Bachelor's Degree in Business Administration, Accounting, Finance, or equivalent experience
8 years of relevant experience, with management experience preferred in Stop Loss underwriting
Advanced knowledge of underwriting principles and practices
Excellent written and verbal communication skills with a focus on confidentiality
Strong organizational and analytical skills with ability to manage multiple tasks
Knowledge of industry changes and legal updates related to the business
Proficient in Microsoft Office, especially Excel, Access, and PowerPoint
Responsibilities
Evaluate risk acceptability and set appropriate rates
Conduct audits on quotations, new business, and renewals for compliance
Audit high aggregate claims cases as per corporate guidelines
Oversee regional underwriters' daily operations and workflow
Educate and train team members on strong underwriting practices
Develop and maintain underwriting guidelines and manuals
Benefits
Comprehensive benefit package including medical, vision, and dental
Strong learning culture with ongoing development opportunities
Opportunities for growth and career advancement
401(k) plan with 6% company match
20 days of PTO and paid parental leave
Access to award-winning wellness program
Student loan matching program
Employee discount program
Meaningful work that aligns with personal values
Full Job Description
Role Overview Under minimal supervision, reviews underwriting proposals for high-dollar volume recommendations that are developed in the regional offices. Ensures that underwriting recommendations and decisions are effective and appropriate for the protection of the financial assets of the company and the carrier Key Responsibilities
Evaluate risk acceptability within established corporate guidelines and set appropriate rates and factor levels.
Perform audits on a percentage of all quotations, new business and renewal cases produced by each region to insure compliance with underwriting guidelines.
Perform audits on cases with aggregate claims in excess of determined percentage as established in corporate guidelines.
May direct the day-to-day underwriting of the underwriters on regional teams. This includes, but is not limited to reviewing and signing-off on underwriter discretion level, acting as a resource for underwriting questions, and managing the work flow.
Educating and training colleagues and team members in the duties and responsibilities of strong underwriting practices.
Develops and maintains department guidelines contained in Underwriting Manual as well as maintains overall product of Underwriting Manual.
What You Bring
4 Year / Bachelors Degree in Business Administration, Accounting, Finance, a related field, or the equivalent education and/or experience
8 Years Relevant and progressive experience Management experience preferred in Stop Loss underwriting
Possess and have ability to apply advanced knowledge of principles, practices, and procedures
Excellent written and verbal communications skills with an emphasis on confidentiality, tact, and diplomacy
Superior organizational and analytical skills; demonstrated ability to manage multiple tasks/projects simultaneously
Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company's business to proactively respond to changing business environment
Advanced proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)
W hat We Offer
Competitive salary and comprehensive benefit package
Strong learning culture with ongoing development opportunities
Opportunities for growth and career advancement
Comprehensive medical, vision, and dental coverage, with eligibility beginning on your first day of employment
Basic life and disability insurance
401(k) plan with 6% company match
20 days of PTO, two floating holidays, approximately 11 paid holidays, and volunteer time off
Paid parental leave
Access to our award-winning wellness program, including mental health services, fitness network membership, and a complimentary Headspace subscription
Student loan matching program
Employee discount program
An opportunity to do meaningful work and love what you do
The pay range for this position is $88.900-$196,300, which includes geographic adjustments, where applicable. The pay range is the range THMCC, in good faith, believes is the range of compensation for this role at the time of this posting. The hired applicant will be offered pay within the entire range based on the candidate's geographic location, qualifications, work experience, education, and/or skill level. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of color, race, sex, national origin, sexual orientation, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pay equity laws.
