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Group Rating Analyst
Blue Cross and Blue Shield of Kansas. Execute rating and underwriting for employer groups .
About the role
Key responsibilities & impact- Execute rating and underwriting for employer groups
- Perform production rating for self-funded and fully insured employer groups, including ASO, level-funded, and merit groups
- Assist with quality checking for production
- Support development and pricing of associations/AHPs
- Train Group Rating team members and Sales staff on rating policies, methodologies, and system functionalities
- Complete and process GRIT options, contracts, and related documents for enrolled and prospect groups
- Prepare and deliver prospect quotes using GRIT
- Respond to Sales inquiries regarding rating methodologies and group pricing
- Facilitate organization and maintenance of self-funded group contracts
- Track prospects, contracts, concessions, and reporting elements
- Collaborate with Sales and Underwriting to provide accurate group pricing and support inquiries
- Support the Team Lead, Group Rating, in production rating, quality checking, contract facilitation, and reporting
Requirements
What you’ll need- High school diploma or equivalent required
- Bachelor's degree in Mathematics, Statistics, Business, Finance, or a related field preferred
- Minimum of 3 years of experience in group rating, underwriting, or a related analytical role within health insurance required
- Experience supporting sales or broker relationships in an underwriting or pricing capacity preferred
- Familiarity with self-funded and level-funded plans preferred
- Strong analytical and problem-solving skills
- Detail-oriented with ability to conduct quality checks and maintain consistency in rating methodologies
- Excellent communication skills
- Ability to interpret and apply rating methodologies for self-funded and fully insured groups
- Proficiency in managing contracts, documentation, and tracking reports
- Strong organizational skills
- Ability to work collaboratively within a team-oriented environment
- Proficiency in Microsoft Office applications (Excel, Word, Outlook, Teams) and Underwriting systems
- Knowledge of health insurance underwriting principles and regulatory requirements preferred
- Applicants must reside in Kansas or Missouri or be willing to relocate as a condition of employment
- Successful candidates must undergo pre-employment drug screening, criminal conviction check, employment verifications, and education verification
Benefits
Comp & perks- Paid vacation and sick leave
- Paid maternity and paternity leave available immediately upon hire
- Ongoing training and development programs
- Flexible work environment
- Incentive pay program (EPIP)
- Health, vision, and dental insurance
- 6 weeks paid parental leave for new mothers and fathers
- Fertility/adoption assistance
- 2 weeks paid caregiver leave
- 401(k) plan matching up to 5%
- Tuition reimbursement
- Health and fitness benefits, discounts and resources