Senior Underwriter - Medical Stop Loss

About the role

The Senior Underwriter – Medical Stop Loss is responsible for evaluating, risk assessing, pricing, and underwriting stop loss insurance for self-funding employer groups. This role is ideal for candidates located in the Phoenix, AZ area who can work remotely, though highly qualified candidates from other parts of the US may be considered for a fully remote arrangement.

Key Responsibilities

• Underwrite new and renewal stop loss business in accordance with underwriting guidelines, risk appetite, and profitability targets
• Analyze complex self-funding employer group data, including claims experience, demographics, plan design, and funding structures
• Possess strong stop loss market expertise, sound analytical judgment, and the ability to develop trusted relationships with brokers, consultants, TPAs, and internal stakeholders
• Participate in finalist presentations and renewal discussions as needed
• Maintain and monitor portfolio performance, supporting profitable growth initiatives
• Contribute to underwriting process improvements, product enhancements, and best-practice initiatives

Qualifications

• Bachelor’s degree in business, finance, actuarial science, or a related field required; advanced degree or professional designations (e.g., CEBS, FLMI, ASA) preferred
• 5–10 years of experience underwriting stop loss insurance for self-funding employer groups
• Strong knowledge of stop loss insurance products, market dynamics, and regulatory requirements
• Proven ability to make sound risk decisions and contribute to profitable portfolio performance
• Excellent analytical, quantitative, and problem-solving skills
• Strong relationship-building, negotiation, and communication abilities
• Proficiency in underwriting systems, analytics tools, and Microsoft Office Suite
• Able to work independently while collaborating effectively in a fast-paced, growth-oriented environment

Pay

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. Discretionary incentive compensation may be awarded.

Schedule

This role is ideally suited for candidates who can work remotely from the Phoenix, AZ area, though highly qualified candidates from other parts of the US may be considered for a fully remote arrangement.

Benefits

Jencap offers a range of benefits and programs, based on eligibility, which currently include but are not limited to: comprehensive health care coverage, a 401(k) plan, and tuition reimbursement.