Mgr Underwriting - Major National

Health Care Service Corporation•Downers Grove, IL

1d•$102,000 - $184,300•Hybrid

About The Position

This position manages a team that underwrites accounts in compliance with HCSC’s goals and objectives and federal and state legislation, supporting the sale and renewal of group business. The role requires underwriting and pricing expertise across funding options and products, sound decision-making, and operational knowledge of prospective and renewal group health underwriting processes. It also applies underwriting methodologies, including mathematical and financial group health underwriting and funding, and extensive knowledge of managed care, health care, group insurance products, group health underwriting financial arrangements, and relevant legislation. The manager prioritizes and assigns work and projects, leads staff, and develops presentations. The role builds and maintains relationships internally and externally, works with representatives of large and strategic accounts, coordinates initiatives across departments, and presents to customers and senior management. It also involves project and process management, process improvement, interaction with BCBSA and member plans, and interpreting BCBS and competitor products and financial arrangements. This is a hybrid role requiring three days per week in the office. Compensation is listed as $102,000 to $184,300 annually, with eligibility for an annual incentive bonus subject to plan terms.

Requirements

Bachelor’s degree and 5 years of experience underwriting small and/or large accounts and dealing directly with key customers, consultants, and/or brokers; or 6 years of experience in those areas without the degree.
Three years of underwriting higher-complexity cases for certain segments, including large, major, national, or special accounts, or demonstrated capability to meet the required job responsibilities.
Demonstrated skill and experience underwriting and pricing various funding options and products and making sound decisions.
Operational knowledge of renewal and prospective group health underwriting processes and procedures.
Knowledge of underwriting methodologies, including mathematical and financial group health underwriting and funding.
Extensive experience applying consortium procedure and pricing, if applicable.
Extensive experience and knowledge of managed care and health care, group insurance products, group health underwriting financial arrangements, and state and federal legislation relevant to underwriting.
Work management skills, including prioritizing and assigning work and project assignments.
Highly effective presentation skills for addressing customers and senior management.
Skills in developing presentations, maintaining positive relationships, interacting with large and strategic account representatives, coordinating cross-department initiatives, interacting with senior management, and leading staff.
Project management skills and experience, including designing and leading projects.
Verbal and written communication skills, including correct grammar, appropriate word choice, precision, structure, and tone and level of detail suited to the audience.
Ability to establish and maintain positive business relationships and demonstrate interpersonal skills.
Independent judgment and problem-resolution skills.
Ability to multitask, prioritize, and manage time and workload to meet deadlines.
PC proficiency, including Microsoft Word and Excel.
Demonstrated skill and experience presenting to external clients.
Process management and process improvement experience and skills to identify and implement process changes.

Nice To Haves

Knowledge of the Blue System and ability to price National business.
Rotation to other Underwriting market segments.

Responsibilities

Manage a team underwriting accounts in compliance with HCSC goals and objectives and applicable federal and state legislation.
Support the sale and renewal of group business through underwriting and pricing of accounts, funding options, and products.
Prioritize and assign work and project assignments; lead staff and manage time and workload to meet deadlines.
Develop and deliver presentations to customers, external clients, and senior management.
Build and maintain positive internal and external business relationships, including with representatives of large and strategic accounts.
Coordinate initiatives across departments and interact with senior management.
Design and lead projects and manage processes, including identifying and implementing process improvements.
Interact with BCBSA and member plans.
Interpret and describe BCBS products and financial arrangements, as well as those offered by competitors.