Senior Underwriter - Health Solutions

Captive Resources, LLC; Itasca (IL); On-site; USD 120,000 - 180,000; Full time

Job summary

Captive Resources, LLC seeks a Senior Underwriter to lead risk-based underwriting for new and existing accounts, focusing on profit, persistency, and growth goals through thorough financial analysis.

The role requires a Bachelor’s in Business or related field with 5+ years in stop loss underwriting and preferred Captive experience. Expect work in a high-volume, team-oriented environment with strong Excel/Word skills.

Qualifications

• Bachelor’s Degree in Business or related field with 5+ years of stop loss underwriting experience.
• Captive underwriting experience preferred and beneficial.

Responsibilities

• Input employer stop loss large claim information and aggregate claim assessment into the underwriting system.
• Determine level of risk based on established guidelines.
• Analyze information on past claim history and other standard criteria.
• Determine needed rate level using multiple tools, including medical evaluation of ongoing large claimant concerns.
• Participate in Captive renewal calls and biweekly Underwriting meetings.
• Oversee renewal spreadsheet for assigned program(s).
• Ability to manage, maintain and handle assignments as warranted.
• Accurately document files.
• Review of bound case preparation and issuance of applications.

Skills

Problem solving

Mathematical background

Independent work

Team attitude

Interpersonal skills

Communication skills

Microsoft Excel

Microsoft Word

Presentation skills

Organization & prioritization

Analytical thinking

Commitment to company values

Education

Bachelor’s Degree in Business or related field

5+ years of stop loss underwriting experience

Captive underwriting experience preferred

Tools

David Young underwriting system

Microsoft Excel

Microsoft Word

Job description

The Senior Underwriter is responsible for risk-based underwriting of new and/or existing accounts. Accountability for the achievement of profit, persistency, and growth goals through financial analysis or employer groups.

EDUCATION AND EXPERIENCE:

Bachelor’s Degree in Business or in a related discipline with 5+ years of experience in stop loss underwriting and Captive experience (preferred).

SKILLS/COMPETENCIES REQUIREMENTS:

• Creativity and strong problem solving skills
• Strong mathematical background
• Ability to handle large volume of work efficiently and correctly with limited errors
• Strong team attitude
• Works well independently and in a team environment
• Interpersonal skills
• Excellent written and verbal communication skills
• Strong skills in Microsoft Office, especially using Excel and Word, and other on-line computer systems
• Comfortable making presentations to small groups
• Organization, planning and prioritization skills
• Strong analytical, problem solving and judgment skills
• Commitment to company values

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Input employer stop loss large claim information and aggregate claim assessment into our underwriting system (David Young system).
• Determine level of risk based on established guidelines.
• Analyze information on past claim history and other standard criteria.
• Determine needed rate level using multiple tools, including a medical evaluation of ongoing large claimant concerns.
• Participate in Captive renewal calls and biweekly Underwriting meetings
• Oversee renewal spreadsheet for assigned program(s)
• Ability to manage, maintain and handle assignments as warranted
• Accurately document files
• Review of bound case preparation and issuance of applications

PRIORITIES:

Accuracy, Timeliness, Positive Team Attitude

Equal Opportunity Employer

Applicants have rights under Federal Employment Laws: Family and Medical Leave Act (FMLA) Poster; Equal Employment Opportunity (EEO) Poster; and Employee Polygraph Protection Act (EPPA) Poster

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.