Sr. Analyst, SL Underwriter

CVS HealthHartford, CT
1d

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary As part of the Stop Loss Center of Excellence, this role will be supporting the Stop Loss Underwriting team. In this role, you will support the organization's ability to achieve its financial and strategic goals through effective underwriting. Identifies and manages risk, focused on stop loss risk, to maximize revenue, membership, and earnings. Performs underwriting analysis and risk assessment for new and/or renewal of large group contracts and accountings.

Requirements

  • Working knowledge of execution and delivery (planning, delivering, and supporting) skills
  • Working knowledge of problem solving and decision-making skills
  • Adept at collaboration and teamwork
  • Adept at growth mindset (agility and developing yourself and others) skills
  • 3-5 years work experience

Nice To Haves

  • Experience and/or exposure to stop loss rating tools and processes as well as evaluating risk associated with the Stop Loss product.

Responsibilities

  • Assists with establishing and implementing results-based programs and innovative initiatives for the Underwriter area, under general supervision.
  • Applies in-depth knowledge of the Underwriter field to offer feedback for decisions and innovation strategies that enhance organizational growth and visibility.
  • Prepares and delivers moderately complex new business quotes, existing business renewals and/or accountings.
  • Reviews work for accuracy and recommends pricing and/or accounting alternatives based on financial analysis, underwriting principals, and business strategy.
  • Coaches more junior colleagues in techniques, processes, and responsibilities.

Benefits

  • Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
  • No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
  • Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
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