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Manager Underwriting - REMOTE

Prime Therapeutics

Hartford (CT)

Remote

USD 94,000 - 160,000

Full time

30+ days ago

Job summary

A healthcare solutions company is seeking a Manager of Underwriting to oversee underwriting activities and support sales initiatives. The role requires strong leadership, communication skills, and a background in finance or related areas. Responsibilities include managing a team of underwriters and developing pricing strategies to enhance client engagement. Ideal candidates will have significant experience in underwriting practices and a knack for collaboration in a fast-paced environment.

Benefits

Comprehensive benefits package
Remote work flexibility
Career advancement opportunities

Qualifications

  • Bachelor's degree in a related field or equivalent experience.
  • Minimum of 6 years in a relevant field with at least 1 year in leadership.
  • Ability to calculate financial figures and apply business math.

Responsibilities

  • Manage a team of underwriters for existing clients.
  • Coordinate workflow and oversee underwriting activities.
  • Develop client-specific pricing strategies and support sales.

Skills

Mathematical applications
Effective communication
Teamwork
Stress management

Education

Bachelor's degree in Mathematics, Accounting, Finance
6 years related work experience
1 year leadership experience
Job description

Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.

Job Posting Title

Manager Underwriting - REMOTE

Job Description

The Manager of Underwriting is responsible for managing the underwriting activities of a team of underwriters for existing clients at Prime Therapeutics. This position is responsible for serving as a consultant on matters pertaining to underwriting, performance guarantees, competitive pricing tactics, and other financial considerations. The Manager is also responsible for maintaining and applying knowledge of pricing strategies in the PBM industry.

Responsibilities

  • Oversees and coordinates workflow for the existing client underwriting group

  • Manages a team of underwriters in support of the underwriting process; responsible for guidance and development of direct reports

  • Coordinates modeling and tracking of revenue streams generated by existing clients

  • Provides support to Sales and Client Engagement, assisting in the development of client presentations and negotiations pertaining to pricing and guarantees

  • Engages with Sales and Client Engagement to provide input into the development of client specific pricing strategies

  • Monitors trends and identifies the need for new or revised procedures and practices to achieve profit, sales and retention objectives

  • Participates in development of methodologies, models, and reports to support objectives of the position

  • Develops key internal relationships with business partners to ensure efficient and effective business processes and transactions

  • Other duties as assigned

Education & Experience

  • Bachelor's degree in Mathematics, Accounting, Finance or related are of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required

  • 6 years of related work experience and/or training

  • 1 year of leadership/people management experience

  • Must be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications

  • Knowledge of mathematical applications used in underwriting functions including the ability to calculate figures such as discounts, proportions and percentages, as well as the ability to apply basic concepts of business mathematics and algebra in underwriting problems.

  • Ability to effectively present information and respond to questions in one-on-one or small group situations

  • Excellent written and verbal communication skills

  • Ability to communicate effectively with Senior Leadership Team

  • Works well under stressful situations with competing deadlines and goals

  • Ability to thrive working as an individual or in a team setting

Preferred Qualifications

  • 2 years of experience as a Senior Underwriter or Benefits Consultant

  • 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 occasionally lift and/or move 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 $94,000.00 - $160,000.00 based on experience and skills.

To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page (https://www.primetherapeutics.com/benefits) and click on the "Benefits at a glance" button for more detail.

_Prime Therapeutics LLCis 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 torace, 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's 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's lives.

Prime Therapeutics LLCis 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 torace, 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.

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 Careers@primetherapeutics.com.

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