Stop Loss Underwriting Consultant
Health Care Service Corporation
full-time
Posted on:
Location Type: Hybrid
Location: Chicago • Illinois • Texas • United States
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Salary
💰 $92,700 - $167,500 per year
About the role
- Quoting and rating proposals and renewal projections and approves cases within established authority guidelines.
- Formulate strategies and present renewals, proposals, and other financial strategies to designated prospect and current accounts, consultants, and brokers.
- Take an active role in corporate projects and function as the lead in departmental projects.
Requirements
- Bachelor degree OR 5 years of experience in a group health insurance function.
- 5 years of experience underwriting cases of moderate complexity OR Demonstrated capability to meet required job responsibility.
- 2 years of underwriting of higher complexity cases.
- Successfully demonstrated skills and experience in underwriting and pricing of various funding options and products and making sound decisions.
- Successfully demonstrated skills for performing risk qualification.
- Math skills including the four basic math calculations (addition, subtraction, division & multiplication) and ability to estimate for mathematical reasonableness.
- Successfully demonstrated interpersonal skills in establishing and maintaining positive business relationships.
- Independent judgment and problem resolution skills.
- Work and project management skills including the ability to multi-task, prioritize, and manage time and workload to meet deadlines.
- Verbal and written communication skills to include correct grammar, word choice, precision, conciseness, structure, audience appropriate tone and language.
- PC proficiency to include Word and Excel.
- Successfully demonstrated skills and experience in presenting to external clients.
- Extensive knowledge and skills in applying state and federal legislation governing underwriting practices.
- Effective Negotiation skills.
- Financial analysis and underwriting skills.
- Successful experience achieving positive results dealing with customers, consultants and brokers.
- Skills to deliver on the job training.
- Extensive experience-based knowledge of Stop Loss
- Process management and process improvement experience and skills to identify and implement process changes.
- Represent HCSC as a consultant/subject matter expert for financial meetings with external clients. Formulate strategies and present renewals, proposals, and other financial strategies to designated prospect and current accounts, consultants, and brokers.
- Take an active role in corporate projects and function as the lead in departmental projects.
Benefits
- Health insurance
- 401(k) savings plan
- Pension plan
- Paid time off
- Paid parental leave
- Disability insurance
- Supplemental life insurance
- Employee assistance program
- Paid holidays
- Tuition reimbursement
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
underwritingfinancial analysispricingrisk qualificationmath skillsprocess managementprocess improvementStop Lossproject managementnegotiation
Soft Skills
interpersonal skillsindependent judgmentproblem resolutiontime managementmulti-taskingverbal communicationwritten communicationpresentation skillsrelationship buildingtraining delivery