Underwriting Manager
Health Care Service Corporation
Underwriting Manager
Health Care Service Corporation
full-time
Posted on:
Origin: • 🇺🇸 United States • Illinois
Visit company websiteSalary
💰 $100,000 - $180,700 per year
Job Level
Mid-LevelSenior
About the role
- Manage a team that underwrites accounts in compliance with HCSC’s goals and objectives and federal and state legislation, resulting in the sale and renewal of group business
- Underwrite and price various funding options and products and make sound decisions
- Apply consortium procedure and pricing where applicable
- Use extensive knowledge of managed care/health care, group insurance products and group health underwriting financial arrangements
- Ensure operational renewal and prospective group health underwriting processes and procedures are followed
- Prioritize and assign work and project assignments and manage team workload
- Develop and deliver presentations to customers and senior management
- Build and maintain positive relationships internally and externally and interact with representatives of large and strategic accounts
- Coordinate initiatives across departments and interact with senior management and lead staff
- Design and lead projects and implement process improvements
- Present to external clients and senior management and interpret BCBS products and competitors' offerings
- Work in a hybrid/flex model with in-office visibility three days per week and remote work two days per week
Requirements
- Bachelor’s Degree and 5 years’ experience underwriting small and/or large accounts and dealing directly with key customers, consultants and/or brokers OR 6 direct years of experience underwriting small and/or large accounts and dealing directly with key customers, consultants and brokers
- 3 years of underwriting higher complexity cases (if responsibility includes one or more of the following segments: large/major/national/and or specialty market accounts)
- Successfully demonstrated skills and experience in underwriting and pricing of various funding options and products and making sound decisions
- Operational knowledge of renewal and prospective group health underwriting processes and procedures
- Knowledge of underwriting methodologies including mathematical and financial group health underwriting funding
- Extensive experience applying consortium procedure and pricing (if applicable)
- Extensive experience and knowledge of managed care/health care, group insurance products and group health underwriting financial arrangements and knowledge of state and federal legislation to underwriting practices and making sound decisions
- Work management skills in prioritizing and assigning work and project assignments
- Demonstrated skills for developing presentations, building and maintaining positive relationships internally and externally, interacting with representatives of large and strategic accounts, coordinating initiatives across departments, interacting with senior management, lead staff
- Project management skills and experience, including designing and leading projects
- Verbal and written communication skills, including correct grammar, appropriate word choice, precisions, structure, and appropriate tone and level of detail for audience
- Ability to interact with BCBSA and member plans
- Interpret and describe BCBS products and financial arrangements as well as those provided by competitors
- Successfully demonstrated interpersonal skills in establishing and maintaining positive business relationships
- Independent judgment and problem resolution skills
- Strong work ethic and ability to multi-task, prioritize, and manage time and workload to meet deadlines
- PC proficiency to include Word and Excel
- Successfully demonstrated skills and experience in presenting to external clients and senior management
- Process management and process improvement experience and skills to identify and implement process changes
- Relocation is not available; sponsorship will not be offered either now or in the future
