Senior Stop Loss Underwriter – Remote jobs in United States
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Symetra · 6 hours ago

Senior Stop Loss Underwriter – Remote

Symetra is a national financial services company dedicated to helping people achieve their financial goals. They are seeking a Senior Stop Loss Underwriter responsible for risk-based underwriting of new and existing accounts, ensuring profitability and growth through financial analysis of employer groups.

Financial ServicesHealth InsuranceInsuranceLife Insurance
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Growth Opportunities
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Responsibilities

Determine level of risk based on established guidelines
Analyze information on past claim history and other standard criteria
Determine needed rate level using multiple tools, including a medical evaluation of ongoing large claimant concerns
Develop and determine appropriate aggregate factors
Underwrite larger and more complex cases
Release final rates and factors
Accountable for profitability and all risk-based decisions
Manage performance of new and/or existing accounts for assigned territories in the following areas: Target Final Effective Renewal Rate Increases, Close Ratio, Case Premium Persistency, Billed to Blended Manual Ratio, Quote Turn Around Time
Provide competitive feedback on rates/factors and products to management
Recommend improvements in underwriting and marketing strategies
Participate in Underwriting Projects and Cross Training Initiatives
Daily interaction with agents, field staff, marketing reps and other underwriters to maintain consistency and support department workflow
Build and maintain excellent client, Rep, TPA and internal personnel relations
Serve as a resource to junior level underwriters

Qualification

Stop Loss UnderwritingFinancial AnalysisRisk AssessmentAnalytical SkillsMicrosoft ExcelInterpersonal SkillsNegotiation SkillsTeamwork OrientationPresentation SkillsWritten CommunicationVerbal Communication

Required

High School Diploma required
3+ years of experience with Stop Loss Risk Based Underwriting required
Extensive knowledge of Stop Loss products and pricing required
Extensive knowledge of the Underwriting Discipline and Employee Benefit Plans
Proven financial ability
Strong analytical and technical skills
Adept decision-making skills
Effective interpersonal and negotiation skills
Service and sales oriented
Excellent written and verbal communication skills
Strong teamwork orientation
Presentation skills
Proficiency with the Microsoft Office Suite and Excel in particular

Preferred

Bachelor's Degree preferred
David Young/ESL/Connexure experience preferred
Able to be effective in a fast paced, high-volume, production work environment
Able to adapt to shifts in priorities and manage case level negotiations

Benefits

Flexible full-time or hybrid telecommuting arrangements
Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
Paid time away including vacation and sick time, flex days and ten paid holidays
Give back to your community and double your impact through our company matching

Company

Symetra is a financial service company that provides retirement, employee benefits, group life, and disability insurance.

Funding

Current Stage
Public Company
Total Funding
unknown
2015-08-11Acquired
2010-01-22IPO
2004-01-01Private Equity

Leadership Team

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David Goldstein
Senior Vice President, General Counsel & Secretary
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Mike DiGioia
Vice President, Communications
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Company data provided by crunchbase