Stop Loss Underwriter Director

$113,600 - $204,480/Yr

Elevance Health - Indianapolis, IN

posted 5 months ago

Full-time - Senior
Indianapolis, IN
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 managing complex underwriting processes, pricing new business and renewals, and supporting underwriting units in their operations. The director will monitor and influence the profitability of renewals and prospects, adhering to corporate guidelines, and will serve as a subject matter expert in the field. In this role, the director will continually seek to improve underwriting and pricing procedures, implementing necessary revisions to existing policies to enhance efficiency and effectiveness. The director will work closely with actuaries to develop and implement pricing strategies for stop loss prospects and renewals, ensuring that the organization remains competitive in the market. Additionally, the director will be responsible for developing and participating in training programs for Specialty and Health Sales staff, fostering a culture of knowledge sharing and professional development within the team. This position requires a strong background in large group underwriting, with a focus on stop loss experience being highly preferred. The director will be expected to lead initiatives that promote consistency in underwriting and pricing across the organization, ultimately contributing to the financial success of Elevance Health.

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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