Capital Rx

Underwriting Analyst

Capital Rx$76K — $95K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Actuarial Science, Statistics, or Economics; relevant experience may substitute for a degree
  • 1-3+ years in financial analysis, actuarial services, accounting, pricing & underwriting
  • Experience within Pharmacy, PBM, or Health Plan sectors is preferred
  • Strong knowledge of risk management, statistics, and financial modeling
  • Experience handling large data sets and analyzing historical claims data
  • Proficient in Excel and data visualization tools, with familiarity in SQL, SAS, or R being preferred
  • Ability to manage multiple complex projects and shifting priorities while maintaining attention to detail

Responsibilities

  • Support daily pricing and underwriting activities under senior guidance
  • Collaborate with the Underwriting Team and cross-functional groups to enhance processes and models
  • Assist in developing and executing pricing strategies alongside senior underwriters
  • Prepare materials for underwriting presentations, identifying potential risks
  • Organize and analyze external data to support underwriting decisions
  • Assist in developing pricing models for new and existing products
  • Manage tasks across multiple projects to meet deadlines and deliverables

Benefits

  • Flexible job description allowing for reassignment of duties as needed
  • Collaborative work environment encouraging partnerships across various teams
  • Focus on continuous improvement and driving best practices in pricing and underwriting
  • Opportunity for professional development in financial analysis and underwriting
  • Adherence to a Code of Conduct that promotes ethical practices and reporting compliance
Full Job Description
Position Summary:

This role supports pricing and underwriting and ensuring timely and accurate RFP responses. The position involves collaborating with various teams to refine financial models and reporting, presenting final underwriting to leadership, and driving continuous improvement in pricing and underwriting practices.

Position Responsibilities:
  • Support day-to-day pricing and underwriting activities for new and renewal business opportunities under the guidance of senior team members
  • Partner with the Underwriting Team and cross-functional groups to help maintain and enhance underwriting processes, financial models, and reporting procedures
  • Assist senior underwriters with the development and execution of pricing strategies
  • Contribute to underwriting presentations by preparing materials and supporting documentation, including identifying potential risks for review
  • Gather, review, and organize external data to support underwriting analysis and decision-making
  • Assist in the analysis and development of pricing models for new and existing products
  • Manage assigned tasks across multiple projects, ensuring timelines and deliverables are met
  • Support ongoing maintenance and enhancements of underwriting and financial reporting systems
  • Collaborate with internal stakeholders to help fulfill financial analytics and reporting needs
  • Provide general analytical and operational support to meet broader business needs
  • Adhere to the Capital Rx Code of Conduct, including reporting any identified noncompliance

Required Qualifications
  • Bachelor's degree, with record of strong academic performance in Accounting, Finance, Actuarial Science, Statistics, or Economics (In lieu of a degree, equivalent relevant work experience may be considered)
  • 1-3+ years of proven experience in financial analysis, actuarial services, accounting, pricing & underwriting preferred
  • Pharmacy, PBM, or Health Plan experience preferred
  • Knowledge of risk management, statistics, financial modeling
  • Experience manipulating large data sets, including the ability to analyze and interpret historical claims data.
  • Proficient in Excel and data visualization tools
  • Experience in either SQL, SAS, or R preferred
  • Ability to balance multiple complex projects simultaneously
  • Strong technical, analytical, and problem-solving skills
  • Exceptional written and verbal communication skills
  • Extremely flexible, highly organized, and able to shift priorities easily
  • Attention to detail & commitment to delivering high quality work product


New York, NY Salary Range

$76,000-$95,000 USD

Denver, CO Salary Range

$69,600-$87,000 USD

Charlotte, NC Salary Range

$63,200-$79,000 USD

All employees are responsible for adherence to the Capital Rx Code of Conduct including the reporting of non-compliance. This position description is designed to be flexible, allowing management the opportunity to assign or reassign duties and responsibilities as needed to best meet organizational goals.

About Capital Rx

Capital Rx is a healthcare company that provides pharmacy benefit management services to self-insured employers. The company's technology platform, RxNova, allows employers to manage their pharmacy benefits and provides real-time data analytics. Capital Rx was founded in 2017 and is headquartered in Charleston, SC.
Learn more about Capital Rx
Size
50 employees
Industry

Similar Jobs

More Jobs at Capital Rx

More Healthcare Jobs

Find similar Underwriting Analyst jobs: