Underwriter

Principal Financial Group is a leader in financial services, dedicated to making financial security accessible to everyone. As an Underwriter, you will evaluate risks and underwrite group insurance cases, ensuring data accuracy and serving as a technical resource for processes and operations.

Responsibilities

• Assess risk/liability and calculate/negotiate rates on cases by analyzing industry, demographics, claim history, and plan build
• Obtain and assess necessary information for support functions to verify that all data is logical, comprehensive, and exact
• Inspect data, adjust errors, and conduct calculations
• Manage and disseminate information when needed
• Serve as a technical expert for specialized processes by responding to inquiries, suggesting solutions, and supporting other team members
• Research and answer standard risk-related questions, providing information and recommendations to internal and external customers
• Participate in special projects concerning operational issues, systems, and processes
• Assist with training on process changes
• Perform other job-related duties or special projects as required

Skills

• Bachelor's degree or equivalent required
• Must have strong planning/organizational, problem-solving, analytical, time management, decision-making, and oral and written communication skills
• Must have general math skills
• Must be able to maintain accuracy while being detail oriented
• Ability to maintain confidentiality is required
• Travel may be required (5%), including overnight stays
• 0 - 2 years underwriting or insurance experience preferred
• Basic knowledge of business unit products
• Computer skills and knowledge of business unit applications preferred

Benefits

• Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period.
• Pension Eligible

Company Overview