Spv, Group Underwriting APL

Company: American Fidelity
Location: Oklahoma City
Posted on: September 9, 2023

Job Description:

Description:
This is a fully remote position.

*Leads and manages underwriting team. Responsible for profitability of the group product block of business, serves as a resource to others in the resolution of complex problems and issues, negotiates and approves exceptions requests and orchestrate the decision making process between team members, sales, broker resources, actuaries and peer review committee. Responsible for the evaluation, risk selection and calculation of premium levels and plan designs that ensure Company profitability goals for the acquisition of profitable new cases and the profitable retention of in force cases. Responsible for ensuring all proposal and contractual documentation are accurate and compliant with state and federal manadated changes, in addition to Company required changes. Responds to requests for proposals for group products by pricing benefits and designing plans that meet the needs of the Customer and support Company initiatives to gain new Customers and retain current Customers. Assists in the development of new group products, services and strategies to improve or refine profitability, selection and retention of group products within employer groups and/or associations in approved industries and markets which result in profitable, controlled growth.

*Analyzes and interprets the performance of group products at the block, broker, large/unique/complex or group level through the use of BI tools and software, actuarial reports and other underwriting tools to ensure divisional targets for ROE and unit value are met, and if not, manages and leads department in execution and implementation of business plans, recommendations for group product renewals along with other value added initiatives designed to support Company initiatives and "Sales and Broker Resource" needs to drive profitable and controlled business growth. Participates and assists in executive management meetings to determine business plan for product and pricing changes. Has an advanced understanding of the underwriting mechanics and pricing for all types of group product risks. Consults with and responds to internal and external Customer questions regarding existing and prospective accounts to promote understanding of the--underwriting analysis performed in order to obtain and retain customer satisfaction. Represents--department in LEAN projects, policy administration system meetings, special projects and work collaboratively with management and organizational leadership.

*Demonstrates technical expertise in risk selection. Leads and manages underwriting team in the quoting and renewal of large, unique or complex cases and exception issues, demonstrates advanced understanding of the underwriting principals, mechanics and pricing for all group product, demonstrates advanced understanding and a high level of proficiency with business analytics and business intelligence tools use and/or needs and provide technical support, coaching, mentoring and/or training to Group Underwriter IV, Group Underwriter III, Group Underwriter II, Group Underwriter 1 and other Home Office Colleagues. Responsible for managing the coordination, implementation, documentation and approval of test scenarios associated with new products or changes within an existing product.--

*Compensation range: $83,810.37/yr to $124,547.91/yr, plus may be eligible for an annual discretionary company bonus.--Actual compensation within that range will be dependent upon the geographic location of the individual, the individual's skills, experience and qualifications. For more information on our organization and company benefits please visit our career site at www.americanfidelity.com/careers

Keywords: American Fidelity, Oklahoma City , Spv, Group Underwriting APL, Other , Oklahoma City, Oklahoma