Full-Time
Underwriter
Posted on 5/3/2024
Turnkey self-insured employee health benefits.
Junior
Salt Lake City, UT, USA
- Bachelor’s degree in finance, economics, actuarial science, or a related field; relevant professional certifications are a plus.
- Minimum of 2-3 years of experience in stop loss underwriting, with a proven track record in handling complex health risks.
- Proficiency in underwriting software, data analysis tools, and Microsoft Office Suite.
- Ability to analyze data, identify trends, and solve underwriting challenges.
- Strong communication and negotiation skills, with the ability to articulate technical concepts to a non-technical audience.
- Strong team player, capable of working effectively in a dynamic and collaborative environment.
- Understanding of stop loss products; self-funding, healthcare industry trends, and regulatory landscape
- Conduct thorough risk assessments of prospective captive members current health plans and funding arrangements to determine appropriate stop loss coverage levels and premiums.
- Analyze healthcare data, including claims and utilization patterns, to forecast potential risks and cost implications and support proposed underwriting position
- Effectively execute in an environment of incomplete information
- Understanding of competitive market dynamics and react appropriately
- Partner with account management to ensure appropriate pricing rationale is understood and messaged externally and consider consultant / customer dynamics
- Enhance your own skills around knowledge of medical treatments and projected costs in partnership with clinical risk team
- Ensure adherence to industry standards and legal requirements in all underwriting decisions and practices.
ParetoHealth excels in offering a unique approach to employee health benefits by leading the nation in self-insured health benefits captives, making it an ideal place for talent seeking to influence significant health and financial outcomes for businesses. The company's commitment to data-driven solutions provides employees with opportunities to engage directly with cutting-edge technology and processes that directly improve customer care and cost management. This, combined with their track record of reducing healthcare spending for small and medium-sized businesses, creates a dynamic work environment that is both financially and professionally rewarding.
Company Stage
Seed
Total Funding
$522.1K
Headquarters
Philadelphia, Pennsylvania
Founded
2011