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Providence Health & Services · 2 months ago

Director of Underwriting

United States

Full-time

Remote

Director/Executive

$76.29/hr - $121.96/hr

10+ years exp

Providence Health & Services is a comprehensive health care organization committed to transforming healthcare and improving lives. The Director of Underwriting will develop strategies and policies to support profitable membership growth and oversee underwriting activities, ensuring compliance and financial performance across all regions.

Health CareHospitalInsuranceMedicalNon ProfitPersonal Health

H1B Sponsor Likely

Responsibilities

Collaborate with Plan leaders to create and implement strategies and policies that support product development efforts, profitable growth, special risk arrangements, business expansion, and diversification according to the long-range plan for fully insured commercial business

Lead development, monitoring, and achievement of department service level standards, fostering high-performance relationships with Sales, Pharmacy, Product, and Actuarial departments

Direct all rating and underwriting activities for all new and renewing fully insured large group and Association Health Plan commercial group lines of business, ensuring financial performance and development of associated pricing models

Represent the Plan alongside Sales Leadership, promoting pricing transparency to Producer partners and employer groups, substantiating and providing credibility around pricing decisions

Ensure adherence to underwriting audits, processes, guidelines, and procedures consistent with State and Federal Law and regulatory requirements

Work with Actuarial and Finance Directors to routinely update and test rates and factors in the underwriting models, ensuring alignment with industry best practices and strategic objectives

Mentor and coach the Underwriting Manager and staff, attracting top industry underwriting talent and fostering development and engagement within established authority levels

Oversee the development and achievement of the Underwriting Department's annual budget

Qualification

Healthcare UnderwritingAnalytical ExpertiseLeadership ExperienceStrategic MindsetTechnical ProficiencyProject Management SkillsCoachingCommunication MasteryTeamworkDecision-Making

Required

Bachelor's Degree in Finance, Mathematics, or a related field

10 or more years of experience in healthcare underwriting

5 years in a Leadership role

2 years leading teams through promoting teamwork, decision-making, delegation, training, and coaching

Exceptional quantitative and problem-solving skills

Thorough understanding of insurance underwriting and rating methodologies

Ability to work with senior management to quickly solve difficult strategic questions

Strong skills in spreadsheet, statistical, and database software packages

Excellent written, verbal, listening, negotiation, presentation, and math skills

Ability to maintain positive relationships with critical areas while achieving department objectives

Preferred

Master's Degree in Business Administration

Benefits

Retirement 401(k) Savings Plan with employer matching

Health care benefits (medical, dental, vision)

Life insurance

Disability insurance

Time off benefits (paid parental leave, vacations, holidays, health issues)

Voluntary benefits

Well-being resources

Company

Providence Health & Services

Glassdoor3.6

At Providence, our strength begins with understanding.

Founded in 1859

Renton, Washington, USA

10001+ employees

https://www.providence.org/

H1B Sponsorship

Providence Health & Services has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (35)

2024 (28)

2023 (34)

2022 (39)

2021 (26)

2020 (21)