CareQuest Institute for Oral Health

Director, Underwriting

CareQuest Institute for Oral Health

full-time

Posted on:

Origin:  • 🇺🇸 United States • Massachusetts

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Job Level

Lead

Tech Stack

SQL

About the role

  • The Underwriting Director leads and manages a team of underwriters, overseeing the underwriting process to ensure accurate risk assessment, compliance with company policies and industry regulations, and the achievement of profitability goals.
  • Oversees new business pricing, renewals, and related reporting and analysis for all products and business segments.
  • Supports development and execution of strategic plans in support of department and company goals.
  • Manages the pricing and financial risk to meet defined gross margin goals and membership growth objectives.
  • JOB DUTIES AND RESPONSIBILITIES: Strategic Planning and Execution; Pricing and Risk Management; Team Leadership and Development; Operational Efficiency and Underwriting Data Management; Annual Filings, Underwriting Reserves, Reporting and Analysis; Relationship Management.
  • Build and maintain relationships with internal departments and external partners including regulators, brokers, and customers ensuring effective communication and collaboration. (From requisition description)
  • Work closely with Directors of Sales, and Director of Client Experience to ensure renewal of group clients, achievement of sales goals, and overall loss ratio management.
  • Collaborate with Sales, Marketing and core internal departments in support of RFP/RFI’s for prospects and existing clients.
  • Represent the underwriting department at internal and external forums.
  • The statements emphasize compliance, strategic planning, and cross-functional collaboration across the organization.

Requirements

  • Bachelor’s Degree in Business, Mathematics, Actuary, Economics or related field with a minimum of fifteen years’ related health or dental plan underwriting experience with progressive managerial responsibilities.
  • MBA, actuarial certification, or related advanced degree preferred; related industry health insurance designations a plus.
  • Technical skills: Advanced proficiency in Microsoft Excel, Word, PowerPoint and Outlook required.
  • Experience with SQL, BI data management tools, data mining, statistical analysis and query tools preferred.
  • Ability to relate underwriting processes to the financial performance of the company through the use of internal financial reporting, renewal pricing metrics, and market feedback to optimize outcomes.
  • Demonstrated ability to manage staff to execute multiple financial, growth and strategic goals.
  • Demonstrated comfort level working to solve practical problems or resolve business issues.
  • Demonstrated success in creating new processes or solutions when external markets or competitors actions create roadblocks to our strategy.
  • Ability to represent Department in management, strategy, project or client meetings when Vice President is not available.
  • Proven record of team building, motivating staff and goal attainment.
  • The specific statements shown in each section of this description are not intended to be all-inclusive.