Senior Stop-Loss Underwriter: Risk & Pricing Leader

Highmark Health; New Jersey; On-site; USD 79,000 - 127,000; Full time

Job summary

HM Insurance Group seeks an experienced underwriter to price quotes and analyze contract structures for group-based plans. The role involves exercising underwriting authority within HMIG policies to ensure profitability and growth, evaluating risk factors for new enrollments, renewals, and amendments, and using data and market insights to set rates.

The incumbent may oversee lower-level analysts and support various internal initiatives.

Qualifications

• Bachelor's degree in Mathematics, Actuarial Science, Finance, Business, Computer Science or other quantitative analysis discipline.
• 6 years relevant, progressive experience in the area of specialization.

Responsibilities

• Renewals and new business underwriting at profitable levels using data and pricing systems.
• Calculate rates and pricing policy interpretations.
• Identify unusual claim patterns and provide recommendations.
• Apply risk management policies to pricing adjustments.
• Assess client compliance with risk policies and enrollment criteria.
• Support fraud detection, compliance, wellness and product development initiatives.
• Guide junior analysts and maintain departmental tools and processes.

Skills

Stakeholder management

Systems literacy

Independent work

Math aptitude

Negotiation skills

Ethics & compliance

Education

Bachelor's degree in Mathematics/Actuarial Science/Finance/Business/CS or quantitative discipline

Tools

Pricing systems

Job description

HM Insurance Group seeks an experienced underwriter to price quotes and analyze contract structures for group-based plans. The role involves exercising underwriting authority within HMIG policies to ensure profitability and growth, evaluating risk factors for new enrollments, renewals, and amendments, and using data and market insights to set rates.

The incumbent may oversee lower-level analysts and support various internal initiatives.