Group Underwriting Consulting RX

Health Care Service Corp.; Richardson (TX); Hybrid; USD 93,000 - 168,000; Full time

Job summary

Health Care Service Corporation in Richardson, TX is seeking an experienced underwriting consultant to drive profitability through pricing, projections, and annual settlements for the HCSC RX program.

This hybrid role requires 5+ years underwriting experience, a math/analytics background, and knowledge of health insurance regulations. The successful candidate will advise on pricing strategies and monitor accounts to maintain profitability.

Qualifications

• Bachelor’s degree in mathematics or accounting.
• Minimum of 5 years underwriting experience.
• Advanced knowledge of mathematical applications used in underwriting, including ability to calculate figures such as discounts, proportions and percentages, as well as application of basic concepts of business mathematics and algebra in underwriting problems.
• Knowledge of State and Federal legislation to group health underwriting.

Responsibilities

• Achieve profit, growth, service and expense objectives through financial analysis and pricing of HCSC RX business by quoting and rating proposals, projection renewal and annual settlements.
• Serve as expert consultant on underwriting matters, performance guarantees, and other financial considerations.
• Provide underwriting services to determine pricing and monitor accounts to ensure profitability.
• Maintain knowledge of pricing strategies in the health insurance industry.

Skills

Underwriting experience

Mathematical applications in underwrit

State and Federal underwriting laws

Education

Bachelor’s degree in mathematics or accounting

Tools

Excel

Job description

Job Summary

This position is responsible for achieving profit, growth, service and expense objectives through the financial analysis and pricing of HCSC RX business by quoting and rating proposals, projection renewal and the preparation of annual settlements and experience reporting. Under minimal supervision, the group underwriting consultant serves as an expert consultant on matters pertaining to underwriting, performance guarantees, and other financial considerations. Provides underwriting services to determine pricing and monitors accounts to ensure they remain on a profitable basis. Maintains and applies knowledge of pricing strategies in the health insurance industry.

Required Job Qualifications:

• Bachelor’s degree in mathematics or accounting
• Minimum of 5 years underwriting experience
• Advanced knowledge of mathematical applications used in underwriting, including ability to calculate figures such as discounts, proportions and percentages, as well as application of basic concepts of business mathematics and algebra in underwriting problems
• Knowledge of State and Federal legislation to group health underwriting

Preferred Job Qualifications:

• Experience with major pharmacy benefit managers (PBM) RX Broker Inermediate Excel skills

This is a Flex (Hybrid) role: 3 days in office; 2 days remote. Chicago or Richardson, TX Sponsorship is not available. #LI-Hybrid INJLF

Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards. The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan. Flex employees are expected to be in the office a minimum of three days a week. Management will have discretion to modify an employee's weekly schedule for exigent circumstances.

Join our talent community and receive the latest HCSC news, content, and be first in line for new job opportunities. Join our Talent Community. For more than 80 years, HCSC has been dedicated to expanding access to high-quality, cost-effective health care and equipping our members with information and tools to make the best health care decisions for themselves and their families. As an industry leader, HCSC also has been helping to make the health care system work better for all Americans. To remain a leader, we offer compelling careers that encourage resourcefulness, strategic thought and empower you to make a difference in the lives of our members and their communities. Today, with the industry at an important crossroad, HCSC is reimagining health care and looking for original thinkers who aren’t afraid to make innovative contributions. We are an Equal Opportunity Employment employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Learn more about HCSC, our commitment to our members and the opportunity you’ll have to improve health care delivery in an open, collaborative environment.

Base Pay Range

$92,700.00 - $167,500.00 Exact compensation may vary based on skills, experience, and location.

HCSC Employment Statement:

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

We are a drug-free and smoke-free workplace. Employment may be contingent upon successful completion of drug screening in accordance with applicable law.

If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations. Please note that only requests for accommodations in the application process will be returned.

All applications, including resumes, must be submitted through HCSC's Career website on-line application process. If you have general questions regarding the status of an existing application, navigate to "candidate home" to view your job submissions.

Blue Cross and Blue Shield of Illinois, Blue Cross and Blue Shield of Montana, Blue Cross and Blue Shield of New Mexico, Blue Cross and Blue Shield of Oklahoma, and Blue Cross and Blue Shield of Texas, Divisions of Health Care Service Corporation, a Mutual Legal Reserve Company, and Independent Licensee of the Blue Cross and Blue Shield Association © Copyright 2025 Health Care Service Corporation. All Rights Reserved.