Underwriting Manager- Stop loss

HCSC Group; Downers Grove (IL); Hybrid; USD 102,000 - 184,000; Full time

Job summary

Health Care Service Corporation (HCSC) is seeking an experienced underwriter to quote and rate proposals, and project renewal needs. The role requires handling cases with authority limits and collaborating with customers, consultants and brokers to ensure favorable outcomes.

Candidate will manage pricing options, renewal projections and related underwriting activities, with strong presentation and communication skills essential for success.

Qualifications

• Bachelor degree and at least 5 years underwriting experience with direct interaction with customers, consultants or brokers.

Responsibilities

• Quote and rate proposals and renewal projections.
• Approve cases within established authority guidelines.
• Interact with key customers, consultants and brokers to support underwriting decisions.

Skills

Underwriting

Pricing strategies

Presentation skills

Project management

Communication

Word processing

Excel

Education

Bachelor Degree

Tools

Word

Excel

Job description

Job Summary

Responsible for quoting and rating proposals and renewal projections and approves cases within established authority guidelines.

Required Job Qualifications

• Bachelor Degree and 5 years experience underwriting small and or large accounts and dealing directly with key customers, consultants and or brokers or 6 years of experience underwriting small and or large accounts and dealing directly with key customers, consultants and brokers.
• 3 years of underwriting of higher complexity cases (if responsibility includes one or more of the following segments: large major national and or special accounts (Labor Union, Student Health, IL Hospital, Co operatives, Private Exchange, etc.)).
• Demonstrated capability to meet required job responsibility.
• Successfully demonstrated skills and experience in underwriting and pricing of various funding options and products and making sound decisions.
• Operational knowledge of renewal and prospective group health underwriting processes and procedures.
• Knowledge of underwriting methodologies including mathematical and financial group health underwriting funding.
• Extensive experience applying consortium procedure and pricing (if applicable).
• Extensive experience and knowledge of managed care health care, group insurance products and group health underwriting financial arrangements and knowledge of state and federal legislation to underwriting practices and making sound decisions.
• Work management skills in prioritizing and assigning work and project assignments.
• Demonstrated highly effective Presentation skills for addressing customers and senior management.
• Demonstrate skills for developing presentations, building and maintaining positive relationships internally and externally, interacting with representatives of large and strategic accounts, coordinating initiatives across departments, interacting with senior management, lead staff.
• Project management skills and experience, including designing and leading projects.
• Verbal and written communication skills, including correct grammar, appropriate word choice, precisions, structure, and appropriate tone and level of detail for audience.
• Interact with BCBSA and member plans.
• Interpret and describe BCBS products and financial arrangements as well as those provided by competitors.
• Successfully demonstrated interpersonal skills in establishing and maintaining positive business relationships.
• Independent judgment and problem resolution skills.
• Work and project management skills including the ability to multi task, prioritize, and manage time and workload to meet deadlines.
• PC proficiency to include Word and Excel.
• Successfully demonstrated skills and experience in presenting to external clients.
• Process management and process improvement experience and skills to identify and implement process changes.

Preferred Job Qualifications

• Knowledge of the Blue System and ability to price National business.
• Rotation to other Underwriting market segments.

Pay Transparency Statement

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401k savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards. The compensation offered will vary depending on your job related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

HCSC Employment Statement

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

Base Pay Range $102,000.00 - $184,300.00 Exact compensation may vary based on skills, experience, and location.

We are an Equal Opportunity Employment employer dedicated to workforce diversity and a drug free and smoke free workplace. Learn more about HCSC, our commitment to our members and the opportunity you’ll have to improve health care delivery in an open, collaborative environment. HCSC is committed to diversity in the workplace and to providing equal opportunity to employees and applicants.

If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations. Please note that only requests for accommodations in the application process will be returned.