Job Classification:

Group Insurance is an operating unit within the U.S. Businesses Division that historically focused primarily on creating distributing and administering a complex range of life and disability insurance products for many top Fortune 500 companies but has recently entered the medical stop loss space. Prudentials initial medical stop loss team consists of industry veterans with over 150 years of experience in the industry.

The Lead Medical Stop Loss Underwriting Specialist is primarily accountable for overseeing the medical stop loss underwriting activity. The Lead Underwriting Specialist is responsible for underwriting cases in accordance with statutory regulations and existing underwriting policies and practices assessing risk and making and communicating decisions in a manner which contributes to the profitability of the product and reputation of the company.

Job Responsibilities:

• Functions as an independent and highly experienced underwriter able to manage large complex cases although not all levels of complexity with little or no support
• Determines whether to accept modify or decline a risk through evaluation of the clients employee census data claims history and other pertinent information within guidelines such as rating formulas product filings and statutory requirements.
• Independently applies Underwriting judgment formulates pricing decisions negotiates within their authority limit and handles standard to complex reporting requests. Understands and applies current pricing strategy across the book of business.
• Works closely with sales staff brokers and clients to discuss financial results and support or directly engage in the negotiation process.
• Manage ad hoc projects and or participate in periodic process and technical design work to improve service efficiency or profitability.
• Confidently and effectively communicates point of view through both verbal and written communications and negotiates with internal/external partners in various roles
• Demonstrates an awareness of regional trends competitive landscape and factors that influence the marketplace and regulatory environment
• Strong ability to help others gain an understanding of the underwriting process including case reviews identifying training needs and developing and delivering training.
• Demonstrates problem solving skills on risk and servicerelated issues and broad institutional knowledge in the development of solutions.

Qualifications:

• Medical Stop Loss underwriting experience preferably 7 years
• Bachelors degree or equivalent work experience
• Ability to work independently
• Strong time management and organizational skills
• Ability to prioritize work with limited oversight
• Strong Analytical and mathematical skills
• Excellent communication and collaboration skills
• Ability to develop strong working relationships

What we offer you:

• Market competitive base salaries with a yearly bonus potential at every level.

• Medical dental vision life insurance disability insurance Paid Time Off (PTO) and leave of absences such as parental and military leave.

• 401(k) plan with company match (up to 4.

• Companyfunded pension plan.

• Wellness Programs including up to $1600 a year for reimbursement of items purchased to support personal wellbeing needs.

• Work/Life Resources to help support topics such as parenting housing senior care finances pets legal matters education emotional and mental health and career development.

• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.

• Employee Stock Purchase Plan: Shares can be purchased at 85 of the lower of two prices (Beginning or End of the purchase period) after one year of service.

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program whereby an award if any depends on various factors including without limitation individual and organizational performance. To find out more about our Total Rewards package visit Work Life Balance Prudential Careers. Some of the above benefits may not apply to parttime employees scheduled to work less than 20 hours per week.