Senior Analyst, Underwriter

CVS Health•Hartford, CT

2d•$46,988 - $122,400•Remote

About The Position

This Underwriting role is with Meritain Health, an independent subsidiary of Aetna and CVS and a large employee benefits administrator. The underwriting department supports organizational goals by issuing quotations and proposals for prospective and existing business, including administrative fee pricing, stop loss, RFP questionnaire responses, and plan consultation. This fully remote position works with a diversified book of business, including Mid-Market and Captive/Alternate channels. The role provides underwriting guidance and consultation to Sales and Client Management, prepares financial deliverables and projections, supports stop loss policy marketing and placement, analyzes operational data, and presents to internal and external stakeholders. It also collaborates with Sales leadership to select appropriate products and explain rates, fees, and underwriting and stop loss policies.

Requirements

1–2 years of applicable medical insurance experience, such as with brokers/producers, carriers, third-party administrators, benefit analysis, underwriting, rating methodologies, or policy marketing.
Excellent verbal and written communication skills.
Exceptional problem-solving and decision-making skills.
Demonstrated analytical skills.
Ability in collaboration and teamwork.
Growth mindset skills, including agility and developing yourself and others.
High school diploma, GED, or equivalent.

Nice To Haves

3–4 years of applicable medical insurance experience, such as with brokers/producers, carriers, third-party administrators, benefit analysis, underwriting, rating methodologies, or policy marketing.
Bachelor's degree or specialized training.
Intermediate or advanced Microsoft Excel skills.
Experience with Salesforce.

Responsibilities

Provide guidance and consultation to Sales and Client Management teams on pricing and stop loss strategies.
Prepare and issue quotations and other financial deliverables for prospective and existing business while meeting departmental turnaround-time goals.
Prepare financial projections for prospects using financial models in Excel and Salesforce.
Market and place stop loss policies, negotiating terms based on claims data, strategy, relationships, and cost avoidance or reduction efforts.
Work with leaders from key functional areas to understand potential impacts of custom requests.
Manage and interpret operational data and apply it to fee development and financial analysis.
Present to internal and external customers, constituents, and business partners.
Maintain a clear understanding of Meritain products and services, along with strong business and systems knowledge.
Develop and participate in presentations to existing and prospective customers, business partners, and internal business areas.
Collaborate with Sales leadership to determine the appropriate product mix for proposals targeting reduced total cost of care for plan sponsors.
Independently assist Sales and Client Management personnel in explaining rates and fees and communicating underwriting and stop loss policies.
Establish and maintain positive, productive relationships with Sales, Client Management, the stop loss panel, and internal partners.