GBS Voluntary Benefits Experienced Underwriter
New York Life Insurance Company is dedicated to providing comprehensive insurance and absence management solutions. The GBS Voluntary Benefits Experienced Underwriter will evaluate employer group characteristics and plan designs to determine appropriate rates and underwrite new business opportunities in Accident Insurance, Critical Illness, and Hospital Indemnity products. Responsibilities Evaluate and interpret data from numerous sources, including group demographics, industry research, and other actuarial tools, to develop a risk assessment of each employer group Consult with sales reps and brokers to explain your analysis and work together to balance risk and profit Have opportunities for projects outside of quoting, such as serving as a technical expert for our tools, identifying and implementing new processes for efficiency or acting as a trainer or mentor to other underwriters Underwrite new business opportunities for New York Life Group Benefits Solutions Accident Insurance, Critical Illness, and Hospital Indemnity products Perform case specific risk assessments to develop appropriate premium rates for presale business to support growth and profitability goals Recommend strategies and plan designs to win new business opportunities. Proactively engage and consult with Sales partners and Enrollment team to drive successful enrollment results Manage a growing book of business, focused on attaining profitable growth, persistency, and earnings Partner with sales department and brokers to deliver customer presentations and act as financial consultant on case-specific issues Develop strategic recommendations related to market competition, products, and pricing Influence underwriting best practices and provide input to matrix partners on product development and pricing Act as a trusted resource and technical expert to team and matrix partners Represent Underwriting on projects and initiatives Skills Bachelor's degree in a business subject area preferred, or equivalent experience required Minimum of 1 year of Group Underwriting or other relevant experience required Ability to establish priorities, confirm and communicate decisions, work on multiple assignments, and adhere to deadlines Innovative thinker who is self-motivated to learn and look for ways to improve our process Comfortable dealing with ambiguity and willingness to pivot quickly when needed Ability to make effective decisions based on independent risk analysis and strong financial acumen Thorough knowledge of risk levers that influence market and competitive conditions Strong interpersonal skills that foster collaborative working relationships. Demonstrated ability to balance stakeholder and matrix partner goals to achieve optimal outcome Strong written and oral communication skills. Ability to analyze and explain complex ideas; persuade and negotiate effectively with the ability to deliver both internal and external presentations Highly organized and detail oriented. Able to manage time effectively and prioritize workload to meet deadlines Ability to lead discussions and deliver external presentations and analysis to a diverse client base Benefits Leave programs Adoption assistance Student loan repayment programs Company Overview For over 180 years, we’ve helped turn your biggest dreams into milestones that last a lifetime. It was founded in 1845, and is headquartered in New York, New York, USA, with a workforce of 10001+ employees. Its website is