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College Co-op: Underwriting Analyst

Blue Cross and Blue Shield Association

  • Philadelphia, PA
  • 7 days ago

    Highlights

    The Underwriting team evaluates risk and supports the sales process for commercial group business, helping ensure competitive and financially sound solutions for our customers. The Underwriting Analyst Co-op will gain hands-on exposure to healthcare underwriting through a structured learning experience designed to build technical, analytical, and business knowledge.

    Numbers & Facts

    LocationPhiladelphia, PA
    IndustryInsurance
    Company Size2,000 to 2,499 employees
    Websitehttps://www.bcbs.com/about-us/careers

    Description

    About the Department

    The Underwriting team evaluates risk and supports the sales process for commercial group business, helping ensure competitive and financially sound solutions for our customers.

    Position Overview

    The Underwriting Analyst Co-op will gain hands-on exposure to healthcare underwriting through a structured learning experience designed to build technical, analytical, and business knowledge. Participants will work alongside experienced professionals and gain insight into how underwriting partners across the organization to support business objectives.

    Key Responsibilities & Learning Opportunities

    • Receive instruction on fundamental underwriting concepts and methodologies.
    • Participate in the large group renewal process, including ownership of an assigned renewal opportunity from initiation through completion.
    • Shadow team members across various Underwriting functions to gain a broad understanding of departmental operations.
    • Gain exposure to the Actuarial and Marketing departments, with a focus on their collaboration and interaction with Underwriting.
    • Participate in a shadowing experience with an AmeriHealth affiliate company.
    • Complete a special project aligned with emerging business needs and organizational priorities.
    • Analyze data and support underwriting activities using Microsoft Excel and other analytical tools.

    Required Qualifications

    • Strong analytical, quantitative, and problem-solving skills.
    • Proficiency in Microsoft Excel and other Microsoft Office applications.
    • Excellent interpersonal, communication, and organizational skills.
    • Ability to manage multiple priorities and work effectively in a collaborative environment.

    Preferred Majors

    • Risk Management
    • Mathematics
    • Statistics
    • Related quantitative or analytical fields

    Eligibility

    • Junior or Senior standing at the time of application.
    • Recent graduates are eligible if graduation occurred within one year of the program start date.

    GPA Requirement

    • 3.0 +

    Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.

    About Company

    At the Blue Cross and Blue Shield Association (BCBSA), we provide business strategy, technical support and consulting expertise to 36 Blue Cross and Blue Shield companies across the nation, employing more than 1,000 of the best strategic thinkers in the industry. We are a Brand manager that sets quality control standards for the 36 independent companies that use the Blue Cross and Blue Shield Brands, and we serve as a trade association that represents these Blue companies. It is through our involvement that the Blues companies share a united vision and strategy while also benefiting from the local strength of all member companies.

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