Stop Loss Group Underwriter Consultant, Senior
About The Position
The Group Underwriter Consultant, Senior is responsible for determining acceptability of insurance risks and appropriate premium rates for large and complex group cases. This position is the most senior technical underwriting expert. This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.
Requirements
- Requires a BA/BS in a related field
- Minimum 7 years of related experience
- Any combination of education and experience, which would provide an equivalent background.
Nice To Haves
- CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred.
- Stop Loss underwriting experience preferred
- Demonstrated expertise, knowledge, and proficiency in Medical Stop Loss Underwriting.
Responsibilities
- Calculates stop loss rates for large complex cases based on thorough analysis of experience, location, demographics, etc.
- Coordinates with other departments to ensure accuracy and consistency of overall account reporting.
- Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.
- Performs post-sale reviews.
- Prepares or supervises preparation of annual settlements, rate projections, or benefit change increments and decrements.
- Surveys existing product portfolios by market, monitors sales results, trends and needs, recommends product portfolio changes.
- Assists in establishing rating and administrative procedures.
- Participates in major multi-functional teams as underwriting representative.
- Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements.
- Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.
Benefits
- comprehensive benefits package
- incentive and recognition programs
- equity stock purchase
- 401k contribution
- merit increases
- paid holidays
- Paid Time Off
- incentive bonus programs
- medical, dental, vision
- short and long term disability benefits
- 401(k) +match
- stock purchase plan
- life insurance
- wellness programs
- financial education resources
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What This Job Offers
Job Type
Full-time
Career Level
Senior
