Senior Stop-Loss Underwriter, Self-Funded Plans

Highmark Health; Hydaburg (AK); On-site; USD 79,000 - 127,000; Full time

Job summary

HM Insurance Group is seeking an experienced underwriter to price quotes and analyze group contracts based on claims experience and employee group characteristics. The role requires exercising underwriting authority to protect profitability and growth, while identifying when quotes do not align with HMIG strategy and risk structure.

The position involves analyzing risk factors for enrollment, renewals, and amendments, preparing reports, and supporting internal teams with pricing, financial

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
• 5 - 7 years' experience in underwriting of self-funded and converting fully insured prospects to self-funding

Responsibilities

• Responsible for a book of business of renewing accounts and writing new business at profitable levels to help HMIG achieve overall business targets or assigned volume of new applications or RFP’s.
• Calculate rates, employ different financial arrangements, interpret pricing policy and adapt to unusual situations.
• Identify questionable claim patterns of renewal clients and issues with competitor’s claims experience for prospect clients and develops recommendations to account for these situations.
• Apply corporate risk management policies and adjust for unusual situations that may not have been considered in the standard pricing formula.
• Identify when clients do not comply with corporate risk management policies, disclosure rules, or conditions/criteria for enrollment.

Skills

Mathematics

Actuarial Science

Finance

Business

Computer Science

Quantitative analysis

Education

Bachelor's degree

Job description

HM Insurance Group is seeking an experienced underwriter to price quotes and analyze group contracts based on claims experience and employee group characteristics. The role requires exercising underwriting authority to protect profitability and growth, while identifying when quotes do not align with HMIG strategy and risk structure.

The position involves analyzing risk factors for enrollment, renewals, and amendments, preparing reports, and supporting internal teams with pricing, financial