Reliance Matrix
Underwriter II
Job Responsibilities And Requirements

Independently evaluates and synthesizes information in order to accept, modify, or rejects risks on a case. Has the ability to exercise independence and discretion in making final decision making of risk accepted/rejected. Book of business and new business quote activity is comprised of both experience and manually rated cases.Utilizes experience in the industry, understanding of the client and marketplace to review and evaluate all assigned risks in the Group lines of business that includes plan design, experience, manual rates and provides guidance to sales, service, and all internal business partners to price and renew all business lines. The overall final case position is determined by the Underwriter II.Has a thorough understanding of our manual rating approach, including base rates and factors that drive claims cost changes. Understands PACS and evaluates inforce business for cross sell, enrollment, plan design changes and other NBOC (New Business Old Case) situations to help generate additional revenue. These factors are utilized in the final position on a case. Displays strong understanding of our experience rating methodology and is beginning to understand factors that contribute to aggressive or conservative formula rates and utilizes those in evaluation for overall case position. Independently determines.Evaluates coverage amounts, premium rates and experience rates on new and inforce business, which includes new business submissions, amendments to in-force plans and renewals exercising independent judgment.Develops and maintains a strong relationship with sales and service partners in the field.Following analysis and evaluation articulates final decision rationale on case pricing.Identifies and communicates to management product risk in a way that is easily understood.Knowledge of both pre-sale and renewal underwriting and can complete complex tasks on both independently.Effectively collaborates with colleagues in various functions (contracts, claims, compliance) to reach decisions favorable for RSL that are included in the sold case which was finalized by the Underwriter II.Identifies and communicates to management product and systems enhancements for the betterment and continuous improvement of the Underwriting department.Leads projects that focus on increasing the efficiency and effectiveness of the underwriting function. These projects will focus on creating more efficient operations leading to overall more enhanced positions being produced. (Typically 15% of time)Trains underwriting staff on underwriting guidelines and principles.Mentors Underwriting Trainees.

Required Knowledge, Skills, Abilities And/or Related Experience

Bachelor’s degree required.Three to five years previous relevant underwriting experience required.Working knowledge of group products for all lines of coverage.Effective verbal and written communication skills.Ability to make decisions concerning the acceptability of Group Risks with moderate supervision.Strong mathematical skills and analytical skills.Excellent organizational skills with the ability to perform detailed and diversified duties including prioritization of high volume/deadline workload.High level of customer service orientation.Ability to research and solve problems with moderate supervision.Proficient in negotiation skills with both internal and external customers.Demonstration of project management skills in management of book of business.Proficient with Excel, Power Point, and other Microsoft office applications.

Ability to Travel:  None

Work location may be flexible if approved by the Company.

What We Offer

At Reliance Matrix, we believe that creating a more diverse, equitable and inclusive culture allows us to realize more of our potential. And we can’t do this without our most important asset—you.

That is why we offer a competitive pay package and a range of benefits to help team members thrive in their financial, physical, and mental wellbeing.

Our Benefits:

An annual performance bonus for all team membersGenerous 401(k) company match that is immediately vestedA choice of three medical plans (that include prescription drug coverage) to suit your unique needs. For High Deductible Health Plan enrollees, a company contribution to your Health Savings AccountMultiple options for dental and vision coverageCompany provided Life & Disability Insurance to ensure financial protection when you need it mostFamily friendly benefits including Paid Parental Leave & Adoption Assistance Hybrid work arrangements for eligible rolesTuition Reimbursement and Continuing Professional EducationPaid Time Off, volunteer days, community partnerships, and Employee Assistance ProgramAbility to connect with colleagues around the country through our Employee Resource Group program and our Diversity Equity & Inclusion Council

Our Values:

IntegrityEmpowermentCompassionCollaborationFun

EEO Statement

Reliance Matrix is an equal opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, national origin, citizenship, age or disability, or any other classification or characteristic protected by federal or state law or regulation. We assure you that your opportunity for employment depends solely on your qualifications.


Philadelphia, PA