Stop Loss Underwriter Director

$113,600 - $204,480/Yr

Elevance Health - Costa Mesa, CA

posted 5 months ago

Full-time - Senior
Costa Mesa, CA
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 and pricing strategies for both new business and renewals. The director will be responsible for underwriting and pricing complex new business and renewals, supporting underwriting units, and monitoring the profitability of renewals and prospects in alignment with corporate guidelines. In this role, the director will serve as a subject matter expert, continually improving underwriting and pricing procedures while implementing necessary revisions to existing policies. The director will also promote and ensure consistency in underwriting and pricing across the organization. Collaboration with actuaries is essential to develop and implement effective 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 they are equipped with the necessary knowledge and skills to succeed in their roles. This position operates under a hybrid workforce strategy, requiring associates to work at an Elevance Health location at least once per week, with specific onsite requirements discussed during the hiring process. The role is open to candidates in various locations, providing flexibility while maintaining opportunities for in-person connections.

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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