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Senior Underwriter

Remote:

Full Remote

Contract:

Full time

Experience:

Mid-level (2-5 years)

Work from:

Georgia (USA)

Offer summary

Qualifications:

4-year bachelor’s degree or equivalent in business related field, 4+ years of progressive experience in Medical Stop Loss Underwriting, Proficiency in Microsoft Office package.

Key responsabilities:

Make underwriting decisions to protect company's financial assets
Evaluate risk acceptability and set appropriate rates
Establish and maintain productive relationships
Meet annual company goals for profitability and growth
Train, mentor, and collaborate with internal and external personnel

Tokio Marine HCC Insurance Large https://www.tmhcc.com/

1001 - 5000 Employees

See more Tokio Marine HCC offers

Job description

Description

Position at Tokio Marine HCC

TMHCC Stop Loss, a $2 Billion division within Tokio Marine HCC, leads the way in providing medical stop loss insurance sold to employers. Medical Stop Loss provides an added layer of insurance protection to employers who choose to self-fund their health benefit plans. Self-funding can incur risks from catastrophic claims, and Medical Stop Loss insurance from Tokio Marine HCC is designed to protect employers from that risk.

Based in our remotely, this person will report to the VP, Regional Underwriting Manager.

Position Summary:

Makes underwriting recommendations and decisions to protect the financial assets of the Company and the carrier. Reviews proposal requests to evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing. Establishes, maintains, and develops producer relationships. This position has defined underwriting authority and business development responsibility.

Key Responsibilities:

Meet annual company goals for profitability, renewal retention, revenue growth, new business production and customer service standards.
Evaluate risk acceptability within established guidelines and set appropriate rates and factor levels.
Analyze proposed plans and plan changes for acceptability and cost.
Work in conjunction with the Sales department to follow-up on quoted cases and achieve desired outcomes.
Communicate and collaborate with third-party administrators, brokers, and other external parties to answer questions, explain decisions, deal with problems, build and maintain productive relationships, and respond appropriately and in a timely manner to service requests.
Work collaboratively with management, internal departments, and other parties as necessary to respond to customer needs and deliver exceptional customer experiences.
Complete requests for proposals (RFPs) promptly and follow-up for status and competitive information.
Train and mentor Underwriters, and other internal and external personnel as assigned.
Ability to occasionally travel to visit external and internal parties as needed.
Ability to successfully participate in and complete projects and other activities as assigned.
Other duties as assigned.

Education, Experience & Knowledge:

4-year bachelor’s degree in business administration, Accounting, Finance, a related field or equivalent education and/or experience.
4 or more years progressive and relevant experience.
Demonstrated expertise, knowledge, and proficiency in Medical Stop Loss Underwriting.
Demonstrates strategic thinking, anticipation, proactivity, and relationship building skills.

Ability to read and interpret documents such as plan of benefits, bid specifications, claim reports, and procedural manuals.
Possess and have ability to apply knowledge of principles, practices, and procedures.
Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy.
Strong critical thinking and negotiating skills.
Advanced organization and analytical skills; demonstrated ability to manage multiple tasks simultaneously and work effectively under time pressure.
Knowledge of insurance industry and Company's business.
Intermediate proficiency and experience using Microsoft Office package (Excel, PowerPoint, Word, Outlook, Teams, etc.).
Collaboration skills and ability to work in a highly team-oriented environment.
Adaptability and willingness to learn.
Preferred: previous knowledge and experience using Young Consulting’s ESLOffice or equivalent.
Preferred: basic knowledge of medical terminology.