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HealthPartners · 1 hour ago

Manager, Large Group Underwriting

Bloomington, MN

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

HealthPartners is a nonprofit, integrated health care organization that is hiring a Manager of Large Group Underwriting. This role involves directing the determination of rates and overseeing the approval and renewal process for group products, while also developing new products and market strategies to ensure financial success.

MedicalPharmaceutical

Responsibilities

Responsible for the supervision of staff, including having the authority to hire, transfer, lay off, promote, discipline and discharge, train, reward and review performance of employees. Ensures compliance to organizational and departmental policies and procedures

Establishes and maintains written HMO Standard, choice, self-funded medical and dental group underwriting rules, including “field underwriting” rules and procedures for initial consideration of new groups and renewal of inforce groups

Manages the process whereby groups are initially considered as purchasers of our products

Establishes and implements rules for assessing group composition, contribution levels, eligibility and other underwriting criteria for renewal of all group products to protect the company’s financial interests and to ensure the profitability of these product lines

Provides specific guidance to the Marketing, Sales and retention staff regarding the necessary rating and underwriting information which they must supply to determine rating and coverage strategies and methodologies for existing groups and potential new business

Implements simultaneous offerings of multiple GHI products to maximize membership growth and minimize loss of profitability in existing groups. Directs the systems which control the release of (and contingencies for) group quotes

Directs work objectives with other departments (I.S., Finance and others) to provide up-to-date information on the current and projected profitability of each product line

Provides technical field support to the Sales and retention staff in the acquisition and retention of all group business. Presents to large external customers on Group Health’s rating methodologies and underwriting philosophies. (Benefit Managers, consulting firms, brokerages, and other key business leaders)

Consults with Marketing and Sales Management Team in developing specific sales strategies for prospective and renewal group business

Develops and proposes alternate funding and rating methodologies, strategies and tactics which are consistent with senior management objectives for the purpose of enhancing the marketability and profitability of GHI products

Estimates the value and impact of proposed and legally required eligibility and administrative changes in all group coverage. Provides guidance and assistance in their implementation

Actively participates in the creation, update and ongoing testing of business continuity and disaster recovery planning and preparation

Qualification

Financial results responsibilityStrategic planningManagement experienceMathematical skillsCommunication skillsBachelor's DegreeMaster's DegreeInsurance certificationHMOPPO experience

Required

A Bachelor's Degree in a related field

Ten or more years previous experience in underwriting group health coverage with direct responsibility for financial results and strategic planning

Excellent oral and written communications ability

Relevant math skills and computer experience

Minimum of two years experience managing appropriate work group

Preferred

A Master's Degree or a professional benefits or insurance certification

HMO or PPO experience

Benefits

Health

Time off

Retirement planning

Continuous learning opportunities

Company

HealthPartners

Glassdoor3.9

HealthPartners, an integrated health care organization providing health care services and health plan financing and administration, was founded in 1957 as a cooperative.

Founded in 2011

Bloomington, Minnesota, USA

10001+ employees