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Full-Time

Senior Underwriter

Posted on 7/11/2024

Gravie

Gravie

201-500 employees

Offers no-deductible health plans for employers

Financial Services

Senior, Expert

Minneapolis, MN, USA

Category
Insurance
Risk Management
Finance & Banking
Required Skills
Sales
Data Analysis
Requirements
  • Bachelor’s degree in Business, Finance, Economics, Statistics, Mathematics, Insurance or other related majors
  • 5+ years of relevant group health fully-insured, self-insured, level funded, and/or stop loss underwriting
Responsibilities
  • Use Gravie’s proprietary underwriting engine to offer competitive pricing for a first-of-its-kind health plan to employers and their employees across the country
  • Coordinate the pricing for certain segments of new and renewal employer group cases on Gravie’s proprietary products within designated authority limits
  • Coordinate and review Individual Health Questionnaires (IHQ) and partner with the Medical Underwriting team as needed to derive the cost projections for each individual enrolled in the plan
  • Underwrite level-funded and self-funded cases with both individual and aggregate stop loss offerings, relying on claims experience, medical health questionnaires and other related data/information
  • Review underwriting case preparation work from Associate Underwriters and Underwriters and request and/or add analyses as necessary to accurately assess risk and recommend pricing for cases
  • Support larger team by meticulously evaluating and completing risk reviews
  • Use your experience to act as a mentor and coach to provide support to Associate Underwriters and Underwriters
  • Learn the ins and outs of Gravie’s proprietary underwriting engine; add your experience and judgment when underwriting cases; and contribute to the improvement and evolution of Gravie’s underwriting practices
  • Work closely with Sales Operations, Actuarial and Analytics teams to support Gravie’s busy and growing pipeline of quotes successfully and efficiently
  • Work closely with Account Management and Underwriting Leadership on strategies and pricing to support the retention of existing customers
  • As assigned, support key Underwriting projects designed to drive efficiencies and automation to support the rapid scaling of the business

Gravie offers a compelling workplace given its significant role in transforming healthcare plans for small and midsize employers by eliminating common financial burdens such as deductibles and copays. The company stands out in its market segment by embracing technology that allows coverage of essential healthcare services at no extra cost, thereby pioneering a model that significantly eases the health management for employers and their teams. This cultural commitment to alleviating healthcare challenges and the practical approach in application not only positions it as a leader in its sector but also enriches its internal work environment through a clear, positive mission that directly benefits society.

Company Stage

Series E

Total Funding

$342.6M

Headquarters

Minneapolis, Minnesota

Founded

2013

Growth & Insights
Headcount

6 month growth

4%

1 year growth

36%

2 year growth

82%