Rating Analyst Jobs

Our client is seeking a Rating Analyst to assist their organization in Portland, Oregon.

This role is fully remote.

• Apply sound underwriting and business judgment to determine appropriate plan designs, product options and calculated rates to offer in the effort to write and retain long-term profitable business.
• Provide timely analysis and evaluation of straightforward broker-submitted bid specs for the client’s inforce plan designs to determine products, plans and options requested.
• Rating Analyst ResponsibilitiesApply and evaluate straightforward broker-submitted bid specifications for the client’s inforce plan designs to determine requested plan designs and product options.
• Risk Decisions: Apply sound underwriting and business judgment to determine appropriate plan designs, product options and census formatting to input into the calculation system, and to determine appropriate calculated rates. Release binding proposals for basic insurance risks, which business rules do not flag for routing to an associate underwriter or underwriter, that will contribute to the company’s profitable growth objectives.
• Underwriting Support: Provide underwriting support in the calculation of rates on large and complex cases.
• Customer Service: Develop and maintain effective working relationships with field sales and service personnel, and home office personnel, through clear, concise, and responsive communication, problem resolution, and anticipation of customer expectations.

Rating Analyst Qualifications

Education and Experience:

• Bachelor’s degree in Business or related field or 2 years of work experience requiring critical thinking skills and analytical decision making.

Knowledge & Skills:

• Analyze written information for accuracy and completeness.
• Strong customer service orientation.
• Perform accurate math calculations including some use of algebraic formulas.
• Express ideas clearly, both in written and oral communications.
• Excellent time management skills.
• Demonstrated aptitude with products in Microsoft Office Suite.

Job Complexity and Judgement:

• Provides and analyzes data from which answers can be readily attained.
• Applies appropriate underwriting guidelines, procedures, contract provisions, and state insurance statutes.
• Underwrite Insurance risk of limited scope or routine in nature.

Independence and Supervision Required:

• Takes ownership of routine work and operates with little guidance after a period of initial training.
• Typically received detailed instructions on all work.