Senior Stop Loss Underwriter (High Volume)

Strategic Risk Solutions; Concord (NH); Remote; USD 70,000 - 110,000; Full time

Job summary

An innovative firm is seeking a Stop Loss Policy Administration Team Lead to spearhead underwriting operations in the medical stop loss sector. This remote role is perfect for seasoned underwriters with a solid grasp of underwriting philosophies. You will be responsible for leading a dynamic team, conducting thorough analyses, and building relationships with agents to drive business success. With a commitment to growth and inclusion, this position offers a competitive salary and benefits, all within a fast-paced and supportive environment. If you're ready to make an impact in a thriving industry, this opportunity is for you.

Benefits

Competitive Salary

Bonus Plan

Generous Benefits Package

Growth Opportunities

Inclusive Work Environment

Qualifications

• 5+ years of medical stop loss underwriting experience required.
• Intermediate Excel skills and strong documentation abilities are essential.

Responsibilities

• Lead underwriting operations in the medical stop loss market.
• Conduct analysis of applications and perform risk assessments.

Skills

Medical Stop Loss Underwriting

Risk Assessment

Excel

Relationship Building

Negotiation Skills

Documentation Skills

Education

Bachelor's Degree

Job description

MSL Captive Solutions Inc., a division of Strategic Risk Solutions Inc. (SRS), the world’s largest independent insurance company manager, is growing and looking for a Stop Loss Policy Administration Team Lead experienced in stop loss policy administration.

This remote U.S. based role is tailored for experienced Underwriters with solid knowledge of underwriting philosophies and techniques within medical stop loss.

Responsibilities and Duties

• Lead and manage the underwriting operations as we grow in an emerging, exciting segment of the medical stop loss market
• Conduct in-depth analysis of applications, financial documents, and other relevant information to make informed decisions
• Performing risk assessments on potential clients to minimize financial loss
• Underwrite and analyze new and renewal business
• Develop, and maintain relationships with agents and brokers in support of business acquisition and retention
• Work with customers and distributors to determine their (re)insurance related needs and to provide solutions

Attributes and Skills

• Bachelor's Degree required
• 5+ years’ experience of medical stop loss underwriting experience
• Intermediate Excel skills
• Solid knowledge of processing methods and workflow procedures, and basic knowledge of insurance underwriting and regulations for assigned territories
• In-depth knowledge of medical stop loss line of business and the legal and regulatory guidelines
• Previous experience with medical stop loss captives is preferred but not required
• Superior skills in relationship building, active listening, needs analysis and win-win negotiating
• Ability to communicate and negotiate with all areas related to the captive functions, including underwriting, program management, carrier management as well as producers and employers
• Ability to effectively assess risk
• Guide and mentor junior underwriters
• Strong documentation skills

About Strategic Risk Solutions
SRS is the world’s largest independent insurance company manager. With over 25 years of experience, SRS provides management and consulting services to a wide range of insurance company entities, from single parent captives to complex commercial insurers and reinsurers. SRS has operations in the United States, Canada, Europe, Barbados, Bermuda, Cayman Islands, Latin America, and South Africa.

Offering a competitive salary, bonus plan, and a generous benefits package, SRS strives to provide every employee with opportunities for rewarding growth and advancement in an environment of genuine equity and inclusion. The pace is fast and demanding, and SRS’s dedication to its people has established a company-wide network of colleagues committed to each other’s, as well as the Company’s, success.
EOE

For more information on SRS, please visitwww.strategicrisks.com.