Senior Underwriter - Employee Benefits
Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firms in the US, is adding a Senior Underwriter to their Corporate Synergies team in Philadelphia Metro Region.
Job Summary:
The Senior Underwriter partners closely with the Vice President of Underwriting and Account Management team to support complex health and welfare programs. This role is integral in driving renewal strategy, analyzing claims data, and ensuring accuracy and consistency across underwriting deliverables for both fully insured and self‑insured clients.
Essential Functions:
- Analyze carrier renewals and manage ongoing carrier interactions
- Review proposals and underwriting materials for accuracy and completeness
- Review and analyze claims reports; oversee claims reporting for self‑insured clients
- Develop self‑insured budgets, including premium equivalent rate calculations
- Prepare fully insured pre‑renewal projections and financial models
- Participate in pre‑renewal and renewal strategy meetings with internal teams and clients
- Conduct ad hoc claims and utilization analyses as needed
Competencies & Qualifications:
- Proven ability to build strong relationships with clients, carriers, and internal partners
- In‑depth knowledge of carrier processes, plan designs, funding arrangements, and stop‑loss contracts
- Strong analytical, organizational, and attention‑to‑detail skills
- Excellent written and verbal communication abilities
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
- Ability to manage multiple priorities in a fast‑paced environment
- Comfortable working both independently and as part of a collaborative team
Education & Experience:
- Bachelor’s degree preferred
- Minimum of 5+ years of underwriting experience with a health and welfare carrier or brokerage, supporting employer groups of 100+ lives
This range represents the estimated low and high end of the salary range for this position. Actual salaries will vary and may be above or below the range based on factors including but not limited to performance, location, and experience. The range listed is just one component of FRP's total compensation package for employees.
Disclaimer:
While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties from particular jobs and to assign other duties as necessary.
Equal Employment Opportunity (EEO):
FRP provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classifications protected by law.
Benefits:
FRP offers a comprehensive range of health-related benefit options including medical, vision, and dental. We offer a 401(k) with company match, company paid life insurance, STD, LTD and a generous PTO policy starting at 18 days per year plus 10 paid holidays & 2 floating holidays!
As published by greenhouse · 12 questions · 1 written answer
Basics
First Name, Last Name, Email, Phone, Resume/CV, Cover Letter, Location
Short answers (4)
- Please describe your work authorization status if not authorized to work in the US or sponsorship required now or in the future. optional
- If you were referred by a current employee, please provide their first and last name optional
- What is you expected salary range
- I understand this application is intended for use in evaluating my qualifications for employment. Neither this application, nor any subsequent employment resulting from it, create an employment contract. False or misleading statements on this application and during an interview, if granted, are grounds for terminating the application process or, if discovered after employment, terminating employment. By typing my full legal name below, I understand and agree with these terms.
Pick from a list (7)
- Are you at least 18 years of age?
- If hired, can you provide proof of your legal right to work in the United States?
- Will you now or in the future require sponsorship for employment?
- Are you subject to a Non-Solicitation Agreement from your current or previous employer?
- Are you subject to any Agreement from your current or previous employer that would restrict from being employed by Foundation Risk Partners? (e.g. Non-Compete, Non-Piracy, etc.)
- Please select all insurance licensures you currently maintain optional
- Do you consent to receiving follow-up communication via text message (or SMS message) regarding your application status?
Written answers (1)
- If you have ever been employed by Foundation Risk Partners or an affiliated agency, please indicate what location(s) & the dates of your employment. optional