Sr. Underwriter

Symetra has an exciting opportunity to join our team as a Senior Underwriter!

About the role

Underwrite new business and renewal accounts for Life, AD&D, Short Term Disability (STD), Family Medical Leave (FML) and Long-Term Disability (LTD), typically between 1,500 and 10,000 lives. Contribute to the achievement of Symetra's sales, profitability, persistency and service goals. Provide training and mentoring to Underwriting team and other departments; manage projects and training initiatives.

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What you'll do in this role

• New Business Pricing - analyze competitor claim experience to develop experience rate, run manual rate and combine in accordance with credibility formulas to determine appropriate rate levels for new business accounts using a variety of rating and funding methods.

• Review plan and process design, recommend changes and calculate rates for requested or recommended changes.

• Develop and communicate new business rate recommendations in accordance with the level of authority.

• Process sold accounts following established procedures. Account size primarily between 1,500 and 10,000 lives and sales expectations of $4.5 MM per year.

• Renewal Pricing and Book of Business Management - analyze Symetra claim experience to develop experience rate, run manual rate and combine with credibility formulas to determine appropriate rate levels for in force accounts using a variety of rating and funding methods.

• Develop renewal package with experience and rate analysis, renewal decision, plan and process change recommendations and experience summary.

• Monitor assigned book of business to balance profitability and persistency and initiate actions to improve experience when necessary.

• Process sold renewals following established procedures. Block size of approximately 25 accounts primarily between 1,500 and 10,000 lives worth approximately $17 MM annual premium.

• Relationships - develop and maintain positive relationships with Symetra sales, field and home office service, actuarial and claims teams. Visit sales offices for training and expanding sales activity and assisting in sale of renewals. Develop and maintain relationships with producers, clients and reinsurance partners including running external meetings. Approximately 5-6 trips per year.

• Provide competitive feedback on rates and products to management.

• Projects, Mentoring and Reporting - manage projects and training initiatives as assigned. Develop improvements in underwriting practices, pricing and marketing strategies.

• Act as mentor to junior underwriters and analysts through training, answering questions and reviewing accounts that exceed their authority levels.

• Assist in interviewing and hiring of new staff members. Maintain accurate and up to date reporting of assigned presales and renewals.

What we offer you

"If you want to invest in yourself and build a career, this is a great place to work. If you don't want to put in the effort to learn the industry and become a student of the business (it takes real effort!), there are easier places to work."Cris H. - AVP Internal Sales, Training and Development

"Symetra is inclusive of all employees regardless of their personal differences."Darrell J. - Actuary III

"Symetra values learning. Symetra has so many resources - whether that is the Student of the Business courses, sponsorship of professional certifications, or just individual employees being so willing to teach and answer questions."Felicia D. - Financial Reporting Lead Senior Analyst

Benefits and Perks

We don't take a "one-size-fits-all" approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.

• Flexible full-time or hybrid telecommuting arrangements
• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
• Paid time away including vacation and sick time, flex days and ten paid holidays
• Give back to your community and double your impact through our company matching
• Want more details? Check out ourSymetra Benefits Overviewopens a pdf file

Compensation

Salary Range: $ 85,400- $142,300 plus eligibility for annual bonus program

Who you are

• Outstanding analytical and technical skills.
• Strong Excel, Word and Power Point skills.
• Ability to act independently, be consultative, negotiate and make decisions within authority limits, recommendations outside of authority limits.
• Strong interpersonal and written communication skills.
• Ability to travel and make/run presentations to clients and producers and represent Symetra at industry events.
• Significant knowledge of employee benefits. Service oriented with commitment to meet deadlines. Strong teamwork orientation.
• High School diploma or equivalent experience required

We empowerinclusion.

At Symetra,we aspire to be the most inclusive insurance company in the countrywe're building a place where every employee feels valued, respected, and has opportunities to contribute. Inclusion is about recognizing our assumptions, considering multiple perspectives, and removing barriers.

We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our effortshere.

Creating a world where more people have access to financialfreedom.

Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we're guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they're buying, and we design products-and operate our company-to stand the test of time. We're committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom.

For more information about our careers visit:

https://symetra.eightfold.ai/careers

Work Authorization

Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.

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