Stop Loss Underwriter Remote
**About the role**
In this role you will be responsible for risk-based underwriting of new and/or existing accounts. Youll be accountable for the achievement of profit, persistency, and growth goals through financial analysis of employer groups.
*What you will do**
- Determine level of risk based on established guidelines.
- Analyze information on past claim history and other standard criteria.
- Determine needed rate level using multiple tools, including a medical evaluation of ongoing large claimant concerns.
- Develop and determine appropriate aggregate factors.
- Release final rates and factors.
- Accountable for profitability and all risk-based decisions.
- Block Management: Manage Performance of New and/or Existing Accounts for assigned territories in the following areas:
- Target final effective renewal rate increases
- Close ratio
- Case premium persistency
- Billed to manual ratio
- Quote turnaround time
- Provide competitive feedback on rates/factors and products to management. Recommend improvements in underwriting and marketing strategies.
- Participate in underwriting projects and cross training initiatives.
- Daily interaction with agents, field staff, marketing reps and other underwriters to maintain consistency and support department workflow.
- Build and maintain excellent client, rep, TPA and internal personnel relations.
- May supervise underwriting analysts.
Salary Range: $70,600 $117,600 plus eligibility for annual bonus program
*Who You Are**
- High School Diploma Required. Bachelor's Degree or equivalent combination of education and work experience highly preferred.
- 1-2 years of Stop Loss risk based underwriting experience required.
- Sound Knowledge of Stop Loss products/pricing.
- Solid knowledge of the underwriting field and understanding of Employee Benefit Plans.
- Working towards HIA, MHP, or CEBS designation a plus.
- Strong analytical and technical skills.
- Strong decision-making skills.
- Effective interpersonal and negotiation skills.
- Service and sales oriented.
- Excellent written and verbal communication skills.
- Strong teamwork orientation.
- Presentation skills.
- Solid Understanding of Microsoft Office Products.
Apply Now
In this role you will be responsible for risk-based underwriting of new and/or existing accounts. Youll be accountable for the achievement of profit, persistency, and growth goals through financial analysis of employer groups.
*What you will do**
- Determine level of risk based on established guidelines.
- Analyze information on past claim history and other standard criteria.
- Determine needed rate level using multiple tools, including a medical evaluation of ongoing large claimant concerns.
- Develop and determine appropriate aggregate factors.
- Release final rates and factors.
- Accountable for profitability and all risk-based decisions.
- Block Management: Manage Performance of New and/or Existing Accounts for assigned territories in the following areas:
- Target final effective renewal rate increases
- Close ratio
- Case premium persistency
- Billed to manual ratio
- Quote turnaround time
- Provide competitive feedback on rates/factors and products to management. Recommend improvements in underwriting and marketing strategies.
- Participate in underwriting projects and cross training initiatives.
- Daily interaction with agents, field staff, marketing reps and other underwriters to maintain consistency and support department workflow.
- Build and maintain excellent client, rep, TPA and internal personnel relations.
- May supervise underwriting analysts.
Salary Range: $70,600 $117,600 plus eligibility for annual bonus program
*Who You Are**
- High School Diploma Required. Bachelor's Degree or equivalent combination of education and work experience highly preferred.
- 1-2 years of Stop Loss risk based underwriting experience required.
- Sound Knowledge of Stop Loss products/pricing.
- Solid knowledge of the underwriting field and understanding of Employee Benefit Plans.
- Working towards HIA, MHP, or CEBS designation a plus.
- Strong analytical and technical skills.
- Strong decision-making skills.
- Effective interpersonal and negotiation skills.
- Service and sales oriented.
- Excellent written and verbal communication skills.
- Strong teamwork orientation.
- Presentation skills.
- Solid Understanding of Microsoft Office Products.
Apply Now