This job listing has expired and the position may no longer be open for hire.

Senior Group Underwriter (Remote Role) at Prudential Ins Co of America

Posted in Insurance 30+ days ago.

Type: Full-Time
Location: Newark, New Jersey





Job Description:

Job Classification:

Operations - Insurance Operations

Group Insurance is an operating unit within the U.S. Businesses Division that primarily focuses on creating, distributing, and administering a complex range of voluntary and worksite insurance products for many top Fortune 500 companies. Prudential has been underwriting group insurance plans since 1916. Today, our Group Insurance business unit is the nation’s second largest group life carrier and a leading disability carrier, proudly servicing nearly 20,000 clients—and insuring more than 20 million employees and their families. Group Insurance has operation centers across the United States.

For this role, Prudential is seeking people who:


  • Ability to handle a medium to high volume of low to medium complexity cases with minimal support.

  • Assesses, calculates, and specifies the conditions under which Prudential is willing to accept risk on group voluntary work site business for prospective and in-force customers. This includes, but is not limited to, the review and analysis of risk criteria, demographic data, financial data, rating formulas, case specific experience, product filings and statutory requirements.

  • Independently applies Underwriting judgment, formulates pricing decisions, negotiates within their authority limit, handles standard reporting requests, and has a strong command of rating/tools applications and policies and procedures.

  • Independently communicates and negotiates with internal partners.

  • Actively engages in supporting the positive consultative outcomes crucial to our long-term success

  • Creates accurate offers, standard experience reports and/or evaluations, projections for assigned accounts and handles more customized reporting requests.

  • Maintains updated records and case files in accordance with underwriting and records policies & procedures.

  • Demonstrates an awareness of regional trends, competitive landscape and factors that influence the marketplace and regulatory environment

  • Acts as a subject matter expert for low complexity topics.

  • May handle a limited number of customized reporting requests.

  • Serves as a resource for less experienced underwriters

  • Expected to contribute to projects as a team member

Qualifications:


  • Group underwriting experience with a focus on Voluntary Benefit underwriting, 3 or more years preferred

  • Bachelor’s degree or equivalent work experience

  • Ability to work independently

  • Strong time management and organizational skills

  • Excellent oral and written communication skills

  • Ability to prioritize work with limited oversight

  • Results and profit oriented Strong Analytical and mathematical skills.

  • Proficient with Microsoft Office, particularly Outlook, Word, and Excel

Please note: This role will require less than 10% travel to off-site meetings and conferences.

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $61,400.00 to $91,300.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law. 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.





More jobs in Newark, New Jersey


The Judge Group Inc.

Shaner Hotel

Shaner Hotel
More jobs in Insurance


Allied World

Allied World

Wintrust Financial Corporation