Spec Support Underwriting Job in Bengaluru at Empower

Empower is hiring for the role of Support Underwriting!

Responsibilities of the Candidate:

•  Check employee data received from the Plan Sponsor for reasonableness and accuracy then manipulate it for import into the ARC tool.  
• Calculate manual rates for each renewal and perform analysis on the change in a group’s manual rate year over year.
• Prepare on-demand manual rate calculations to respond to Plan Sponsor queries on proposed plan changes.  
• Update billing systems when renewal rates are sold and update the MIS tool.
• Monitor the Support Team Mailbox – where on-demand requests and sold renewal confirmations are sent by Underwriters.
• Renewal and Financial Preparation:
• Check premiums, claims, rates, and reserves for accuracy and reasonableness.
• Identify erroneous data and coordinate with partner departments to fix the data.  
• Prepare the renewal analyses, rate exhibits, and listings that are part of the package delivered to the Plan Sponsor by the Underwriter and the Account Executive.
• Prepare the financial report that will be provided to the Plan Sponsor.  Tasks related to the financial report directly impact corporate accounting systems.
• Assist with non-standard on-demand reporting and financial estimates.
• Assist with preparing monthly/quarterly/annual scheduled reporting.

Requirements:

• Degree in Business, Finance, or a similar field strongly preferred.
• 1-3 years of experience, graduates with great attitude and excellent academic background 
• You are curious.  You love math!
• You get energized when you work in partnership with team members and many internal business areas, and you do this with your excellent interpersonal skills.
• You are highly proficient with Excel and easily learn new tools and applications.
• Your verbal and written communication skills are both effective and efficient.
• You are a driver who can meet tight deadlines, work under pressure, and prioritize multiple tasks and shifting priorities.
• You are a critical thinker who can problem-solve and make good decisions when working with incomplete information.
• You understand what it means to put the customer first.  That is, put the customer at the center of what we do.