Get to Know the Opportunity:
Leads group underwriting function to achieve company group underwriting objectives Has authority to approve cases up to 10,000+ lives. Provides input on strategy and policy for group underwriting function. Please Note: Work location for this role is FLEXIBLE! This position allows 100% remote work from home or allows work to be performed in any of our major office locations with a hybrid schedule.
The Contributions You’ll Make:
- Implement group underwriting policies and procedures. Ensure compliance.
- Manage group underwriters to ensure consistency in the evaluation of risk for group insurance products. Provides coaching and mentoring to team for the following:
- Analyze data such as financial condition of the client company, characteristics of employee groups, participation percentage, type of industry, or past claim experience to determine benefits and rates.
- Ensure proper pricing and appropriate funding methods.
- Coordinate underwriting activities on proposals, new cases, renewals, and amendments.
- Ensure that the company can administer the client’s proposed benefit plan design and funding method.
- Develop and maintain relationships with field personnel and clients by answering general questions and obtaining information on which to base decisions.
- Document and communicate decisions to necessary areas in the division. Review cases exceeding underwriter’s review level.
- Hire, train and develop staff to achieve group underwriting objectives. Provides regular feedback to underwriters and prepares and delivers performance appraisals.
- Develop and maintain department budget.
- Other duties as assigned.
Minimum Knowledge & Experience:
· High School Diploma or GED
· 10+ years stop loss underwriting experience including management/supervisory experience.
· Strong problem-solving and analytical skills
· Excellent written and oral communication skills
Preferred Knowledge & Experience:
· Bachelor’s degree preferred.
Job Type: Full-time
Pay: $103,120.00 - $148,460.00 per year
Benefits:
- 401(k) 6% Match
- Dental insurance
- Employee assistance program
- Employee discount
- Flexible schedule
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Referral program
- Retirement plan
- Tuition reimbursement
- Vision insurance
- Volunteer time off
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: Remote