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Underwriter

Date Posted: Apr 3, 2021

Location: Wilmington, DE, US, 19801 Aurora, IL, US, 60504

Company: MetLife

Role Value Proposition: 

MetLife has the capabilities, resources, and experience to deliver world-class benefits to expatriates.  We are uniquely positioned to become the leading global employee benefits provider.  We have a strong global footprint in medical, life, and pensions and are investing globally, regionally, and locally to significantly grow our business. 

 

The Underwriter will provide underwriting and pricing approvals for new business and renewals of expatriate benefit products including medical, life LTD, and/or dental for cases with 10-100 lives.

 

Key Responsibilities:  

  • Provides pricing and plan design authority for cases with a total annualized premium of $250,000 or less once released from oversight.
  • Analyzes risk by running manual rate calculations or preparing experience rated quotes. 
  • Works with sales offices to ensure cases are rated appropriately prior to approval. 
  • Underwrites new business quotes by analyzing financial and plan design information to decide whether to accept risk and at what premium level. 
  • Underwrites renewals by reviewing current plan’s premium history, claims history, and company financial condition to determine appropriate renewal action.  Manages a portfolio of low level complexity. 
  • Prices and offers plan changes, produces experience reports, and responds to broker and customer inquiries. 
  • Updates databases with quote and sales information to track results. 
  • Assists in the implementation process by verifying quoted plan design information. 
  • Prices plan changes upon request. 
  • Meets or exceeds specified metrics for completion of new business quotes and renewals. 
  • Performs other duties as requested or assigned.

 

Essential Business Experience and Technical Skills:

Required:

  • 2-4+ years of relevant business experience
  • Excellent written and oral communication skills.
  • Ability to work under pressure and meet tight deadlines.
  • Strong customer service skills.
  • High level of organization skill and the ability to prioritize and multi-task.
  • Strong Excel and personal computer skills.
  • Ability to adapt to change.
  • Team player.


Preferred:

  • Bachelor's degree preferred.
  • Group Insurance experience/knowledge highly desired.

 

Business Category

Global Employee Benefits

 

Number of Openings

1

 

 

At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.


 

MetLife:

MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

 

We are one of the largest institutional investors in the U.S. with $651 billion of total assets under management as of September 30, 2020. We are ranked #48 on the Fortune 500 list for 2020. In 2019, we were named to the Dow Jones Sustainability Index (DJSI) for the fourth year in a row. DJSI is a global index to track the leading sustainability-driven companies.

 

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.

 

We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife.  For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.

 

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

 

MetLife maintains a drug-free workplace.

 

Requisition #: 116256

 


Nearest Major Market: Wilmington
Nearest Secondary Market: Philadelphia