CVS Health
Senior Underwriting Associate
CVS Health, Hartford, Connecticut, us, 06112
Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.Position SummaryWorks to support the company's ability to achieve financial and strategic goals through effective underwriting protocols and standards, identifying, evaluating, and managing risk to maximize revenue, membership, and earnings. Performs underwriting analysis and risk assessment for new and renewal of large group contracts and accountings at a proficiency level. Reviews assigned cases within the department's book of business including multiple product types, funding arrangements and rating methodologies. Supports Managers and Directors in managing the day-to-day underwriting team tasks, goals, and responsibilities.
What you will doExecutes both routine and non-routine business support tasks for the Senior Underwriting Associate area under limited supervision, referring deviations from standard practices to managers.Follows area protocols, standards, and policies to provide effective and timely support.Prepares and delivers routine new business quotes, as well as existing patient business renewals coupled with proprietary accounting records.Coordinates the detailed reviews of patient records, collaborating with mentors and managers to effectively respond to requests for pricing and accounting balance alternatives, based on financial analysis, underwriting principals and business strategy.Assists sales personnel in explaining medical line-item rates and fees, and collective accounting balances, as well as progressing the development and communication of underwriting policy.Takes direction to execute techniques, processes, and responsibilities.
Required Qualifications1+ years work experience in a professional setting (internships are applicable)Working knowledge of problem solving and decision making skills
Preferred QualificationsHealth insurance industry experience/knowledge.EducationHigh school diploma or equivalent required.Bachelor's degree preferred.Pay RangeThe typical pay range for this role is:$18.50 - $37.02 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.
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company
policies.
For more detailed information on available benefits, please visit
jobs.CVSHealth.com/benefitsWe anticipate the application window for this opening will close on:
03/14/2024 CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through
ColleagueRelations@CVSHealth.com
If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.
#J-18808-Ljbffr
Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.Position SummaryWorks to support the company's ability to achieve financial and strategic goals through effective underwriting protocols and standards, identifying, evaluating, and managing risk to maximize revenue, membership, and earnings. Performs underwriting analysis and risk assessment for new and renewal of large group contracts and accountings at a proficiency level. Reviews assigned cases within the department's book of business including multiple product types, funding arrangements and rating methodologies. Supports Managers and Directors in managing the day-to-day underwriting team tasks, goals, and responsibilities.
What you will doExecutes both routine and non-routine business support tasks for the Senior Underwriting Associate area under limited supervision, referring deviations from standard practices to managers.Follows area protocols, standards, and policies to provide effective and timely support.Prepares and delivers routine new business quotes, as well as existing patient business renewals coupled with proprietary accounting records.Coordinates the detailed reviews of patient records, collaborating with mentors and managers to effectively respond to requests for pricing and accounting balance alternatives, based on financial analysis, underwriting principals and business strategy.Assists sales personnel in explaining medical line-item rates and fees, and collective accounting balances, as well as progressing the development and communication of underwriting policy.Takes direction to execute techniques, processes, and responsibilities.
Required Qualifications1+ years work experience in a professional setting (internships are applicable)Working knowledge of problem solving and decision making skills
Preferred QualificationsHealth insurance industry experience/knowledge.EducationHigh school diploma or equivalent required.Bachelor's degree preferred.Pay RangeThe typical pay range for this role is:$18.50 - $37.02 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.
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company
policies.
For more detailed information on available benefits, please visit
jobs.CVSHealth.com/benefitsWe anticipate the application window for this opening will close on:
03/14/2024 CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through
ColleagueRelations@CVSHealth.com
If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.
#J-18808-Ljbffr