Stop Loss Underwriter
Imagine360 is seeking a Stop Loss Underwriter to join the team! This position is responsible for analyzing and evaluating function-related activities within the scope of the Department. This position demonstrates a high level of expertise in gathering, inspecting, analyzing relevant financial data to determine the degree of risk involved and making decisions accordingly.
Position Location: 100% remote
Responsibilities include but are not limited to:
Evaluates each client, or potential client's, risk factors against actuarial manuals and calculating rates and factors accordingly.
Utilize various systems and tools to obtain necessary data and accurately complete and track assigned work.
Responsible for a book of business of renewing accounts and writing new business at profitable levels to help achieve overall business targets including both revenue and margin.
Compiles data reflecting the program's yearly loss ratios with medical trend factored in against current offerings at different excess reinsurance levels.
Consult Imagine360 staff and customers to obtain further information, review applicable insurance laws, or explain underwriting policies.
Provides timely and thorough follow-up with staff, internal and external customers.
Apply in-depth knowledge of the Underwriter field to offer feedback for decisions and innovation strategies that enhance organizational growth and visibility for Stop Loss.
Reviews work for accuracy and recommend pricing alternatives based on financial analysis, underwriting principles, and business strategy.
Provides post sale /renewal evaluation to ensure actual results are consistent with final proposal.
Conducts audits on premiums, to ensure all receivables are accounted for and accurate.
Provides feedback and insights regarding changes to underwriting guidelines for the program.
Serves on committees, work groups, and/or process improvement teams to assist in improving quality/customer satisfaction.
Collaborates with others and cross-departmentally to improve or streamline procedures.
Required Experience/Education:
Bachelor's degree in business, finance, or related field required.
3+ years of underwriting experience, 1+ years of experience in Stop Loss
Medical and Stop Loss underwriting experience for a risk-taking organization strongly preferred
Skills and Abilities:
Working knowledge of computers and software including but not limited to Microsoft Office products.
Strong written and oral communication skills
Working knowledge of business intelligence
Working knowledge of problem solving and decision-making skills
Adept at collaboration and teamwork
What can Imagine360 offer you?
Multiple Health plan options
Company paid employee premiums for disability and life insurance
Parental Leave Policy
20 days PTO to start / 10 Paid Holidays
Tuition reimbursement
401k Company contribution
Company paid Short & Long term Disability plus Life Insurance
Professional development initiatives / continuous learning opportunities
Opportunities to participate in and support the company's diversity and inclusion initiatives
Want to see our latest job opportunities? Follow us on LinkedIn
Imagine360 is a health plan solution company that combines 50+ years of self-funding healthcare expertise. Over the years, we've helped thousands of employers save billions on healthcare. Our breakthrough total health plan solution is fixing today's one-size-fits-none PPO insurance problems with powerful, customized, member-focused solutions.
Imagine360 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.
**RECRUITMENT AGENCIES PLEASE NOTE: Imagine360 will only accept applications from agencies/business partners that have been invited to work on a specific role. Candidate Resumes/CV's submitted without permission or directly to Hiring Managers will be considered unsolicited and no fee will be payable. Thank you for your cooperation**
Position Location: 100% remote
Responsibilities include but are not limited to:
Evaluates each client, or potential client's, risk factors against actuarial manuals and calculating rates and factors accordingly.
Utilize various systems and tools to obtain necessary data and accurately complete and track assigned work.
Responsible for a book of business of renewing accounts and writing new business at profitable levels to help achieve overall business targets including both revenue and margin.
Compiles data reflecting the program's yearly loss ratios with medical trend factored in against current offerings at different excess reinsurance levels.
Consult Imagine360 staff and customers to obtain further information, review applicable insurance laws, or explain underwriting policies.
Provides timely and thorough follow-up with staff, internal and external customers.
Apply in-depth knowledge of the Underwriter field to offer feedback for decisions and innovation strategies that enhance organizational growth and visibility for Stop Loss.
Reviews work for accuracy and recommend pricing alternatives based on financial analysis, underwriting principles, and business strategy.
Provides post sale /renewal evaluation to ensure actual results are consistent with final proposal.
Conducts audits on premiums, to ensure all receivables are accounted for and accurate.
Provides feedback and insights regarding changes to underwriting guidelines for the program.
Serves on committees, work groups, and/or process improvement teams to assist in improving quality/customer satisfaction.
Collaborates with others and cross-departmentally to improve or streamline procedures.
Required Experience/Education:
Bachelor's degree in business, finance, or related field required.
3+ years of underwriting experience, 1+ years of experience in Stop Loss
Medical and Stop Loss underwriting experience for a risk-taking organization strongly preferred
Skills and Abilities:
Working knowledge of computers and software including but not limited to Microsoft Office products.
Strong written and oral communication skills
Working knowledge of business intelligence
Working knowledge of problem solving and decision-making skills
Adept at collaboration and teamwork
What can Imagine360 offer you?
Multiple Health plan options
Company paid employee premiums for disability and life insurance
Parental Leave Policy
20 days PTO to start / 10 Paid Holidays
Tuition reimbursement
401k Company contribution
Company paid Short & Long term Disability plus Life Insurance
Professional development initiatives / continuous learning opportunities
Opportunities to participate in and support the company's diversity and inclusion initiatives
Want to see our latest job opportunities? Follow us on LinkedIn
Imagine360 is a health plan solution company that combines 50+ years of self-funding healthcare expertise. Over the years, we've helped thousands of employers save billions on healthcare. Our breakthrough total health plan solution is fixing today's one-size-fits-none PPO insurance problems with powerful, customized, member-focused solutions.
Imagine360 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.
**RECRUITMENT AGENCIES PLEASE NOTE: Imagine360 will only accept applications from agencies/business partners that have been invited to work on a specific role. Candidate Resumes/CV's submitted without permission or directly to Hiring Managers will be considered unsolicited and no fee will be payable. Thank you for your cooperation**