M3 Insurance Solutions, Inc.

  • Underwriting Coordinator (Analyst)

    Job Locations US-WI-Madison | US-WI-Milwaukee
    Posted Date 1 month ago(1 month ago)
    Job ID
    2018-1362
    # of Openings
    1
    Category
    Risk Management
  • Overview

    Description
    Founded in 1968, M3 Insurance is Wisconsin’s largest privately held insurance agency, providing employee benefits, property & casualty, executive benefits, employer-sponsored retirement plans and personal lines. M3 serves clients across the country from five Wisconsin offices and is consistently ranked in the top 1% of insurance brokers nationwide.
     
    Our Total Rewards Philosophy
    M3’s philosophy around total rewards is to exceed the market. In addition to competitive salaries, rich benefits, volunteer time off and free popcorn Fridays, M3 was named one of The Principal 10 Best Companies 2012 for Employee Financial Security. Our unwavering commitment to our employees' long-term financial well-being is what helped us earn this national acclaim.
     
    The Role
    M3’s Employee Benefits Risk Management team is dedicated to supporting our clients in specialized areas of employee benefits.  This position will work closely with internal teams.  This role is focused primarily on the completion of financial reporting and for client’s health, dental and vision benefit offerings.  By working with our sales and service teams, this individual will help clients understand how the plans are performing. They will work in partnership with our underwriting advisors to support our client’s data needs.

    Responsibilities

    On-going Client Support
    • Access claims reports from the various carriers and enter that data into the HPPM/DPPM/VPPM reports on a monthly basis.
    • Communicate the completion and distribution of the reports to internal partners so they can be sent to clients.
    • Assist clients with 5500 filings.  Data collection and completion of preparation for client signature ready 5500 filing
    • Support Underwriting Advisor’s data collection and analysis needs 
    Stop Loss 
    • Market stop loss quotes direct to stop loss carrier partners
    • Work with internal teams and carriers to obtain quotes by requested due dates
    • Review proposals and complete quote comparison spreadsheet
    • Assist in updating of proposals as needed during the quoting process
    • Work with Account Executives, Account Managers, and Underwriting Advisors to make sure appropriate stop loss contract terms are being quoted
    Market Trends 
    • Assist in M3 benchmarking reports
    • Assist in monitoring insurance carrier financial strength and completion of the annual managed care monitor report 
    • HPPM database updates

    Qualifications

    • High school diploma or equivalent is required
    • Bachelor’s degree from a four-year college or a minimum of three years of related experience is preferred
    • Previous experience with data entry and/or underwriting support for group health or dental benefits is desired
     
     
    Please note that M3 is an equal employment opportunity employer functioning under an affirmative action plan.

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