kind of satisfaction youll find when you work here. Our exceptional teams in Phoenix, Tucson, Chandler, and Flagstaff have been transforming healthcare for more than 80 years. Explore what's possible with a career at Blue Cross BlueShield of Arizona