
CRC Benefits - New Business Processing Associate (Hybrid)
- Towson, MD
- $45,760-57,000 per year
- Temporary
- Full-time
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
- Evaluates new case and add-on risks, assuring timely and quality underwriting by:
- Evaluating enrollment materials and detailed medical records to determine underwriting actions.
- Enrolling new groups and members on carrier’s online systems.
- Reviewing final rates, benefit options, and underwriting requirements.
- Contacting agents/brokers when a case has been reviewed to request additional information.
- Generating quotes, based on actual enrollment, to ensure accurate premiums are being sent to the carrier.
- Notifying agents/brokers of overdue premium payments and status of cases, whether the cases are approved, declined, or withdrawn.
- Adhering to Company confidentiality standards of information.
- Assists in the processing of broker of record change letters and licensing for agents to assure new agents are correctly paid, carrier guidelines are followed, and agents/brokers are properly appointed with each carrier.
- Answers necessary Broker questions.
- Keeps abreast of medical conditions/terminology and insurance products.
- Other projects as assigned
- Occasional long, irregular hours.
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- High School diploma or equivalent
- Minimum of one (1) year of underwriting or related health insurance experience ideally from a broker office or health insurance carrier.
- Associate degree (preferred).
- Solid knowledge of group health insurance products and terminology.
- Basic understanding of underwriting principles.
NoneFUNCTIONAL SKILLS
- Strong knowledge of Microsoft Office, specifically Excel, Word, and Outlook Exchange; proficient in Internet Explorer.
- Communicate effectively with all levels of internal and external personnel, both verbally and in writing.
- Read, comprehend, and interpret underwriting procedures, requirements, regulations, and contracts.
- Negotiate with agents and brokers.
- Maintain complete confidentiality of information.
- Determine when problems should be escalated.
- Work in and contribute to a positive team environment.
- Complete tasks on time while managing multiple tasks simultaneously.