Job Classification:

Operations - Insurance Operations

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

The Senior Group Underwriter is primarily accountable for underwriting Group Life, Disability, and/or Voluntary Supplemental Health proposals and/or in force case activity. The Senior Group Underwriter is responsible for underwriting cases in accordance with statutory regulations and existing underwriting policies and practices, assessing risk and making and communicating decisions in a manner which contributes to the profitability of the product and reputation of the company.

The current employee work arrangement for this position is hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

Assesses, calculates and specifies the conditions under which Prudential is willing to accept risk on group life, disability and voluntary business, for current and prospective clients. This includes, but is not limited to, the review and utilization of demographic data, actual case specific experience, product filings, statutory requirements and Prudential’s current premium refund formula and policies

Communicates and partners with sales representatives, account managers, brokers, clients and prospective clients regarding case issues, underwriting assessments, pricing, rating etc. with a client focus. Actively engages in supporting the positive consultative outcomes crucial to our long-term success by enhanced application of growing underwriting and business expertise

Assists in the analysis and/or handling of complex situations with increased focus on client and company objectives demonstrating comprehension of underwriting and business dynamics

Determines whether to accept, modify, or decline a risk through evaluation of the client’s employee census data, claims history, and other pertinent information within guidelines such as rating formula’s, product filings and statutory requirements.

Applies Underwriting judgment, formulates pricing decisions, negotiates within their authority limit, and handles reporting requests. Understands and applies current pricing strategy across the book of business.

Begins to work closely with sales staff, brokers and clients to discuss financial results and support or directly engage in the negotiation process.

Participates in ad hoc projects, and or periodic process and technical design work to improve service, efficiency, or profitability.

Confidently and effectively communicates point of view through both verbal and written communications and negotiates with internal/external partners in various roles

Demonstrates an awareness of regional trends, competitive landscape and factors that influence the marketplace and regulatory environment

Demonstrates problem solving skills on risk and service-related issues, and broad institutional knowledge in the development of solutions.

What you’ll need:

Group underwriting experience

Bachelor’s degree or equivalent work experience

Ability to work independently

Strong time management and organizational skills

Ability to prioritize work with limited oversight

Strong Analytical and mathematical skills

Excellent communication and collaboration skills

Ability to develop strong working relationships

It’d be a plus if you had:

2+ years in Group underwriting Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

At Prudential, you can:

Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.

We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:

Market competitive base salaries, with a yearly bonus potential at every level

Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave

Retirement plans: 401(k) plan with company match (up to 4%), company-funded pension plan

Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs

Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.

Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.

Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

#LI-RRJ

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $65,900.00 to $98,000.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law. 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.