Medical Underwriter - Colorado Springs Colorado

Company: USAA
Location: Colorado Springs, Colorado
Posted On: 04/27/2024

Why USAA?
At USAA, we have an important mission: facilitating the financial security of millions of U.S. military members and their families. Not all of our employees served in our nation's military, but we all share in the mission to give back to those who did. As a dedicated Commercial Insurance Underwriter II you will collaborate with the commercial underwriting team, have a strong sense of curiosity and the ability to exercise critical thinking skills and solution oriented. This is for New Business Ventures and Innovation team, working in a fast-paced startup environment on the Small Business Insurance department.

Responsible for implementation and management of commercial insurance underwriting processes and programs to ensure all underwriting processes are compliant, driven in a cost-efficient manner and effective in achieving desired outcomes. Supports development and implementation of Commercial Insurance Underwriting policies and processes to achieve business results. Partners with internal team members to maintain Commercial Insurance Underwriting policies and procedures while ensuring compliance with state regulations.

-We offer a flexible work environment that requires an individual to be in the office 4 days per week. Relocation assistance is not available for this position.

Apply knowledge of contract coverages, underwriting programs, market data, state-specific, and other regulatory information to make underwriting decisions related to commercial insurance operations and/or transactions.
Evaluate risk and make underwriting determination for commercial lines of business within established guidelines and limits of authority.
Support the development and implementation of business guidelines, controls, and strategies consisted with company policy and goals.
Monitor performance, implement controls, and proactively find opportunities to improve/automate underwriting policies, programs, and processes.
Responsible for projects, issues or initiatives of smaller scope or low rated risks for underwriting processes and/or solutions.
Evaluates data to conduct root cause analysis and apply process-oriented approaches to identify and tackle gaps within the process.
Ensures risks associated with business activities are optimally identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Bachelor's degree; 2 years of insurance underwriting experience OR 2 years as a producer or agent of commercial insurance products.
- Knowledge of relevant industry practices, trends, and regulatory requirements.
- Experience reviewing and analyzing data to draw conclusions and make recommendations.
- Proficient knowledge of Microsoft Office Suite.


Experience and knowledge of Inland Marine product
US military experience through military service or a military spouse/domestic partner

Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
Benefits: At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. More...

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