Blue Cross Blue Shield of Massachusetts
Underwriting Specialist
Blue Cross Blue Shield of Massachusetts, Hingham, Massachusetts, us, 02043
Ready to help us transform healthcare? Bring your true colors to blue.
This position is eligible for the following: E-Worker, Mobile and Resident
What We Need:
The Underwriting Specialist is responsible for providing support to all Financial Underwriters. The Underwriting Specialist helps ensure accurate submission of prospect & preparation of quotes for New Business, completion of ERISA Form 5500 for external customer’s tax usage and verification of rating for all market segments for internal and external auditing. They work cross-functionally to coordinate key processes including underwriting participating guidelines, member underwriting participating guidelines, and member underwriting review. The Underwriting Specialist is the initial point of entry for all New Business Prospects submitted by Sales and prepared for quoting by New Business Underwriters.
Your Day to Day:
Monitor Underwriting inbox for new prospects, validate submissions to ensure contractual and regulatory compliance, communicate results of reviews to appropriate sales and underwriting teams, prepare initial quote documentation and start quote process via data entry into rating system.
Prepare and validate ERISA Form 5500 worksheets. Coordinate distribution dates and ensure communication of availability with Sales partners. Provide consistent follow-up to emails sent from sales, to ensure complete resolution to broker/account inquires on 5500 worksheets.
Assist in record competitive information based on quote submissions.
We’re Looking for:
Excellent organizational and analytical skills.
Excellent written and oral communication skills, with a professional presence.
Results-driven with a strong sense of urgency.
Ability to work Independently, in addition to working in a team environment.
Attention to detail and ability to communicate complicated issues.
Previous health insurance experience preferred but not required.
What You Bring:
High School diploma required \ An Undergraduate degree from an accredited college or university is preferred.
Strong PC skills, including required proficiency in with the following software: Microsoft Office
What You’ll Gain:
Joining a small team within Underwriting, will give you individual attention needed to develop new skills, form new relationships, all while having the flexibility needed to ensure work-life balance
Underwriting provides associates with many resources and tools, to help achieve personal and professional goals
Minimum Education Requirements:
High school degree or equivalent required unless otherwise noted above
LocationHinghamTime TypeFull time
Hourly Range: $29.58 - $36.16
The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.
This job is also eligible for variable pay.
We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
WHY Blue Cross Blue Shield of MA?
We understand that the confidence gap (https://www.theatlantic.com/magazine/archive/2014/05/the-confidence-gap/359815/) and imposter syndrome (https://www.braintreepayments.com/blog/overcoming-imposter-syndrome/) can prevent amazing candidates coming our way, so please don’t hesitate to apply. We’d love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It’s in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.
As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our Company Culture (https://careers.bluecrossma.org/us/en/culturepage) page. If this sounds like something you’d like to be a part of, we’d love to hear from you. You can also join our Talent Community (https://careers.bluecrossma.org/us/en/jointalentcommunity?applyType=JTC) to stay “in the know” on all things Blue.
At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work (https://careers.bluecrossma.org/us/en/how-we-work) " Page.
Voted as the highest in member satisfaction among Massachusetts commercial health plans by JD Power , Blue Cross Blue Shield of Massachusetts is a community-focused, tax-paying, not-for-profit health plan headquartered in Boston. We have been a market leader for over 75 years, and are consistently ranked among the nation's best health plans. Our daily efforts are dedicated to effectively serving our 2.8 million members, and consistently offering security, stability, and peace of mind to both our members and associates.
Our Commitment to You
We are committed to investing in your development and providing the necessary resources to enable your success. We are dedicated to creating a refreshing and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path. We take pride in our diverse, community-centric, wellness-focused culture and believe every member of our team deserves to enjoy a positive work-life balance.
Blue Cross Blue Shield of Massachusetts is an Equal Employment / Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or expression, or any other characteristics protected by law.
Blue Cross Blue Shield of Massachusetts will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with Blue Cross Blue Shield of Massachusetts's legal duty to furnish information.
This position is eligible for the following: E-Worker, Mobile and Resident
What We Need:
The Underwriting Specialist is responsible for providing support to all Financial Underwriters. The Underwriting Specialist helps ensure accurate submission of prospect & preparation of quotes for New Business, completion of ERISA Form 5500 for external customer’s tax usage and verification of rating for all market segments for internal and external auditing. They work cross-functionally to coordinate key processes including underwriting participating guidelines, member underwriting participating guidelines, and member underwriting review. The Underwriting Specialist is the initial point of entry for all New Business Prospects submitted by Sales and prepared for quoting by New Business Underwriters.
Your Day to Day:
Monitor Underwriting inbox for new prospects, validate submissions to ensure contractual and regulatory compliance, communicate results of reviews to appropriate sales and underwriting teams, prepare initial quote documentation and start quote process via data entry into rating system.
Prepare and validate ERISA Form 5500 worksheets. Coordinate distribution dates and ensure communication of availability with Sales partners. Provide consistent follow-up to emails sent from sales, to ensure complete resolution to broker/account inquires on 5500 worksheets.
Assist in record competitive information based on quote submissions.
We’re Looking for:
Excellent organizational and analytical skills.
Excellent written and oral communication skills, with a professional presence.
Results-driven with a strong sense of urgency.
Ability to work Independently, in addition to working in a team environment.
Attention to detail and ability to communicate complicated issues.
Previous health insurance experience preferred but not required.
What You Bring:
High School diploma required \ An Undergraduate degree from an accredited college or university is preferred.
Strong PC skills, including required proficiency in with the following software: Microsoft Office
What You’ll Gain:
Joining a small team within Underwriting, will give you individual attention needed to develop new skills, form new relationships, all while having the flexibility needed to ensure work-life balance
Underwriting provides associates with many resources and tools, to help achieve personal and professional goals
Minimum Education Requirements:
High school degree or equivalent required unless otherwise noted above
LocationHinghamTime TypeFull time
Hourly Range: $29.58 - $36.16
The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.
This job is also eligible for variable pay.
We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
WHY Blue Cross Blue Shield of MA?
We understand that the confidence gap (https://www.theatlantic.com/magazine/archive/2014/05/the-confidence-gap/359815/) and imposter syndrome (https://www.braintreepayments.com/blog/overcoming-imposter-syndrome/) can prevent amazing candidates coming our way, so please don’t hesitate to apply. We’d love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It’s in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.
As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our Company Culture (https://careers.bluecrossma.org/us/en/culturepage) page. If this sounds like something you’d like to be a part of, we’d love to hear from you. You can also join our Talent Community (https://careers.bluecrossma.org/us/en/jointalentcommunity?applyType=JTC) to stay “in the know” on all things Blue.
At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work (https://careers.bluecrossma.org/us/en/how-we-work) " Page.
Voted as the highest in member satisfaction among Massachusetts commercial health plans by JD Power , Blue Cross Blue Shield of Massachusetts is a community-focused, tax-paying, not-for-profit health plan headquartered in Boston. We have been a market leader for over 75 years, and are consistently ranked among the nation's best health plans. Our daily efforts are dedicated to effectively serving our 2.8 million members, and consistently offering security, stability, and peace of mind to both our members and associates.
Our Commitment to You
We are committed to investing in your development and providing the necessary resources to enable your success. We are dedicated to creating a refreshing and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path. We take pride in our diverse, community-centric, wellness-focused culture and believe every member of our team deserves to enjoy a positive work-life balance.
Blue Cross Blue Shield of Massachusetts is an Equal Employment / Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or expression, or any other characteristics protected by law.
Blue Cross Blue Shield of Massachusetts will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with Blue Cross Blue Shield of Massachusetts's legal duty to furnish information.