Underwriter

The Underwriter is responsible for performing financial analysis and making underwriting-based assumptions to develop budgets and calculate client rates. The position also involves managing and overseeing an underwriting support team, collaborating with consultants and account teams, and analyzing client demographics and other data to determine risk and appropriate carrier product solutions.

Requirements

• Project client claim data to develop budgets and calculate client rates, benefit costs, and IBNR reserves
• Review experience reporting for accuracy
• Collaborate with consultants and account teams to prepare and deliver client financial presentations
• Assess complex client risk, understanding the strategic implications of the competitive carrier/product marketplace, and make sound underwriting-based assumptions
• Manage and oversight of underwriting support team
• Renew and market carriers for assigned book of business
• Analyze/ negotiate annual renewals and proposals from carriers for accuracy and financial reasonableness
• Analyze client demographics and other data to determine risk and appropriate carrier product solutions
• Assist with product/service quality improvement initiatives as needed
• Assist service team in educating clients regarding utilization, carrier reports, and third party vendor applications used to view claims and financial data
• Educate service team regarding experience reporting, utilization, carrier reports, self-funding options, etc.

Benefits

• Full medical insurance
• Pharmacy insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Paid vacation
• Sick leave
• 401k match
• Annual bonus potential