Senior Underwriter Consultant responsible for evaluating insurance risks and setting premium rates for complex group cases. Position involves collaboration across multiple departments and technical guidance for junior staff.
Responsibilities
Calculates stop loss rates for large complex cases based on thorough analysis of experience, location, demographics, etc.
Coordinates with other departments to ensure accuracy and consistency of overall account reporting.
Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.
Performs post-sale reviews.
Prepares or supervises preparation of annual settlements, rate projections, or benefit change increments and decrements.
Surveys existing product portfolios by market, monitors sales results, trends and needs, recommends product portfolio changes.
Assists in establishing rating and administrative procedures.
Participates in major multi-functional teams as underwriting representative.
Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements.
Updates and monitors departmental processes and procedures in compliance with system, regulatory and business requirements.
Requirements
Requires a BA/BS in a related field
Minimum 7 years of related experience
CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred
Stop Loss underwriting experience preferred
Demonstrated expertise, knowledge, and proficiency in Medical Stop Loss Underwriting.
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