Stop Loss Underwriter
Responsibilities
Review employer census data, claims experience, and large claimant reports.
Evaluate specific and aggregate risk exposure and establish appropriate attachment points, lasers, and aggregate corridors.
Price stop loss coverage in accordance with underwriting guidelines.
Analyze emerging large claims and assess recurrence risk.
Analyze renewal performance and determine rate adjustments.
Balance competitiveness with profitability targets.
Provide alternative quoting strategies when appropriate.
Communicate underwriting decisions clearly and professionally with producers.
Support producers during negotiations.
Partner with clinical underwriting on high-cost cases.
Coordinate with policy administration to ensure accurate contract terms.
Adhere to delegated underwriting authority.
Ensure compliance with state and federal regulations.
Requirements
2+ years of stop loss underwriting experience (specific & aggregate preferred).
Strong knowledge of self-funded health plan structures.
Experience reviewing large claimant reports and medical diagnoses.
Proficiency in underwriting models and rating tools.
Pay
The base compensation range for this position is $65,000 - $85,000.
Benefits
We also offer our employees a comprehensive suite of benefits and perks, including:
- Physical Wellness: Comprehensive medical insurance, dental insurance, and vision insurance; life and disability insurance; fertility benefits; wellness resources; and paid sick time.
- Mental Wellness: Generous paid time off and holidays; Employee Assistance Program (EAP); and a complimentary Calm app subscription.
- Financial Wellness: Immediate vesting in a 401(k) plan; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; commuter benefits; and employee discount programs.
- Family Care: Paid maternity leave and paid paternity leave (including for adoptive parents); legal plan options; and pet insurance coverage.
and so much more!