Director, Underwriting - REMOTE

Prime Therapeutics; Indianapolis (IN); Remote; USD 124,000 - 211,000; Full time

Job summary

A leading healthcare organization is seeking a Director of Underwriting to lead a team and manage pricing strategies for the organization. This role requires extensive experience in underwriting, strong leadership skills, and the ability to communicate effectively with senior leadership. The position is remote and offers a competitive salary ranging from $124,000 to $211,000 based on experience.

Qualifications

• Bachelor's degree in Mathematics, Accounting, Finance or related area required.
• 8 years related experience and/or training.
• 5 years of leadership experience required.

Responsibilities

• Lead the Underwriting team to provide expert support.
• Drive ASO pricing and margin strategies.
• Ensure accuracy in financial responses to RFPs.

Skills

Mathematical applications

Exceptional communication skills

Team player

Negotiation skills

Education

Bachelor's degree in Mathematics, Accounting, Finance or related

8 years of related experience

5 years of leadership experience

Job description

Director, Underwriting - REMOTE

Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that.

The Director of Underwriting is responsible for leading the Underwriting team responsible for providing information, analyses, and RFP support for the Organization to develop recommendations for pricing terms and structure. This position provides overall direction and leadership to the underwriting teams, including oversight of both direct and carve-in lines of business. The Director serves as an expert consultant on underwriting, performance guarantees, margin, and other financial considerations.

Responsibilities

• Provide strategic direction and day-to-day guidance to a team of underwriters and managers to maintain expert underwriting support and meet organizational needs
• Collaborate with Blue Plan Underwriting and Sales Executive leadership to develop, drive, and execute ASO pricing and margin strategies
• Oversee and coordinate workflow for the underwriting team
• Work with the proposal unit to ensure responses, including pertinent definitions and caveats, for the financial responses to all RFPs are complete and accurate
• Consult with Legal and Client Engagement to ensure contractual deal terms, caveats, and other pertinent information are accurate and support the deal as underwritten
• Ensure standard operating procedures are adhered to and that all bids are properly tracked and documented
• Collaborate with management on staffing plans, productivity metrics and initiatives to improve efficiencies within the department
• Other duties as assigned

Education & Experience

• Bachelor's degree in Mathematics, Accounting, Finance or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED required
• 8 years of related experience and/or training
• 5 years of leadership/people management experience
• Must be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications

• In-depth knowledge of mathematical applications used in underwriting, including the ability to calculate figures such as discounts, proportions and percentages, and apply basic concepts of business mathematics and algebra in underwriting problems
• Exceptional communication skills; ability to distill complex material into easy-to-understand presentations and effectively respond to questions for a variety of audiences
• Strong team player with a customer service approach
• Ability to effectively communicate with Senior Leadership Team and Executive Leadership Team; presents recommendations to Executive Leadership on new pricing methodologies and follows through on execution of key strategies
• Ability to persuade and influence executive leadership at Prime, current Blue and prospective Blue plans with key initiatives to support margin and growth objectives for the self-insured pharmacy market
• Ability to negotiate with difficult external audiences and partners to support Prime and Blue plan objectives

Preferred Qualifications

• 3 years of experience as an Underwriting Manager with PBM experience

Physical Demands

• Constantly required to sit, use hands to handle or feel, talk and hear
• Frequently required to reach with hands and arms
• Occasionally required to stand, walk and stoop, kneel, and crouch
• Occasionally required to lift and/or move up to 10 pounds and up to 25 pounds
• Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus

Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures.

Potential pay for this position ranges from $124,000.00 - $211,000.00 based on experience and skills.

To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail.

Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (pregnancy, sexual orientation, and gender identity), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.

We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.

Prime Therapeutics LLC is a Tobacco-Free Workplace employer.

Positions will be posted for a minimum of five consecutive workdays.

Prime Therapeutics' fast-paced and dynamic work environment is ideal for proactively addressing the constant changes in today\u2019s health care industry. Our employees are involved, empowered, and rewarded for their achievements. We value new ideas and work collaboratively to provide the highest quality of care and service to our members.

If you are looking to advance your career within a growing, team-oriented, award-winning company, apply to Prime Therapeutics today and start making a difference in people\u2019s lives.

Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law. We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.

Prime Therapeutics LLC is a Tobacco-Free Workplace employer.

If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1.866.469.1257 or email [e-mail].