Underwriting Technician

Job description

Let’s change healthcare together!

At Optimyl Benefits, we’re revolutionizing the healthcare landscape for small employers by providing accessible, high-quality, and easy-to-use healthcare plans. Drawing from deep experience working with small employers, Optimyl delivers plans crafted specifically for them, finding the “Optimyl” Balance.  Our mission is ambitious, and we’re already making waves. Through our innovative solutions, we empower businesses to offer competitive benefits packages that improve the lives of their employees and their families. By joining our team, you’ll have the opportunity to make a tangible impact while honing your skills alongside a supportive and talented group of professionals.

Job Summary:

Optimyl Benefits is seeking an Underwriting Technician to assist our Underwriters in the quoting and submission process for Optimyl’s Medical stop-loss business. This position does not include the authority to bind business. However, the position is considered an entry-level opportunity that can lead to a career in underwriting. The Position:

• Prepare new business submissions, including analysis of needed information for underwriters to review and quote.
• Prepare census and run reports using external data sources that inform our underwriting.
• Collect, organize, and audit new business and renewal submissions for compliance with Underwriting Guidelines, pricing, and accurate, fully executed contractual instruments.

Essential Responsibilities:

• Customer service – correspond with Sales and external Optimyl partners, requiring professional and responsive phone and email communications.
• Manage the RFP workflow by compiling information and reports needed to underwrite quotes.
• Process and maintain orderly electronic underwriting files for accuracy and completeness.
• Perform quality work within deadlines with or without direct supervision.
• Interact professionally with other employees, brokers, and suppliers.
• Work effectively as a team contributor on all assignments.
• Work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.
• Adhere to company guidelines, policies, and procedures.
• Uses various systems, tools and resources to obtain necessary data and accurately complete and track assigned work.
• Other duties may be assigned as the business continues to develop.
• Load eligibility and medical information in Optimyl’s application software in preparation for Underwriter risk assessment and pricing.

Qualifications:

• Bachelor’s degree or Associate degree with relevant experience is highly preferred.
• 2 or more years of group health insurance industry experience is preferred.

Additional Qualifications:

• Proficiency in Microsoft Office product suite and the use of computer systems and various software applications, especially Excel.
• Collaboration and teamwork.
• Strong verbal and written communication skills
• Strong organizational and planning skills.
• Demonstrate ethical business practices with adherence to all privacy and confidentiality policies and regulations.
• Analytical thinking and aptitude for evaluating and interpreting detailed information and data.
• Ability to independently multi-task and respond to changing business priorities.
• Demonstrated customer service experience and the ability to interact with a wide variety of people daily in person, via telephone, and email.
• Possess the ability to learn and understand the Underwriting processes in order to assist the Underwriters.

Base Salary Range

$45,000—$50,000 USD

Why Work at Optimyl?

At Optimyl Benefits, we’re committed to providing affordable, high-quality, and easy-to-use healthcare plans for small employers. We’re passionate about making a difference, and we’re looking for talented individuals who share our vision. Here’s why you should consider joining our team:

1. Competitive Pay and Benefits: We offer a competitive salary and an attractive benefits package, including life insurance, sort-term disability, long-term disability, vision, dental, and medical coverage, as well as a 401K plan with employer matching.

2. Opportunities to Grow: We believe in nurturing talent and supporting our team members’ professional development. At Optimyl, you’ll have the chance to grow with the company and make a lasting impact on our mission.

3. Collaborative Culture: Our work environment encourages collaboration and open communication. We value every team member’s input and strive to create a culture without undue hierarchy, where everyone’s voice is heard.

4. Location Flexibility: We understand the importance of work-life balance and offer location flexibility to accommodate our team members’ needs and preferences.

5. Generous Leave Policies: Our employees enjoy 11 paid holidays per year, 15 days of paid vacation, and 8 days of paid sick leave. We believe that providing ample time off is essential for maintaining productivity and overall well-being.

At Optimyl Benefits, you’ll be part of a dedicated team working towards a meaningful mission. We’re driven by our passion for providing accessible and top-quality healthcare plans, and we’re always on the lookout for talented individuals who share our vision. If you’re ready to make a difference and grow with us, we’d love to have you on our team!

Optimyl Benefits is an equal opportunity employer. We are committed to creating a diverse and inclusive work environment, and we welcome and encourage applicants from all backgrounds, regardless of race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by applicable law.