Underwriter - New Business
New
P
ParetoHealthHealth Benefits Captive
Location: RemoteFull-TimeMiddle
Salary not disclosed
Apply NowOpens the employer's application page
Job Details
- Experience
- Minimum of 2-3 years of experience in underwriting
- Required Skills
- Data AnalysisMicrosoft OfficeFinancial analysis
Requirements
- Bachelor’s degree in finance, economics, actuarial science, or a related field.
- Minimum of 2-3 years of experience in underwriting.
- Foundational understanding of stoploss insurance and health risks.
- Basic proficiency in underwriting software and data analysis tools.
- Proficiency in Microsoft Office Suite.
- Ability to analyze data and identify trends to support underwriting decisions.
- Strong communication and negotiation skills.
- Ability to articulate technical concepts to a non-technical audience.
- Ability to work effectively in a dynamic and collaborative environment.
- Understanding of self-funding, healthcare industry trends, and the regulatory landscape.
Responsibilities
- Support the underwriting process using a best-in-class captive offering to create profitable stoploss offerings.
- Conduct preliminary risk assessments of prospective captive members to determine appropriate stoploss coverage levels and premiums.
- Analyze healthcare data, including claims and utilization patterns, to forecast potential risks and cost implications.
- Collaborate with the Sales team to provide consultants with the necessary financial information for captive entry.
- Adapt to working in an environment of incomplete information.
- Stay informed about competitive market dynamics.
- Work under the guidance of senior underwriters to enhance skills and knowledge.
- Participate in ongoing training to understand medical treatments and costs in partnership with the clinical risk team.
- Ensure adherence to industry standards and legal requirements in underwriting practices.
View Full Description & ApplyYou'll be redirected to the employer's site