Providence ยท 2 months ago
Director of Underwriting
Providence is a comprehensive health care organization dedicated to transforming healthcare and improving countless lives. The Director of Underwriting will be responsible for developing strategies and policies to support profitable membership growth and retention, while overseeing underwriting activities and ensuring compliance with regulations.
Hospital & Health Care
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
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
Every day, 119,000 compassionate caregivers serve patients and communities through Providence St.
Funding
Current Stage
Late StageLeadership Team
Recent News
2025-09-23
2025-09-13
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