Health In Tech ยท 15 hours ago
Stop Loss Senior Underwriter & Program Manager
FL
Full-time
Remote
Senior Level, Lead/Staff
$92K/yr - $126K/yr
10+ years exp
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Responsibilities
The underwriter will function as a relationship manager and serve in a business development role for existing and new opportunities.
Handle referrals according to underwriting guidelines developed in carriers.
Oversee the management of the assigned business as per established guidelines, including periodic program management meetings, required data flow (BDX), and audits.
Support business development activities
Support the management of relationships with MGUs and other production sources
Liaison with Actuarial staff in periodic monitoring of assigned business.
Works closely with MGUs to obtain additional required information in determining either our new business or renewal position.
Works with Actuarial, Finance, Legal, Operations, Product Development and Senior Management for constant monitoring of the program
Performs a portfolio review on an annual basis to determine renewal position for the book of business.
Reporting: Updates and Maintains Monthly AGB UW Reports. Creates ad hoc reports as required.
Achieve targeted loss ratio and combined ratios by maintaining underwriting discipline through the underwriting selection and renewal process
Manages day-to-day tasks of portfolio.
Handles special projects and assignments at the request of the leadership team.
Qualification
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Required
Bachelor's degree in Business Management, Accounting, Mathematics, Finance, Risk Management, Insurance, or a related field preferred.
10 years of progressively advancing underwriting roles in the 'stop loss' insurance sector.
Thorough understanding of U.S. Medical Insurance, Employer Stop Loss risks, and related risk concepts.
Market Segment Knowledge: Employer Stop Loss, Major Medical, and Supplemental Health.
Product Knowledge: Employer Stop Loss, Major Medical, and Provider Excess (Life, Disability, Dental, Vision, and Limited Benefit Medical knowledge helpful but not required).
Strong industry relationships and a solid grasp of policy forms, contract wording, and their impact on claims, actuarial, accounting, and finance in the underwriting process.
Ability to analyze large data sets and use data to establish acceptable rating metrics.
Strong underwriting technical skills with knowledge of actuarial and pricing concepts.
Previous knowledge and experience of working with AI rating tools.
Proficiency in Microsoft Office 365 applications (Outlook, Word, Excel, PowerPoint) and experience with Power BI or other dashboard reporting systems.
Strong project management skills and ability to manage multiple projects/programs simultaneously.
Excellent presentation, negotiation, and communication skills, with an ability to interact effectively with Senior Management and external partners.
Strong attention to detail and accuracy.
Team player with the ability to work in a fast-paced environment, demonstrating initiative and the ability to work independently.
Entrepreneurial mindset with a focus on identifying client needs and developing flexible solutions.
Highly collaborative and versatile, working well both independently and as part of a team.
Company
Health In Tech
Health In Tech (HIT) is an innovative insurance technology platform company that offers technical solutions to transform and improve efficiency in the healthcare industry with vertical integration, process simplification, and automation that removes friction and complexities.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Tim Johnson
CEO
Julia Q.
Chief Financial Officer
Company data provided by crunchbase
