Medical Stop Loss Underwriting Practice Lead, Accident & Health

AIG • Parsippany, NJ

1d • $118,000 - $178,000 • Onsite

About The Position

The Medical Stop Loss Underwriting Practice Lead is responsible for evaluating, pricing, and managing risk on employer group stop-loss business. This role requires advanced technical expertise in underwriting Specific and Aggregate Stop Loss plans for self-funded medical plans and a strong understanding of risk factors, industry trends, and broker/client expectations.

Requirements

• Bachelor’s degree or higher and / or equivalent experience.
• Minimum 7+ years of medical stop-loss underwriting experience; strong background in both specific and aggregate coverage.
• Knowledge and understanding of healthcare payers, health plan administration, and medical service providers.
• Advanced Knowledge of Medical Underwriting practices and principles.
• Excellent analytical, mathematical, and communication skills.
• Ability to manage multiple priorities and make sound underwriting decisions in a fast-paced environment.
• Demonstrated ability to build broker and TPA relationships and support business growth initiatives.
• Demonstrated ability to develop and execute strategies to grow profitability and production growth.
• Strong customer service ethic, with a sound understanding of the business processes.
• Self-motivated and able to set strategic direction.
• Able to work in a team to lead and contribute so that AIG meets its strategic goals.
• Knowledge of state regulatory and compliance requirements.
• Ability to multi-task and handle divisional objectives as requested and handles multiple priorities often under tight deadlines.
• Strong sense of responsibility for one's actions and work.

Nice To Haves

• Strong knowledge of ERISA plans, self-funding structures, and cost containment programs.
• A cost containment background, such as utilization review or managed care is helpful
• Experience as an RN Medical Case Manager is ideal
• Collaborative and strategic mindset with attention to detail and accuracy

Responsibilities

• Responsible for achievement of top and bottom-line results for new and renewal business.
• Deliver on underwriting profit results with focus on profitability, loss ratio and combined ratio.
• Develop, maintain and grow relationships with external business partners to drive healthy organic growth of business.
• Collaborate and cross-sell with other internal stakeholders and lines of business within AIG.
• Management and Oversight of Program Managers with Delegated Underwriting Authority
• Creation of Underwriting Guidelines and oversight / audit of adherence to those guidelines
• Timely handling of Case referrals
• Develop and maintain alignment of partnership expectations.
• Analyze group medical claims data, demographics, and plan designs to assess risk and determine appropriate stop-loss premiums and terms.
• Collaborate with distribution and actuarial teams on complex case evaluations, renewals, and new business opportunities.
• Develop and maintain strong relationships with brokers, consultants, and third-party administrators (TPAs).
• Present underwriting rationale and recommendations to internal stakeholders with clarity and confidence.
• Ensure compliance with underwriting guidelines, regulatory requirements, and company risk tolerance.
• Recommend modifications to underwriting practices and tools based on emerging market trends and experience.
• Mentor and train junior underwriters, sharing technical expertise and best practices.
• Support development of new products, pricing strategies, and process improvements to enhance competitiveness.

Benefits

• Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development
• Bonus in accordance with the terms of the applicable incentive plan
• Volunteer Time Off and Matching Grants Programs

What This Job Offers

• Job Type: Full-time
• Career Level: Senior