Technical Underwriter

Novacore•Conshohocken, PA

7d•Hybrid

About The Position

The Technical Underwriter is an essential member of our Underwriting Team, involving daily communication and collaboration with a team of Underwriters, responsible for evaluating risk and determining the appropriate insurance coverage. While prior experience and industry knowledge are important, a positive, can-do attitude is crucial. In this fast-paced industry, strong time management and problem-solving skills are the keys to success. Carbon Stop Loss Solutions is a leading managing general underwriter (MGU) in the field of employer stop loss and managed care insurance. Carbon’s team of experts are known as the industry leader in delivering best-in-class risk solutions to effectively lower healthcare costs. Carbon’s offerings support clients and brokers in a rapidly changing healthcare market with best-in-class service, underwriting, claims support and effective cost containment strategies. Carbon Stop Loss Solutions makes up Novacore’s Healthcare Segment. At Novacore, we’re entering an exciting new chapter. Novacore is the newly formed specialty insurance entity created from the April 2025 sale of NSM Insurance Group’s U.S. commercial division. We’re building something bold and meaningful, and every team member plays a vital role in that mission. Ideally, this role will sit at our Home Office in Conshohocken, PA on a hybrid schedule.

Requirements

Bachelor’s degree in risk management, Insurance, Business, preferred.
Can-do attitude is key; eagerness to jump in and roll up your sleeves.
1-3 years’ experience of MGU/Healthcare insurance underwriting.
Technical knowledge for underwriting level.
Intermediate to advanced Microsoft Office skills.
Skillful time management and the ability to manage multiple priorities, deadlines, and interruptions in a high-volume setting.
Work independently and as part of a team; maintain relationships with external customers.

Responsibilities

Initial Rating-Prospects through verification of entered Reinsurance terms, benefits, and counts:
List PPO Discount per charts for all carriers, verifying all required information
Enter Current or Renewal Terms
Input Aggregate Claims Experience and Shock information
Issuance of manual quotes through VP approval
Generate renewals- General Outline:
Check Benefits, reinsurance terms etc as with new RFPs
Send Off Initial Nurse Review
Run Renewal Reports
Complete Matrix
Enter Aggregate and Shock Claims
Check for reserves
Track Renewals
Provide email and phone coverage for partnered VP when out of the office, by means of simple requotes, and coordination of required underwriting coverage.
Sold Case Processing- coordination of data retrieval, nurse review, SCT and apps.
Organization of files.
Binder and/or Disclosure Letter when needed.
Coordinate Nurse Reviews as needed through the entire process from completing medical review form, submitting data, requesting risk management, continued follow up, etc.