Job SummaryThe Underwriting Manager is responsible for leading and developing a team of underwriters while overseeing the evaluation, pricing, and risk selection of stop-loss opportunities. This role ensures underwriting discipline, regulatory compliance, and alignment with carrier and organizational risk appetite, while fostering strong relationships with brokers, TPAs, and carrier partners. The Underwriting Manager plays a critical role in balancing growth objectives with prudent risk management and operational efficiency.
Responsibilities- Team Leadership and Management
- Lead, mentor and manage a team of stop-loss underwriters.
- Provide training and development opportunities to enhance team skills and performance.
- Conduct regular team performance evaluations and provide constructive feedback.
- Risk Assessment and Underwriting
- Oversee the evaluation of applications for stop-loss insurance coverage.
- Ensure accurate risk assessment and underwriting decisions in line with company policies and guidelines.
- Review and approve high-value or complex cases.
- Client Implementation and Onboarding
- Manage the onboarding process for new and existing clients, ensuring accurate service scope selection.
- Strategic Planning and Execution
- Develop and implement underwriting strategies to achieve business goals.
- Monitor market trends and adjust underwriting practices accordingly.
- Collaborate with senior management to set pricing, coverage, and policy terms.
- Collaboration and Communication
- Work closely with brokers, clients, and internal teams to negotiate terms and resolve issues.
- Foster strong relationships with key consultants, vendors and team members to enhance business development.
- Ensure clear and effective communication within the underwriting team and across departments.
- Compliance and Quality Assurance
- Ensure compliance with regulatory requirements and company policies.
- Implement quality control measures to maintain underwriting standards.
- Conduct audits and reviews to ensure accuracy and consistency in underwriting decisions.
- Reporting and Analysis
- Prepare and present reports on underwriting activities, performance, and trends.
- Analyze data to identify opportunities for improvement and innovation.
- Monitor financial performance and make adjustments to underwriting practices as needed.
Requirements- Strong knowledge of self-funded health plans, stop-loss structures, and underwriting methodologies
- Deep understanding of regulatory requirements and compliance considerations
- Proven ability to manage complex risk decisions and broker/carrier relationships
- Strong analytical, decision-making, and problem-solving skills
- Excellent communication skills with the ability to convey complex decisions clearly and professionally
- Experience with KUSoftware.
Education and Experience- 7+ years of stop-loss underwriting experience, with at least 2 years in a leadership or supervisory role
Candidates should be comfortable with an on-site presence to support collaboration, team leadership, and cross-functional partnership.Employee BenefitsWe also offer our employees a comprehensive suite of benefits and perks, including:
- Physical Wellness: Comprehensive medical insurance, dental insurance, and vision insurance; life and disability insurance; fertility benefits; wellness resources; and paid sick time.
- Mental Wellness: Generous paid time off and holidays; Employee Assistance Program (EAP); and a complimentary Calm app subscription.
- Financial Wellness: Immediate vesting in a 401(k) plan; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; commuter benefits; and employee discount programs.
- Family Care: Paid maternity leave and paid paternity leave (including for adoptive parents); legal plan options; and pet insurance coverage.
- ... and so much more!
This list is not exhaustive of all available benefits. Eligibility and waiting periods may apply to certain offerings. Benefits may vary based on subsidiary entity and geographic location.
