Senior Stop Loss Underwriter – Remote

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.

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
• Underwrite larger and more complex cases
• Release final rates and factors
• Accountable for profitability and all risk-based decisions
• Manage performance of new and/or existing accounts for assigned territories in the following areas:
• Target Final Effective Renewal Rate Increases
• Closure Ratio
• Case Premium Persistency
• Billed to Blended Manual Ratio
• Quote Turn Around 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
• Serve as a resource to junior level underwriters

Qualifications

• High School Diploma required. Bachelor's Degree preferred.
• 3+ years of experience with Stop Loss Risk Based Underwriting required.
• Experience with captive arrangements is highly preferred.
• Extensive knowledge of Stop Loss products and pricing required.
• Extensive knowledge of the Underwriting Discipline and Employee Benefit Plans.
• Proven financial ability.
• Strong analytical and technical skills.
• Adept decision-making skills.
• Effective interpersonal and negotiation skills.
• Service and sales oriented.
• Excellent written and verbal communication skills.
• Strong teamwork orientation.
• Presentation skills.
• Proficiency with the Microsoft Office Suite and Excel in particular.
• David Young/ESL/Connexure experience preferred.
• Able to be effective in a fast paced, high-volume, production work environment.
• Able to adapt to shifts in priorities and manage case level negotiations.