Underwriter
Principle, Los Angeles, CA, United States
Underwriter Position at Principal Financial Group
As an underwriter at Principal Financial Group, you will be at the forefront of evaluating risks and underwriting standard group insurance cases. This outstanding opportunity allows you to apply your expertise in rating and risk analysis of prospects, new cases, amendments, and renewals. You will gather and review appropriate information to ensure that all data is reasonable, complete, and accurate. Additionally, you will analyze data, make corrections, and perform necessary calculations. Serving as a technical resource for processes, operations, and systems, your role will be pivotal in driving our mission to make financial security accessible to all! Assess risk/liability and calculate
egotiate rates on cases by analyzing industry, demographics, claim history, and plan build. Obtain and assess necessary information for support functions to verify that all data is logical, comprehensive, and exact. Inspect data, adjust errors, and conduct calculations. Manage and disseminate information when needed. Serve as a technical expert for specialized processes by responding to inquiries, suggesting solutions, and supporting other team members. Research and answer standard risk-related questions, providing information and recommendations to internal and external customers. Participate in special projects concerning operational issues, systems, and processes. Assist with training on process changes. Perform other job-related duties or special projects as required. Situated where financial services and technology converge, Principal designs financial products that support better living for our customers. We are proud to be guided by a clear purpose, motivated by our objective to make financial security accessible to everyone. Our principles, honesty, and customer dedication have made us a reliable leader for over 140 years! Bachelor's degree or equivalent required, plus 0 - 2 years underwriting or insurance experience preferred, as well as basic knowledge of business unit products. Must have strong planning/organizational, problem-solving, analytical, time management, decision-making, and oral and written communication skills, as well as general math skills. Computer skills and knowledge of business unit applications preferred. Must be able to maintain accuracy while being detail oriented. Ability to maintain confidentiality is required. Travel may be required (5%), including overnight stays. Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Dubuque, IA / Wichita, KS / Grand Island, NE: $22.93/hr - $30.72/hr. Des Moines, IA / Louisville, KY / Green Bay, WI: $24.21/hr - $32.43/hr. St. Louis, MO / Pittsburgh, PA / Charlotte, NC: $25.48/hr - $34.13/hr. Denver, CO / Houston, TX / Chicago, IL / Minneapolis, MN: $28.03/hr - $37.55/hr. Seattle, WA / Los Angeles, CA / New York City, NY: $30.58/hr - $40.96/hr. Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness. Pension eligible. This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements. You'll work with your leader to determine which option aligns best with your needs and the company's goals. At this time, we're not considering applicants that need any type of immigration sponsorship now or in the future to work in the United States. This includes, but is not limited to: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. In Principal Asset Management positions, adherence to an Investment Code of Ethics is required. This includes personal and business conduct and trading activities for you and your household. Principal is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
As an underwriter at Principal Financial Group, you will be at the forefront of evaluating risks and underwriting standard group insurance cases. This outstanding opportunity allows you to apply your expertise in rating and risk analysis of prospects, new cases, amendments, and renewals. You will gather and review appropriate information to ensure that all data is reasonable, complete, and accurate. Additionally, you will analyze data, make corrections, and perform necessary calculations. Serving as a technical resource for processes, operations, and systems, your role will be pivotal in driving our mission to make financial security accessible to all! Assess risk/liability and calculate
egotiate rates on cases by analyzing industry, demographics, claim history, and plan build. Obtain and assess necessary information for support functions to verify that all data is logical, comprehensive, and exact. Inspect data, adjust errors, and conduct calculations. Manage and disseminate information when needed. Serve as a technical expert for specialized processes by responding to inquiries, suggesting solutions, and supporting other team members. Research and answer standard risk-related questions, providing information and recommendations to internal and external customers. Participate in special projects concerning operational issues, systems, and processes. Assist with training on process changes. Perform other job-related duties or special projects as required. Situated where financial services and technology converge, Principal designs financial products that support better living for our customers. We are proud to be guided by a clear purpose, motivated by our objective to make financial security accessible to everyone. Our principles, honesty, and customer dedication have made us a reliable leader for over 140 years! Bachelor's degree or equivalent required, plus 0 - 2 years underwriting or insurance experience preferred, as well as basic knowledge of business unit products. Must have strong planning/organizational, problem-solving, analytical, time management, decision-making, and oral and written communication skills, as well as general math skills. Computer skills and knowledge of business unit applications preferred. Must be able to maintain accuracy while being detail oriented. Ability to maintain confidentiality is required. Travel may be required (5%), including overnight stays. Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Dubuque, IA / Wichita, KS / Grand Island, NE: $22.93/hr - $30.72/hr. Des Moines, IA / Louisville, KY / Green Bay, WI: $24.21/hr - $32.43/hr. St. Louis, MO / Pittsburgh, PA / Charlotte, NC: $25.48/hr - $34.13/hr. Denver, CO / Houston, TX / Chicago, IL / Minneapolis, MN: $28.03/hr - $37.55/hr. Seattle, WA / Los Angeles, CA / New York City, NY: $30.58/hr - $40.96/hr. Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness. Pension eligible. This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements. You'll work with your leader to determine which option aligns best with your needs and the company's goals. At this time, we're not considering applicants that need any type of immigration sponsorship now or in the future to work in the United States. This includes, but is not limited to: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. In Principal Asset Management positions, adherence to an Investment Code of Ethics is required. This includes personal and business conduct and trading activities for you and your household. Principal is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.