Medical Stop Loss Underwriting Consultant

Highmark Health; Boise (ID); On-site; USD 94,200 - 151,000; Full time

Job summary

Highmark Health is seeking an experienced Underwriter to manage a block of stop loss business in Boise, ID. The role involves underwriting new and renewal business, collaborating with sales and clinical teams, and providing leadership and training to team members.

Applicants should have 10-15 years of underwriting experience, preferably in the insurance industry. A Bachelor's Degree or equivalent experience is required. The position offers a pay range between $94,200 and $151,000 annually.

Qualifications

• 10-15 years of experience in Underwriting required.
• 6 years of experience can substitute for a degree.
• Preferred certifications include CEBS, HIA, MHP.

Responsibilities

• Underwrite new and renewal business within an assigned block.
• Collaborate with Sales, Underwriting and Clinical to implement pricing actions.
• Train and coach lower-level staff.
• Monitor overall block performance and report on financial trends.
• Act as subject matter expert to support sales negotiations.

Skills

Creative Thinking

Risk Management

Relationship-builder with Unsurpassed Interpersonal Skills

Conflict Management

Solution Recommendations

Analytical Skills

Education

Bachelor's Degree in Mathematics, Actuarial Science, Finance, Business Administration/Management or Computer and Information Science

Job description

Company

HM Insurance Group

Job Summary

This role participates on a multi-disciplinary team focused on highly visible, complex broker and/or TPA relationships that are organized into blocks. Some direct client interaction, but primary client contact is the sales leadership. Manages a block of stop loss business and case level underwriting within the block to achieve overall goals. Operates in a matrix structure working with the Sales, Underwriting and Clinical teams and oversees all aspects of new business and renewal pricing and risk analysis associated with select clients. Responsible for the P/L, renewal metrics and new business sales for the block. Expected to provide creative solutions on a case level and assists in the development and execution of creative solutions at the block level. Provides leadership and training to other underwriters supporting programs.

Essential Responsibilities

• Responsible for underwriting new and renewal business within an assigned block. Use rating manual, experience module and clinical expertise to create pricing that drives P/L, renewal metrics and new business sales for assigned block.


• Collaborate with Sales, Underwriting and Clinical to develop and implement pricing actions that will help HMIG meet financial targets.


• Train, coach and provide experiences to lower level staff with the purpose of expanding consultative best practices throughout the department.


• Utilize client and market knowledge to expand/enhanced Underwriting Guidelines, processes and tools by incorporating best practices.


• Monitor overall block performance and report on emerging financial trends; develop strategies and tactics to move case level and block results to meet targets.


• Act as subject matter expert to support Sales' negotiations to renew existing clients and enroll new business.


• Other duties as assigned or requested.

Education

• Required: Bachelor's Degree in Mathematics, Actuarial Science, Finance, Business Administration/Management or Computer and Information Science.


• Substitutions: 6 years of experience in lieu of degree.


• Preferred: None.

Experience

• Required: 10 - 15 years in Underwriting.


• Preferred: 10 - 15 years in the Insurance Industry.

Licenses and Certifications

• Required: None.


• Preferred: Certified Employee Benefit Specialist (CEBS), Health Insurance Associate (HIA), Managed Healthcare Professional (MHP), Society of Actuaries.

Skills

• Creative Thinking


• Risk Management


• Relationship-builder with Unsurpassed Interpersonal Skills


• Conflict Management


• Solution Recommendations


• Analytical Skills

Language (Other than English)

None.

Travel Requirement

0% - 25%

Pay Range

Minimum: $94,200.00
Maximum: $151,000.00

Equal Employment Opportunity

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law.