Medical Stop Loss Underwriting Specialist

Job Responsibilities

Determines whether to accept, modify, or decline a risk through evaluation of the client’s employee census data, claims history, and other pertinent information within guidelines such as rating formula’s, product filings and statutory requirements as well as internal level of authority guidelines.

Independently applies Underwriting judgment, formulates pricing decisions, negotiates within their authority limit, and handles standard to complex reporting requests.

Understands and applies current pricing strategy across the book of business.

Works closely with sales staff, brokers and clients to discuss financial results and support or directly engage in the negotiation process.

Manage ad hoc projects, and or participate in periodic process and technical design work to improve service, efficiency, or profitability.

Confidently and effectively communicates point of view through both verbal and written communications and negotiates with internal/external partners in various roles.

Qualifications

• Medical Stop Loss underwriting experience, preferably 5+ years or equivalent work experience.
• Bachelor’s degree or equivalent work experience.
• Strong time management and organizational skills.
• Strong Analytical and mathematical skills.
• Excellent communication and collaboration skills.
• Demonstrates problem solving skills on risk and service-related issues, and broad institutional knowledge in the development of solutions.

What We Offer

• Market competitive base salaries, with a yearly bonus potential at every level.
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).
• To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers.