Underwriter

FCE Benefit Administrators, Inc.; San Antonio (TX); On-site; USD 70,000 - 95,000; Full time

Job summary

FCE Benefit Administrators, Inc. is seeking an Underwriter to ensure accurate financial analysis, pricing, and compliance for Medical, Dental, Vision, Life, and Disability programs, covering both fully insured and self-funded plans.

The role involves proposal development, compliance with PPACA, DBA, SCA, and collaboration with third-party vendors to service client needs for alternate benefit arrangements; requires advanced Excel modeling and 3+ years of related experience.

Qualifications

• Three (3) years minimum underwriting, actuarial, accounting, budgeting, or health insurance risk experience.
• Understanding of health and welfare benefits (medical, prescription drug, dental, vision, life, accident, critical illness).
• Advanced Microsoft Excel usage including modeling and data analysis.

Responsibilities

• Proposal development: Create complex new business and renewal proposals within a health and welfare budget.
• Compliance & strategy: Ensure compliance with industry best practices, client requirements, and laws including PPACA, DBA, SCA.
• Quality assurance & analysis: Audit work for accuracy and perform claims, risk, and financial trend analyses.
• Efficiency optimization: Implement procedural changes to enhance department efficiency.

Skills

Excel modeling

Job description

We are currently recruiting for an Underwriter.

PRIMARY PURPOSE

The Underwriter ensures accurate financial analysis, pricing, and compliance for Medical, Dental, Vision, Life, and Disability programs, covering both fully insured and self-funded plans. This role involves allocating a variety of benefits within a health and welfare budget, collaborating with third-party vendors, and servicing client requests for alternate benefit arrangements.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

• Proposal Development: Create complex new business and renewal proposals, incorporating a variety of benefits within an anticipated health and welfare budget.
• Compliance & Strategy: Ensure compliance with the industry’s best practices, client requirements, and applicable laws or regulations including but not limited to the Service Contract Act (SCA), Davis Bacon Act (DBA), and Patient Protection and Affordable Care Act (PPACA).
• Quality Assurance & Analysis: Audit work of other team members for accuracy and perform detailed claims, risk, and financial trend analyses.
• Efficiency Optimization: Implement procedural changes to enhance department efficiency.

QUALIFICATIONS & REQUIREMENTS

• Experience: A minimum of three (3) years of underwriting, actuarial, accounting, budgeting, or health insurance risk experience is required.
• Expertise: Understanding of health and welfare benefits, including but not limited to medical, prescription drug, dental, vision, limited medical, group life, accident, and critical illness.
• Technical Skills: Advanced Microsoft Excel use, including modeling and data analysis.

BENEFITS OFFERED:

We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefit packages, and outstanding advancement opportunities. For this reason, we offer a comprehensive benefits plan including the following:

• Competitive overall compensation package
• Career enhancement and growth opportunities
• 401(k) match up to 50% contribution
• Medical, dental, and vision coverage
• Accident/critical illness insurance
• FSA and HSA accounts
• Competitive paid time off
• Continuing education and career certification