Senior Underwriter - Stop Loss
Cambia Health Solutions

Senior Underwriter - Stop Loss

Work Remotely from Oregon, Washington, Idaho or Utah

Primary Job Purpose

The Senior Underwriter of Stop Loss evaluates each assigned group's risk and attaches the appropriate rate. They also underwrite a profitable book of business and services all business to target profitability objectives and marketing objectives.

General Functions and Outcomes

• Ensures that the risks are appropriate and consistent with the underwriting guidelines and policies.
  
• In conjunction with the nurse, reviews large or ongoing claim concerns and adjusts rates or sets lasers appropriately.
  
• Actively involved with testing new rating, underwriting and front-end systems, analyzing statistical data and performs the more complex rate analyses, developing rates for existing and prospective contracts.
  
• Calculates the reserve for unreported and unpaid claims by analyzing the group's utilization and run out patterns, enrollment trends and other factors applicable to the group.
  
• In calculating rates, reviews group's prior experience, benefit utilization patterns, group size, age/gender composition, group's plan of benefits (past and current), type of industry and administrative costs.
  
• Prepares marketable rates for optional benefits on existing and prospective contracts by analyzing statistical data to determine a balance between income and costs.
  
• Prepares rates for contract renewals, proposals, and benefit modification by analyzing statistical data using professional experience and subjective judgment, relying heavily on analysis of base period projections and linear regression.
  
• Supports management reporting efforts and the development of automated rating and analysis tools.
  
• Works closely with members of the Sales Departments to answer questions and/or resolve issues regarding Stop Loss Underwriting.
  

Minimum Requirements

• Highly developed business sense (finance, accounting, economics, risk management)
  
• Demonstrated competency in reading the marketplace with regard to rate sensitivity.
  
• Demonstrated ability to think analytically, apply analytical techniques and to provide in-depth analysis.
  
• and recommendations using critical thinking and sound judgment.
  
• Demonstrated attainment of a high level of independent, consistent performance.
  
• Comfortable working with complex computer software systems.
  
• Ability to communicate effectively, verbally and in writing, maintaining a positive professional.
  
• interaction with both internal and external customers.
  

Normally to be proficient in the competencies listed above

The Senior Underwriter of Stop Loss would have a Bachelor's Degree in business, math, statistics or related discipline and 5 years of advance experience in an underwriting related field or equivalent combination of education or experience.

Work Environment

• Work primarily performed in office environment.
• No unusual working conditions.

The base pay annual salary range for this job is $83,500.00 to $136,000.00

At Cambia, we take a variety of factors into account when creating a job offer, including your skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. While we offer competitive salaries, in general, we rarely hire candidates at or near the top of the salary range.

Base pay is just part of the compensation package at Cambia that is supplemented with an exceptional 401(k) match, bonus opportunity and other benefits. In keeping with our Cause and vision, we offer comprehensive well-being programs and benefits, which we periodically update to stay current. Some highlights:

• medical, dental, and vision coverage for employees and their eligible family members
  
• annual employer contribution to a health savings account ($1,200 or $2,500 depending on medical coverage, prorated based on hire date)
  
• paid time off and company holidays
  
• up to a 6% company match on employee 401k contributions, with a potential discretionary contribution based on company performance (no vesting period)
  
• up to 12 weeks of paid parental time off (eligible day one of employment if within first 12 months following birth or adoption)
  
• one-time furniture and equipment allowance for employees working from home
  
• up to $225 in Amazon gift cards for participating in various well-being activities for a complete list see our External Total Rewards page.
  

We are an Equal Opportunity and Affirmative Action employer dedicated to workforce diversity and a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A background check is required.

If you need accommodation for any part of the application process because of a medical condition or disability, please email CambiaCareers@cambiahealth.com. Information about how Cambia Health Solutions collects, uses, and discloses information is available in our Privacy Policy. As a health care company, we are committed to the health of our communities and employees during the COVID-19 pandemic. Please review the policy on our Careers site.

This job has expired.