Senior Underwriter - Health Solutions

Captive Resources; Itasca (IL); Hybrid; USD 135,000 - 150,000; Full time

Job summary

Captive Resources in Itasca, IL is seeking a Senior Underwriter to lead risk-based underwriting for stop loss programs. The role focuses on profitability, persistency, and growth through financial analysis of employer groups.

Bachelor's in Business with 5+ years stop loss underwriting and Captive experience preferred. The ideal candidate will combine strong math, analytical skills, and effective communication to present recommendations to clients and internal teams.

Qualifications

• Bachelor's degree in Business or related field with 5+ years of stop loss underwriting experience
• Strong mathematical background and analytical skills
• Excellent written and verbal communication; ability to present to small groups

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 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

Time management

Team player

Independent work

Interpersonal skills

Communication

MS Office (Excel/Word)

Presentation skills

Organization

Analytical thinking

Company values

Education

Bachelor's degree in Business or related field

Tools

David Young system

Job description

Job Category : Health Solutions / Medical Stop Loss

• Full-Time
• Hybrid

Locations

Showing 1 location

Hybrid - Corporate Office
Itasca, IL 60143, USA

• Pay or shift range: $135,000 USD to $150,000 USD
  The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons. Our benefits include medical, dental, vision, Rx, 401(k), life and AD&D, short-term and long-term disability, and more. Please visit our website for more information.

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

Equal Opportunity Employer
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.