Underwriter
Principal Financial Group is a leader in financial services, dedicated to making financial security accessible to everyone. As an Underwriter, you will evaluate risks and underwrite group insurance cases, ensuring data accuracy and serving as a technical resource for processes and operations.
Responsibilities
- Assess risk/liability and calculate/negotiate rates on cases by analyzing industry, demographics, claim history, and plan build
- Obtain and assess necessary information for support functions to verify that all data is logical, comprehensive, and exact
- Inspect data, adjust errors, and conduct calculations
- Manage and disseminate information when needed
- Serve as a technical expert for specialized processes by responding to inquiries, suggesting solutions, and supporting other team members
- Research and answer standard risk-related questions, providing information and recommendations to internal and external customers
- Participate in special projects concerning operational issues, systems, and processes
- Assist with training on process changes
- Perform other job-related duties or special projects as required
Skills
- Bachelor's degree or equivalent required
- Must have strong planning/organizational, problem-solving, analytical, time management, decision-making, and oral and written communication skills
- Must have general math skills
- Must be able to maintain accuracy while being detail oriented
- Ability to maintain confidentiality is required
- Travel may be required (5%), including overnight stays
- 0 - 2 years underwriting or insurance experience preferred
- Basic knowledge of business unit products
- Computer skills and knowledge of business unit applications preferred
Benefits
- Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period.
- Pension Eligible
Company Overview