Job Summary - Vice President Chief Underwriter
The Chief Underwriter is accountable for the strategic leadership governance and execution of underwriting operations across four states in the Great Lakes region. This role oversees all self funded & fully funded commercial underwriting activities including new business renewals pricing strategy and portfolio performance while ensuring consistency with enterprise financial objectives regulatory requirements and longterm growth strategy.
The Chief Underwriter serves as a key enterprise leader partnering closely with Sales Actuarial Finance Product and Market Leadership to drive profitable growth disciplined risk management and competitive market positioning across the region. The Chief Underwriter will establish and execute regional underwriting strategies aligned with enterprise financial growth and risk objectives ensuring underwriting decisions balance competitiveness profitability and sustainability across diverse market dynamics. This leader is also responsible for setting margin targets in alignment with Finance & Actuarial for self-funded & fully-funded lines by market segment. Annual membership and margin forecasting and collaborative partnership with Employer Solutions VPs of Sales and Client Services will be required.
The Chief Underwriter will directly manage mentor and lead a team of underwriters and support staff. Responsibilities include but are not limited to effectively interviewing hiring and training employees; planning assigning and directing work; appraising performance; rewarding and counseling employees; addressing complaints and resolving problems. Strategic management and budget oversight for quoting platforms and vendors; monthly and annual oversight and road map to support all Employer Solutions underwriting and business needs. This leader will support Priority Healths evaluation & investment in modernizing underwriting processes and tools to improve speed to quote renewal execution and pricing discipline while supporting growth objectives in a competitive market.
Essential Functions - Vice President Chief Underwriter
- Develop financial renewals and new business financial proposals for group employers for commercial and Group Medicare markets using a variety of financial arrangements including: community rating modified community rating adjusted experience rating experience rating self-funded and stop loss arrangements. Renewals must ensure that Priority Health remains competitive in the marketplace while providing income and membership in accordance with organization goals and financial objectives.
- Deliver pricing competitiveness and margin outcomes through disciplined risk selection rate governance and portfolio management. Provide analysis and projections financial management and case level underwriting of risk business to achieve targeted operating income and membership. Balance growth and profitability goals to attain maximum results.
- Meet with key brokers to assess market trends develop strategic focus and adjust market goals as necessary. Assist and participate in negotiations and sales presentations with customers when needed.
- Support product development including origination and evaluation of new product ideas and pricing and maintenance of existing products.
- Support Employer Solutions P&L leadership based financial monitoring and reporting inclusive of the strategic oversight of employer insights execution.
- Advance underwriting analytics and performance dashboards that enable portfolio monitoring root cause analysis and corrective actions
- Develop and maintain strong working relationships with Employer Solutions leaders and key stakeholders of Finance Analytics and Actuarial.
- Drive modernization of underwriting tools and workflows including quoting platforms renewal automation and reporting enablement
- Actively participates in safety initiatives and risk mitigating measures where appropriate and completes all position and unit safety related competencies and requirements on a timely basis.
Qualifications - VP Chief Underwriter
Comprehensive benefits package to meet your financial health and work/life balance goals. Learn more here.
On-demand 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 - 1241 E BeltlineAve NE - Grand RapidsDepartment Name
Commercial Executive - PH Managed BenefitsEmployment Type
Full timeShift
Day (United States of America)Weekly Scheduled Hours
40Hours of Work
8:00 a.m. to 5:00 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 Non-Corewell Health team members only.
Corewell Health is committed to providing a safe environment for our team members patients visitors and community. We require a drug-free workplace and require team members to comply with the MMR Varicella Tdap and Influenza vaccine requirement if in an on-site 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:
Chief
Corewell Health is committed to granting equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status