AVP, Underwriting Major Group jobs in United States
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Facebook · 2 months ago

AVP, Underwriting Major Group

BlueCross BlueShield of South Carolina is a leading insurance company with a strong community presence. The AVP of Underwriting Major Group will oversee underwriting activities, manage staff, and ensure competitive rates while minimizing financial risk.

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H1B Sponsor Likelynote

Responsibilities

Manages the Large Group Underwriting department
Oversees the fully insured and self-insured underwriting activities of Large Group products. This includes risk selection, determination of benefits, policy issuance rates and price, provision of service, reinsurance, and policy processing
Manages and oversees Stop Loss Underwriting department. Interfaces with external stop loss carriers and MGU's. This includes risk selection, determination of benefits, policy issuance rates and price, provision of service, and policy processing
Manages the Dental Underwriting department. Oversees the fully insured and self-insured underwriting activities of Individual products. This includes risk selection, determination of benefits, policy issuance rates and price, provision of service, reinsurance, and policy processing
Develops and updates underwriting rules and regulations applicable to regional underwriting, ensuring compliance with appropriate state and federal regulations
Develops and maintains external agency relationship strategies to foster long term relationships, consistent growth, and knowledge of competitive underwriting practices
Works closely with internal functional areas (Finance, Claims, Membership, Marketing, Premium Audit) to achieve company goals

Qualification

Underwriting experienceManagement experienceInsurance lawsAnalytical skillsStrategic planningCommunication skillsFinancial acumenExcelInterpersonal skillsProblem-solving skillsAdaptability

Required

Bachelor's degree
10+ years Underwriting experience
3 years Management experience or equivalent military experience in grade E5 or above (may be concurrent)
Knowledge of insurers/competitive practices preferably in the following: underwriting of large group, small group, individual classes, dental, ASO, and stop loss
Knowledge of the operations of the corporation and its various subsidiaries. Understanding of advanced mathematics and rating methodologies
Ability to understand medical records information and their impact on underwriting
Knowledge of South Carolina as well as federal insurance laws and regulations
Excellent communication (verbal and written), presentation, and interpersonal skills
Ability to exercise good judgment with a capacity of communicating with a diverse range of individuals
Proven ability to organize and manage multiple priorities
Strong analytical, strategic planning, and decision-making skills
Ability to adapt to ever changing business environment/priorities
Proficiency in word processing and spreadsheet software

Preferred

10+ Years-Underwriting experience to include Large Group, Small Group, Individual, and Self Insured
Exceptional understanding of risk and health delivery systems
Experience working national accounts
Microsoft Office, with proficiency in Excel
Excellent communication, presentation, decision-making and analytical skills
Demonstrated problem-solving skills, understanding of key health care financial and operational metrics
Strong financial acumen
Strong grasp on all aspects of the funding arrangements to include pharmacy and stop loss
Understanding of the Blue system and Blue Card

Benefits

Subsidized health plans, dental and vision coverage
401k retirement savings plan with company match
Life Insurance
Paid Time Off (PTO)
On-site cafeterias and fitness centers in major locations
Education Assistance
Service Recognition
National discounts to movies, theaters, zoos, theme parks and more

Company

Facebook

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The Facebook company is now Meta. Meta builds technologies that help people connect, find communities, and grow businesses.

H1B Sponsorship

Facebook 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
2022 (942)
2021 (5811)
2020 (4476)

Funding

Current Stage
Late Stage

Leadership Team

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Arunava Chatterjee
Executive Director of Ghost Black Operations & CEO & CTO
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Shubhra Gupta
CEO
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Company data provided by crunchbase