Calculate standard group renewals with standard plan-specific benefits, following established underwriting formulas and utilizing experience reports to achieve underwriting paid/loss targets

Provide analysis to confirm standard plan factors used in quote preparation are accurate

Examine experience reports and other client data reports to ensure integrity and accuracy of group data based on business guidelines; reports any issues found in the experience reports

Assist Underwriters with calculation of quotes and plan-specific rates, and assists in preparing relevant plan and rate documents

Support Underwriting Analysts in providing data and reporting necessary for regulatory reporting

Monitor and prepare routine monthly reports on sold business versus underwriting rates to assess the projected financial impacts

Support studies and projects related to the underwriting function to update accuracy of base data

Perform review of peer and automated rating tool rate calculations to ensure business guidelines are followed and data is reasonable and consistent

Collect, study, and review documentation pertaining to risk cases

Prepare routine reports that outline client administrative and claim financial results

Develop understanding of underwriting systems, both automated and manual, as well as dependencies to the system

Acquire knowledge of other systems, such as product, revenue and claims, that directly impact underwriting objectives

Participate in projects affecting the underwriting systems including user-end testing of rating tools and systems to ensure accurate rating and plan benefits display

Make recommendations for rating tool updates or corrections

Job Specifications

Typically has the following skills or abilities:

Bachelor’s degree in Finance, Accounting, Statistics, Mathematics, or in lieu of degree 4 years functional experience

One year of underwriting experience preferred

Familiarity with SQL and Power BI preferred

Developing analytical and problem solving skills

Professional verbal and written communication skills

Competent in using spreadsheet applications

Proven accuracy and careful attention to detail

Ability to multi-task and meet deadlines

Ability to regularly exercise discretion and independent judgment in performance of his/her job duties

Clean credit history as reported by credit report

For roles that are remote (i.e., Work From Home (WFH)) or hybrid (i.e., partial onsite at a VSP location and WFH), must demonstrate a high level of engagement in virtual environments, including maintaining camera presence during meetings to support effective communication and team alignment

#LI-VISIONCARE

Compensation range for the role is listed below. Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. As a part of the compensation package, this role may include eligible bonuses and commissions. For more information regarding VSP Vision benefits, please click here. 

Unincorporated LA County Residents: Qualified Applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act, and any other similar laws.

Notice to Candidates: Fraud Alert - Fake Job Opportunity Solicitations Used to Collect Fees/Personal Information. 

We have been made aware that fake job opportunities are being offered by individuals posing as VSP Vision and affiliate recruiters. Click here to learn about our application process and what to watch for regarding false job opportunities. 

As a regular part of doing business, VSP Vision (“VSP”) collects many different types of personal information, including protected health information, about our audiences, including members, doctors, clients, brokers, business partners, and employees.  VSP Vision employees will have access to this sensitive personal information and are subject to follow Information Security and Privacy Policies.