Stop Loss Underwriter (Remote)
Stop Loss Underwriter (Remote)
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Salary Not Disclosed
1 Vacancy
Job Description
Summary
Underwrite a profitable book of business in the employer stop loss marketplace through Managed Care Organizations (Third Party Administrators) TPAs Brokers Hospitals and BlueCross BlueShield organizations and service all business to targeted profitability and service objectives. Utilizing effective risk selection techniques and maintaining financial discipline secure optimum rates and terms for each policy while maintaining an appropriate loss ratio.*Stop loss and Connexure (formerly known as David Young Office Manager) experience strongly preferred.
Description
Location:
This position is full-time (40-hours/week) you will work an 8-hour shift scheduled during our normal business hours of 8:00AM-5:00PM. This is a remote position.
What You Will Do:
Receive specific case proposal requests and review for completeness reject when necessary and gather missing information. Underwrite cases including setting rates aggregate factors and coverage terms/conditions according to negotiated MGU agreements with insurers/reinsurers.
Design stop loss coverage and introduce services to best meet needs of client. Emphasize client relations in building up block of profitable business. Promote MGU services and benefits at every opportunity.
Service existing book of business including but not limited to tracking TPA specific and aggregate loss ratio tracking average renewal rate increases compared to average loss ratio and determining TPAs level of involvement in developing their own managed care initiatives.
Review amendments to plan documents to determine rate or coverage implications. Develop renewal terms for in-force cases which comply with company renewal standards and carrier/reinsurer guidelines and limits.
Follow up on pending proposals and renewals to determine final outcome and reinforce interest in writing the business. Maintain open communication with management marketing sales claims and other appropriate areas.
Assists less experience underwriters.
To Qualify for This Position You Will Need the Following:
Required Education: Bachelors
Degree Equivalency: 4 years job related work experience or Associates and 2 years job related work experience
Required Work Experience: 3 years underwriting/marketing experience with managed care organizations carriers and managing underwriters primarily in the employer stop loss market.
Required Skills and Abilities: Strong analytical decision-making time management and advanced math skills. Excellent verbal and written communication and interpersonal skills. Good judgment. Advanced knowledge of group insurance managed care and direct medical claims products. Ability to handle confidential or sensitive information with discretion. Extensive knowledge of underwriting/risk principles and their application.
Required Software and Tools: Microsoft Office.
We Prefer You to Have the Following:
- Stop loss experience
- Connexure (formerly known as David Young Office Manager) experience
Our comprehensive Benefits Package Includes the Following:
We offer our employees great benefits and rewards. You will be eligible to participate in the benefits the first of the month following 28 days of employment.
Subsidized health plans dental and vision coverage
401K retirement savings plan with company match
Life Insurance
Paid Time Off (PTO)
On-site cafeterias and fitness centers in major locations
Wellness program and healthy lifestyle premium discount
Tuition assistance
Service recognition
Employee Assistance
Discounts to movies theaters zoos theme parks and more
What We Can Do for You: (Standard unless otherwise directed)
We understand the value of a diverse and inclusive workplace and strive to be an employer where employees across all spectrums have the opportunity to develop their skills advance their careers and contribute their unique abilities to the growth of our company.
What to Expect Next:
After submitting your application our recruiting team members will review your resume to ensure your meet the qualifications. This may include a brief telephone interview or email communication with our recruiter to verify resume specifics and salary requirements. If the qualifications required proof of semester hours please attach your transcript to your application.
Equal Employment Opportunity Statement
BlueCross BlueShield of South Carolina and our subsidiary companies maintain a continuing policy of nondiscrimination in employment to promote employment opportunities for persons regardless of age race color national origin sex religion veteran status disability weight sexual orientation gender identity genetic information or any other legally protected status. Additionally as a federal contractor the company maintains affirmative action programs to promote employment opportunities for individuals with disabilitiesand protected veterans. It is our policy to provide equal opportunities in all phases of the employment process and to comply with applicable federal state and local laws and regulations.
We are committed to working with and providing reasonable accommodations to individuals with disabilities pregnant individuals individuals with pregnancy-related conditions and individuals needing accommodations for sincerely held religious beliefs provided that those accommodations do not impose an undue hardship on the Company.
If you need special assistance or an accommodation while seeking employment please email or call ext. 47480 with the nature of your request. We will make a determination regarding your request for reasonable accommodation on a case-by-case basis.
We participate in E-Verify and comply with the Pay Transparency Nondiscrimination Provision. We are an Equal Opportunity Employer. Heres moreinformation.
Some states have required notifications. Heres more information.
Employment Type
Full-Time
