Underwriter - New Business

Position Overview

The company was founded in 2011 to help small and medium-sized businesses fight the rising cost of employee health benefits. We blazed the trail with financing innovations that reduce the risks in self-insurance and deliver significant savings—and we continue to lead with a growing ecosystem of partners and world-class cost control solutions.

Key Responsibilities

• Support the underwriting process using a best-in-class captive offering to create profitable stoploss offerings for prospective captive members.
• Conduct preliminary risk assessments of prospective Pareto captive members, who are currently both fully insured and self-funded health plans, to assist in determining appropriate stoploss coverage levels and premiums.
• Assist in analyzing healthcare data, including claims and utilization patterns, to forecast potential risks and cost implications.
• Collaborate with the Sales team to provide consultants with the necessary financial information required to join the captive.
• Adapt to working in an environment of incomplete information.
• Stay informed about competitive market dynamics and respond appropriately.
• Work under the guidance of senior underwriters to enhance underwriting skills and knowledge.
• Participate in ongoing training to develop a deeper understanding of medical treatments and projected costs in partnership with the clinical risk team.
• Ensure adherence to industry standards and legal requirements in all underwriting decisions and practices.

Required Skills & Qualifications

• Bachelor’s degree in finance, economics, actuarial science, or a related field; relevant professional certifications are a plus.
• Minimum of 2-3 years of experience in underwriting, preferably with some exposure to stoploss insurance and health risks. Experience with captives is a plus but not required.
• Basic proficiency in underwriting software, data analysis tools, and Microsoft Office Suite.
• Ability to analyze data, identify trends, and support underwriting decisions.
• Good communication and negotiation skills, with the ability to articulate technical concepts to a non-technical audience.
• Team player, capable of working effectively in a dynamic and collaborative environment.
• Basic understanding of stoploss products, self-funding, healthcare industry trends, and the regulatory landscape.

Perks & Benefits

• Fully paid medical, dental, and vision benefits.
• Flexible PTO
• 401k company contribution
• Tuition reimbursement
• Professional development allowance
• Transportation allowance and daily parking reimbursement
• Engaging hybrid work environment

Values

We are guided by our values:

• Fire in the belly
• The drive to learn, to improve, and to deliver outstanding value every day.
• See the field
• The ability to see the big picture and prepare to meet tomorrow’s needs.
• Get it done right
• The passion to produce at higher rates and to the highest standards.
• For the greater good
• A united community creating better health benefit solutions for all.

Disclosures

ParetoHealth is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion (creed), gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status, in any of its activities or operations. These activities include, but are not limited to, hiring and firing of staff, selection of volunteers and vendors, and provision of services. We are committed to providing an inclusive and welcoming environment for all members of our staff, clients, volunteers, subcontractors, vendors, and clients.

California Applicants

See Pareto’s CCPA Notice of Collection for California Employees and Applicants for information about how Pareto Captive Services, LLC, Pareto Health, LLC, and Pareto Underwriting Partners, LLC, together with their respective subsidiaries (collectively, “Pareto”) collects and uses personal information submitted by employment applicants.