Underwriter

Highmark Health; United States; On-site; USD 62,700 - 97,200; Full time

Job summary

Highmark Inc. is seeking an Underwriter to partner with sales teams and clients, delivering data-driven insights and recommendations to support client acquisition and retention while upholding underwriting standards.

The role analyzes industry type, financial condition, and other characteristics to assess risk for standard small to mid-sized clients, preparing reports to support rating actions and collaborating across functions on client-level quotes.

Qualifications

• 2 years of underwriting, risk management, or actuary experience applying advanced mathematics or quantitative analysis.
• Health care underwriting, risk management, or actuary work experience preferred (1 year).

Responsibilities

• Work with sales teams and underwriting peers to manage a portfolio of clients and all rating methods.
• Own the underwriting engagement from initial identification to final sold-contract details.
• Communicate underwriting position on client risk profiles to sales partners clearly and independently.
• Calculate rates using rating algorithms and adjust for unusual scenarios.
• Maintain accurate book management details, including concession budget and risk measures.

Skills

Understanding of health products

Consultative mindset

Strong oral and written communications

Education

Bachelor's degree in Mathematics, Actuarial Science, Finance, Business, Computer Science, Science, Technology, or other quantitative analysis discipline

Job description

## UnderwriterApplyremote type: Remotelocations: PA, Working at Home - Pennsylvania: MD, Working at Home - Maryland: WA, Working at Home - Washington: NC, Working at Home - N Carolina: LA, Working at Home - Louisianatime type: Full timeposted on: Posted Todayjob requisition id: J283069## **Company :**Highmark Inc.## **Job Description :****JOB SUMMARY**This job serves as a point of contact for sales teams and assigned customers, delivering insights and recommendations to aid customer acquisition and retention while maintaining performance goals. This role analyzes data such as type of industry, financial condition, and other characteristics to assess risk for a book of business consisting of standard small and mid-sized clients in conformance with established underwriting policies, practices, and standards. May prepare a variety of reports to support developed rating actions. The incumbent will collaborate with cross-functional team members on client-level quotes and function as a trusted advisor by providing financial and risk management support to sales as well as strategic insight.**ESSENTIAL RESPONSIBILITIES*** Work with the sales team and underwriting peers and leaders to manage a portfolio of clients, including all rating methods and owning the underwriting engagement from initial identification through documentation of final sold-contract details.* Serve as the accountable owner for all quotes delivered to sales partners. Develop a perspective on each client package deliverable. Clearly communicate underwriting’s position on the risk profile of each client.* Respond to questions and draw insights from quote details, client understanding, and regional insights to deliver the best possible recommendation to sales. State and maintain an independent perspective, identifying opportunities and concerns.* Calculate rates utilizing company rating algorithms, adjusting accordingly to cover questionable claim patterns or unusual situations not otherwise contemplated within the standard formula.* Maintain accurate book management details, including concession budget.* Assess risk by looking at various risk measures such as risk scores, demographic analysis, and turnover considerations.* Utilize a basic understanding of the department and the company's strategic goals and competitive position to drive client-level results towards these ends.* Communicate case-specific underwriting results with other internal departments.* Complete workload within established production and timeliness standards.* Perform administrative tasks and aide in workload coordination.* Other duties as assigned or requested.**EDUCATION****Required*** Bachelor's degree in Mathematics, Actuarial Science, Finance, Business, Computer Science, Science, Technology, or other quantitative analysis discipline or relevant experience as determined by the company in lieu of a bachelor’s degree**Preferred*** None**EXPERIENCE****Required*** 2 years of relevant underwriting, risk management, or actuary experience applying advanced mathematics or quantitative analysis**Preferred*** 1 year of health care underwriting, risk management, actuary work, or of applying advanced mathematics.**LICENSES or CERTIFICATIONS****Required*** None**Preferred*** None**SKILLS*** Understanding of health products, services, risk assessment and techniques* Consultative mindset* Strong Oral and Written Communications skills**Language (Other than English):**None**Travel Requirement:**0% - 25%**PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS****Position Type**Office-basedTeaches / trains others regularlyRarelyTravel regularly from the office to various work sites or from site-to-siteOccasionallyWorks primarily out-of-the office selling products/services (sales employees)NeverPhysical work site required YesLifting: up to 10 poundsConstantlyLifting: 10 to 25 poundsRarelyLifting: 25 to 50 poundsNever***Disclaimer:*** *The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job. **Compliance Requirement**: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.* *As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy. Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.***Pay Range Minimum:**$62,700.00**Pay Range Maximum:**$97,200.00*Base pay is determined by a variety of factors including a candidate’s qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations. The displayed salary range does not reflect any geographic differential Highmark may apply for certain locations based upon comparative markets.*