BCS Financial Corporation · 1 day ago
Vice President, Stop Loss Underwriting
Oakbrook Terrace, IL, US
Full-time
Onsite
Senior Level, Lead/Staff
$200K/yr - $230K/yr
10+ years expBCS Financial Corporation is seeking a Vice President for their Stop Loss Underwriting division. This leadership role involves developing and executing underwriting strategies, overseeing the underwriting team, and ensuring compliance with regulatory requirements while driving profitability and growth.
Financial ServicesHealth InsuranceInsurance
Responsibilities
Develop and implement underwriting strategies aligned with business goals, market trends, profitability objectives, and risk appetite
Partner with sales and marketing in support of new business opportunities to secure profitable revenue and distribution streams
Oversee the underwriting, risk assessment, and analysis functions for stop loss programs including traditional stop loss insurance, gene therapy programs and other large claim solutions
Develop and oversee pricing methodologies, rating calculations and guidelines while providing subject matter expertise to stop loss products, plan designs, and product alternatives
Partner with the Product Development and Actuarial teams to ensure sound risk management and rating of products at the outset
Identifying and implementing opportunities for continuous improvement in underwriting activities and processes
Lead a high performing underwriting team by developing professional staff, ensuring ongoing performance goal achievements, adhering to company policies, and providing ongoing feedback and training
Evaluate and plan for growth with optimal underwriting and underwriting support staffing models that support scalability, efficiency, and talent development
Ensure that underwriting practices are compliant with regulatory requirements and company guidelines
Leading and overseeing ad-hoc reporting and risk assessment, utilizing data insights to inform underwriting decisions, providing regular reports on underwriting performance, and presenting insights and recommendations to meet organizational goals
Collaborate with peers and represent underwriting both internally and externally with sales, account management, actuaries, and senior leadership
Qualification
Required
Advanced degree or equivalent experience in business, finance, actuarial science or related field
10+ years of medical stop loss underwriting experience and/or 15 years of progressive underwriting experience with proven leadership and management responsibilities
Strong negotiation, decision making and analytical skills
Proven experience with risk assessment and pricing methodologies for medical stop loss
Experience with modern underwriting tools and technologies
Ability to lead cross functionally and influence at all levels of the organization
Strong Excel and writing skills required
Preferred
Professional designations preferred
Company
BCS Financial Corporation
BCS Financial Corporation has more than 75 years of experience providing a wide range of insurance and financial solutions for Blue Cross and Blue Shield organizations and commercial partners nationwide.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Christopher Halsey
Director, Service Partner Management
Dan Watkiss
Director, Service Partner and Account Management
Recent News
2025-09-30
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