Stop Loss Underwriter Director

$113,600 - $204,480/Yr

Elevance Health - Miami, FL

posted 5 months ago

Full-time - Senior
Miami, FL
Insurance Carriers and Related Activities

About the position

The Stop Loss Underwriter Director at Elevance Health is a pivotal role responsible for overseeing all stop loss underwriting activities across various business units. This position is crucial for ensuring the overall growth and profitability of the organization. The director will be tasked with underwriting and pricing complex new business and renewals, supporting underwriting units on intricate cases, and monitoring the profitability of renewals and prospects in alignment with corporate guidelines. As a subject matter expert, the director will continually seek to improve underwriting and pricing procedures, implementing necessary revisions to existing policies to promote consistency across the board. In addition to these responsibilities, the director will collaborate closely with actuaries to develop and implement pricing strategies for stop loss prospects and renewals. A significant aspect of this role involves developing and participating in training programs for Specialty and Health Sales staff, ensuring that the team is well-equipped with the knowledge and skills necessary to succeed in their roles. The director will play a key role in shaping the underwriting landscape within the organization, driving initiatives that enhance efficiency and effectiveness in underwriting practices.

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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