Group Underwriting Consulting RX

Actuarial Division; Richardson (TX); Hybrid; USD 93,000 - 168,000; Full time

Job summary

HCSC is seeking an experienced underwriting consultant to drive profitability through pricing analysis and strategic underwriting for the RX business. The role involves quoting and rating proposals, projecting renewals, and preparing annual settlements and experience reporting under minimal supervision.

This hybrid position requires 3 days in the office and 2 days remote, with opportunities to influence pricing strategies within health insurance. Located in Chicago or Richardson, TX.

Qualifications

• Bachelor’s degree in mathematics or accounting.
• Minimum of 5 years underwriting experience.
• Knowledge of State and Federal legislation to group health underwriting.

Responsibilities

• Quote and rate proposals for HCSC RX business.
• Project renewal and prepare annual settlements and experience reporting.
• Provide underwriting expertise to ensure pricing profitability.

Skills

Underwriting

Mathematics

Financial analysis

Education

Bachelor’s degree in Mathematics or Accounting

Tools

Excel

Job description

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

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

Compensation: $92,700.00 - $167,500.00

Exact compensation may vary based on skills, experience, and location

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.