Underwriting Manager
About The Position
Join Our Team: Do Meaningful Work and Improve People’s Lives Our purpose, to improve customers’ lives by making healthcare work better, is far from ordinary. And so are our employees. Working at Premera means you have the opportunity to drive real change by transforming healthcare. Premera is committed to being a workplace where people feel empowered to grow, innovate, and lead with purpose. By investing in our employees and fostering a culture of collaboration and continuous development, we’re able to better serve our customers. It’s this commitment that has earned us recognition as one of the best companies to work for. Learn more about our recent awards and recognitions as a greatest workplace. Learn how Premera supports our members, customers and the communities that we serve through our Healthsource blog: https://healthsource.premera.com/. As an Underwriting Manager, you will guide a high-performing team and shape the work that drives our business forward. In this role, you’ll combine people leadership, strategic insight, and underwriting expertise to strengthen operations and support key priorities across the organization. This is a remote/telecommuter position, working from home.
Requirements
- Bachelor’s Degree in Business Administration or related field of study, or (4) years of work experience.
- (5) years of underwriting, regulatory, or health insurance consulting experience.
- Previous underwriting experience.
Nice To Haves
- (2) years of experience in health insurance management or a leadership position.
- Master’s Degree.
- CEBS (Certified Employee Benefit Specialist) designation.
- Demonstrated track record in providing leadership in complex business cases and/or projects.
- Substantial knowledge of the health insurance industry, and of the group administration and/or underwriting function within an insurance carrier setting.
- Excellent negotiation and influencing skills. Demonstrated ability to negotiate "win-win" situations as it relates to business decisions.
- Ability to assess market conditions and recommend contract and underwriting improvements to support competitive position and/or revenue growth opportunities.
Responsibilities
- Develop and deploy management monitoring reports for tracking financial and membership positions and contract and fulfillment production, using these reports to effectively manage the business and report results to senior management teams.
- Manage underwriting, pricing, and/or contracting activities to ensure that rates and policy provisions are adequate to meet the risks assumed and the profit objectives of the company.
- Manage underwriting processes to meet or exceed turnaround goals and objectives.
- Create and maintain core competency in underwriting by recruitment, hiring, and training of high-quality, experienced, and energetic teams. Manage the associated performance appraisal process.
- Manage the budget process for assigned cost center(s), subject to corporate guidelines and senior management requirements.
- Serve as primary point of contact within Premera for other departments seeking information related to underwriting policy.
- Provide integral support to sales and account management teams, in internal and external presentations and negotiations.
- Develop and maintain pricing data and contract generation systems that support departmental and strategic management decisions with timely and accurate information.
- Assist underwriting senior management in sustaining long-term policies and procedures to formulate work unit strategy in support of organizational strategy.
- Monitor and review data from internal departments for content and accuracy, and to identify associated problems and develop solutions.
Benefits
- Medical, vision, and dental coverage with low employee premiums.
- Voluntary benefit offerings, including pet insurance for paw parents.
- Life and disability insurance.
- Retirement programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.
- Wellness incentives with a wide range of mental well-being resources for you and your dependents, including counseling services, stress management programs, and mindfulness programs, just to name a few.
- Generous paid time off to reenergize.
- Tuition assistance for both undergraduate and graduate degrees.
- Employee recognition program to celebrate anniversaries, team accomplishments, and more.
- Commuter perks make your trip to work less impactful on the environment and your wallet.
- Free convenient on-site parking.
- Subsidized on-campus cafes make lunchtime connections with colleagues fun and affordable.
- Participate in engaging on-site activities such as health and wellness events, coffee connects, disaster preparedness fairs and more.
- Our complementary fitness & well-being center offers both in-person and virtual workouts and nutritional counseling.
- Need a brain break? Challenge someone to a game of shuffleboard or ping pong while on campus.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
