Stop Loss Underwriting Consultant

Health Care Service Corporation•Downers Grove, IL

1d•Hybrid

About The Position

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers. Join HCSC and be part of a purpose-driven company that will invest in your professional development. Job Summary This position is responsible for quoting and rating proposals and renewal projections and approves cases within established authority guidelines.

Requirements

Bachelor degree OR 5 years of experience in a group health insurance function.
5 years of experience underwriting cases of moderate complexity OR Demonstrated capability to meet required job responsibility.
2 years of underwriting of higher complexity cases.
Successfully demonstrated skills and experience in underwriting and pricing of various funding options and products and making sound decisions.
Successfully demonstrated skills for performing risk qualification.
Math skills including the four basic math calculations (addition, subtraction, division & multiplication) and ability to estimate for mathematical reasonableness.
Successfully demonstrated interpersonal skills in establishing and maintaining positive business relationships.
Independent judgment and problem resolution skills.
Work and project management skills including the ability to multi-task, prioritize, and manage time and workload to meet deadlines.
Verbal and written communication skills to include correct grammar, word choice, precision, conciseness, structure, audience appropriate tone and language.
PC proficiency to include Word and Excel.
Successfully demonstrated skills and experience in presenting to external clients.
Extensive knowledge and skills in applying state and federal legislation governing underwriting practices.
Effective Negotiation skills.
Financial analysis and underwriting skills.
Successful experience achieving positive results dealing with customers, consultants and brokers.
Skills to deliver on the job training.
Extensive experience-based knowledge of Stop Loss Process management and process improvement experience and skills to identify and implement process changes.

Responsibilities

Represent HCSC as a consultant/subject matter expert for financial meetings with external clients.
Formulate strategies and present renewals, proposals, and other financial strategies to designated prospect and current accounts, consultants, and brokers.
Take an active role in corporate projects and function as the lead in departmental projects.