Stop Loss Underwriter Director

$113,600 - $204,480/Yr

Elevance Health - Las Vegas, NV

posted 5 months ago

Full-time - Senior
Las Vegas, NV
Insurance Carriers and Related Activities

About the position

The Stop Loss Underwriter Director at Elevance Health plays a crucial role in overseeing stop loss underwriting activities across all business units, ensuring the overall growth and profitability of the organization. This position is pivotal in underwriting and pricing complex new business and renewals, supporting underwriting units, and monitoring the profitability of renewals and prospects in accordance with corporate guidelines. As a subject matter and process expert, the director is responsible for continually improving underwriting and pricing procedures, implementing revisions to existing policies, and promoting consistency in underwriting and pricing practices. In this role, the director will work closely with actuaries to develop and implement pricing strategies for stop loss prospects and renewals. Additionally, the director will be involved in the training and development of Specialty and Health Sales staff, ensuring that the team is well-equipped to handle the complexities of stop loss underwriting. The position requires a strong analytical background, as well as the ability to influence and drive profitability through effective underwriting practices. The director will also be expected to engage with various stakeholders across the organization, fostering collaboration and communication to achieve business objectives. This role is essential for maintaining Elevance Health's competitive edge in the market and ensuring that underwriting practices align with the company's strategic goals.

Responsibilities

  • Underwrites and prices complex new business and renewals.
  • Supports stop loss underwriting units on complex new business and renewals.
  • Monitors and influences profitability of renewals and prospects in accordance with Corporate Guidelines.
  • Serves as a subject matter and process expert.
  • Continually improves underwriting and pricing procedures and implements revisions to existing policies.
  • Promotes and ensures underwriting and pricing consistency.
  • Works with actuaries to develop and implement pricing of stop loss prospects and renewals.
  • Develops and participates in training of Specialty and Health Sales staff.

Requirements

  • Requires a BS/BA in mathematics or a related field.
  • Minimum 7 years of Large Group underwriting experience.
  • Any combination of education and experience that would provide an equivalent background.

Nice-to-haves

  • Stop loss experience highly preferred.

Benefits

  • Comprehensive benefits package
  • Incentive and recognition programs
  • Equity stock purchase
  • 401k contribution
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