Stop Loss Underwriter - Remote

Symetra

1d • Remote

About The Position

Symetra has an exciting new opportunity to join our team as a Stop Loss Underwriter!
About the role
In this role you will be responsible for risk-based underwriting of new and/or existing accounts. You’ll be accountable for the achievement of profit, persistency, and growth goals through financial analysis of employer groups.

Requirements

• High School Diploma Required. Bachelor's Degree or equivalent combination of education and work experience highly preferred.
• 1-2 years of Stop Loss risk based underwriting experience required.
• Sound Knowledge of Stop Loss products/pricing.
• Solid knowledge of the underwriting field and understanding of Employee Benefit Plans.
• Strong analytical and technical skills.
• Strong decision-making skills.
• Effective interpersonal and negotiation skills.
• Service and sales oriented.
• Excellent written and verbal communication skills.
• Strong teamwork orientation.
• Presentation skills.
• Solid understanding of Microsoft Office Products.

Nice To Haves

• Working towards HIA, MHP, or CEBS designation a plus.

Responsibilities

• Determine level of risk based on established guidelines.
• Analyze information on past claim history and other standard criteria.
• Determine needed rate level using multiple tools, including a medical evaluation of ongoing large claimant concerns.
• Develop and determine appropriate aggregate factors.
• Release final rates and factors.
• Accountable for profitability and all risk-based decisions.
• Block Management: Manage Performance of New and/or Existing Accounts for assigned territories in the following areas:
• Target final effective renewal rate increases
• Close ratio
• Case premium persistency
• Billed to manual ratio
• Quote turnaround time
• Provide competitive feedback on rates/factors and products to management. Recommend improvements in underwriting and marketing strategies.
• Participate in underwriting projects and cross training initiatives.
• Daily interaction with agents, field staff, marketing reps and other underwriters to maintain consistency and support department workflow.
• Build and maintain excellent client, rep, TPA and internal personnel relations.

Benefits

• Flexible full-time or hybrid telecommuting arrangements
• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
• Paid time away including vacation and sick time, flex days and ten paid holidays
• Give back to your community and double your impact through our company matching

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 501-1,000 employees