Senior Underwriter
Senior Underwriter
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1 Vacancy
Job Description
Join Priority Health as a Senior Underwriter and play a key role in shaping the financial success of our Large Group Commercial business. In this role youll apply your expertise in healthcare underwriting to assess risk analyze data and develop competitive pricing strategies that align with business objectives. You will collaborate with internal teams and external partners to ensure sound underwriting decisions while maintaining compliance with regulatory standards. If you have a strong background in health insurance underwriting and a passion for driving financial sustainability in the healthcare industry we invite you to be part of our growing team!
Job Summary
Assess and calculate the financial responsible and marketable premium rates for current and prospective group accounts. Understand and work towards departmental objectives. Coordinate the proposal process for selffunded and insured requests. Assure that fully insured rates are calculated correctly and that customer needs are met.
Essential Functions
- Accurately analyze employers risk profile and develop rates on fullyinsured prospective and renewal accounts within our approved community rating guidelines. Audit on a periodic basis the cases rated by the marketing department to assure their compliance with the companys approved underwriting guidelines. Maintain on a consistent basis renewal and prospective account files that assist the underwriters in the accurate development of premium rates.
- Calculate and recommend final fullyinsured rates for renewals and proposals requested by Sales. Work with the Sales Department to arrive at a competitive and financially responsible rate level. Calculate suggested COBRA premium rates for new and renewing groups as requested.
- Run reports (P&Ls In and out of Network reports) and investigate high claim issues for our group customers.
- Work with the Underwriting staff and Sales staff to develop decisions that reflect teamwork. Promote discussion and resolution of customer pricing issues. Maintain on a consistent basis renewal and prospective account files that assist underwriters in the accurate development of premium rates.
- Coordinate selffunded proposal and renewal requests with insurance carriers in a timely fashion. Analyze stop loss proposals and prepare easily understood financial exhibits which highlight benefits options cost savings and projected fixed and claim costs.
- Effectively implement the administrative fee of the new and renewal proposals to maintain a competitive market position and meet PHMB revenue guidelines.
- Maintain consultative relationships with brokers/agents consultants and employer groups as needed. Attend with the sales department proposal and renewal client presentations. Provide necessary technical assistance in the communication of the administration fees premium rates and financial exhibits.
- Provide essential paperwork for ASO sold case including Underwriting Disclosure and stop loss verification form. Calculate ASO binder check amount.
Qualifications
Required
- Bachelors Degree or equivalent
- 5 years of experience in underwriting typically gained through skills/knowledge/abilities in related field
Preferred
- Healthcare Experience
- Provider based carrier experience
- Stop Loss underwriting experience
About Corewell Health
As a team member at Corewell Health you will play an essential role in delivering personalized health care to our patients members and our communities. We are committed to cultivating and investing in YOU. Our topnotch teams are comprised of collaborators leaders and innovators that continue to build on one shared mission statement to improve health instill humanity and inspire hope. Join a nationally recognized health system with an ambitious vision of continued advancement and excellence.
How Corewell Health cares for you
Comprehensive benefits package to meet your financial health and work/life balance goals. Learn more here.
Ondemand pay program powered by Payactiv
Discounts directory with deals on the things that matter to you like restaurants phone plans spas and more!
Optional identity theft protection home and auto insurance pet insurance
Traditional and Roth retirement options with service contribution and match savings
Eligibility for benefits is determined by employment type and status
Primary Location
SITE Priority Health 1231 E Beltline Grand RapidsDepartment Name
PH Underwriting WestEmployment Type
Full timeShift
Day (United States of America)Weekly Scheduled Hours
40Hours of Work
8 a.m. to 5 p.m.Days Worked
Monday to FridayWeekend Frequency
N/ACURRENT COREWELL HEALTH TEAM MEMBERS Please apply through Find Jobs from your Workday team member account. This career site is for NonCorewell Health team members only.
Corewell Health is committed to providing a safe environment for our team members patients visitors and community. We require a drugfree workplace and require team members to comply with the MMR Varicella Tdap and Influenza vaccine requirement if in an onsite or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process to perform the essential functions of a job or to enjoy equal benefits and privileges of employment due to a disability pregnancy or sincerely held religious belief.
Corewell Health grants equal employment opportunity to all qualified persons without regard to race color national origin sex disability age religion genetic information marital status height weight gender pregnancy sexual orientation gender identity or expression veteran status or any other legally protected category.
An interconnected collaborative culture where all are encouraged to bring their whole selves to work is vital to the health of our organization. As a health system we advocate for equity as we care for our patients our communities and each other. From workshops that develop cultural intelligence to our inclusion resource groups for people to find community and empowerment at work we are dedicated to ongoing resources that advance our values of diversity equity and inclusion in all that we do. We invite those that share in our commitment to join our team.
You may request assistance in completing the application process by calling 616.486.7447.
Required Experience:
Senior IC
Employment Type
Full-Time
