Job Description
Qualifications
Underwriter in Miami and/or Gainesville, Florida
Bachelors required
6-10 years of experience in Underwriting in HMO or health insurance or related field with medical risk evaluation and financial analysis experience
An equivalent combination of education and experience may be considered
Benefits
Medical, Dental, and Vision Insurance
Paid Annual Leave, Sick Leave
Flexible Spending Accounts
Retirement funds with matching contribution
Supplemental insurance policies, including legal, Life Insurance and AD&D among others
Work Perks program including discounted movie and theme park tickets among other great deals
Opportunities for further advancement within our organization
Note: Sentara Healthcare offers employees comprehensive health care and retirement benefits designed with you and your family's well-being in mind
Our benefits packages are designed to change with you by meeting your needs now and anticipating what comes next
You have a variety of options for medical, dental and vision insurance, life insurance, disability, and voluntary benefits as well as Paid Time Off in the form of sick time, vacation time and paid parental leave
Team Members have the opportunity to earn an annual flat amount Bonus payment if established system and employee eligibility criteria is met
Responsibilities
This is a hybrid position, 2 days in office and 3 days remote if within local market or 100% remote if outside of local territory
Underwriter reviews and analyzes risks posed by employer groups requesting group health coverage and develops employer group-specific premium rates for all large group and self-funded products
Assists with the development and implementation of procedures for monitoring the overall effectiveness of the underwriting function
Analyzes employer group experience reports from both internal and external sources in connection with group-specific premium rate development
Develops studies, reports and analysis to respond to specific underwriting issues
Evaluates medical risk for employer groups
Determines premium rates for prospective clients
Determines rates and fees for self-funded employer groups, procures stop loss quotations from outside insurance carriers, and produces and presents final proposals based on client-specific requirements
Processes requests for self-funded renewals, completes stop-loss carrier requirements for renewal rate changes, disclosures, and final offers
Collaborates with sales by participating in meetings and/or conference calls with employer groups, outside brokers and consultants
Attends and participates in Pricing Strategy Council meetings for review of Strategic Account prospects and renewals
Interacts with SVPs and Marketing Directors concerning final recommendations for rating actions or fee recommendations
Collaborates with other departments to implement new rates, rating methodologies and applications
Performs implementation testing for changes to rating and workflow programs needed to underwrite prospects and renewing clients
Recommend changes to programs when necessary
Assists in the development and maintenance of documentation on quote processes and underwriting guidelines, including department Underwriting Manual
Maintain ASO database, Retention Tracker and Block Budget
Documents risk evaluation findings and maintain acceptable records for review and audit by regulatory authorities
Produces and maintains reports and reporting systems to monitor and assist in renewal and new business processes
Presents report findings and recommendations to leadership for review and approval
Develops, produces and maintains Block Renewal reporting for presentation to Senior Management at monthly Block Renewal meetings
Coordinate development and maintenance of methodologies and data sources with Group Actuarial
Develop and maintain Block Renewal Report for Senior Management review on a monthly basis
Performs additional duties and responsibilities as assigned by management
Job description
AvMed, a division of Sentara Health Plans in the Florida market, is hiring a Sr. Underwriter in Miami and/or Gainesville, Florida. This is a hybrid position, 2 days in office and 3 days remote if within local market or 100% remote if outside of local territory.
Scope of position: The Sr. Underwriter reviews and analyzes risks posed by employer groups requesting group health coverage and develops employer group-specific premium rates for all large group and self-funded products. Assists with the development and implementation of procedures for monitoring the overall effectiveness of the underwriting function.
Essential Job Functions:
• Analyzes employer group experience reports from both internal and external sources in connection with group-specific premium rate development. Develops studies, reports and analysis to respond to specific underwriting issues. Evaluates medical risk for employer groups. Determines premium rates for prospective clients.
• Determines rates and fees for self-funded employer groups, procures stop loss quotations from outside insurance carriers, and produces and presents final proposals based on client-specific requirements. Processes requests for self-funded renewals, completes stop-loss carrier requirements for renewal rate changes, disclosures, and final offers.
• Collaborates with sales by participating in meetings and/or conference calls with employer groups, outside brokers and consultants.
• Attends and participates in Pricing Strategy Council meetings for review of Strategic Account prospects and renewals. Interacts with SVPs and Marketing Directors concerning final recommendations for rating actions or fee recommendations.
• Collaborates with other departments to implement new rates, rating methodologies and applications. Performs implementation testing for changes to rating and workflow programs needed to underwrite prospects and renewing clients. Recommend changes to programs when necessary.
• Assists in the development and maintenance of documentation on quote processes and underwriting guidelines, including department Underwriting Manual. Maintain ASO database, Retention Tracker and Block Budget.
• Documents risk evaluation findings and maintain acceptable records for review and audit by regulatory authorities.
• Produces and maintains reports and reporting systems to monitor and assist in renewal and new business processes. Presents report findings and recommendations to leadership for review and approval.
• Develops, produces and maintains Block Renewal reporting for presentation to Senior Management at monthly Block Renewal meetings. Coordinate development and maintenance of methodologies and data sources with Group Actuarial. Develop and maintain Block Renewal Report for Senior Management review on a monthly basis.
• Performs additional duties and responsibilities as assigned by management
Minimum Requirements:
• Bachelors required
• 6-10 years of experience in Underwriting in HMO or health insurance or related field with medical risk evaluation and financial analysis experience
• An equivalent combination of education and experience may be considered
Preferred Requirements:
• Health Insurance Portability and Accountability Act (HIPAA)-Proficiency: Advanced
• Manage Projects- Proficiency: Advanced
• Problem Solving- Proficiency: Advanced
• SQL, VBA and/or SAS- Proficiency: Intermediate
• Microsoft Office (Word, Excel Access, Outlook)-Proficiency: Intermediate
Our Benefits:
As the third-largest employer in Virginia, Sentara Health was named by Forbes Magazine as one of America's best large employers. We offer a variety of amenities to our employees, including, but not limited to:
• Medical, Dental, and Vision Insurance
• Paid Annual Leave, Sick Leave
• Flexible Spending Accounts
• Retirement funds with matching contribution
• Supplemental insurance policies, including legal, Life Insurance and AD&D among others
• Work Perks program including discounted movie and theme park tickets among other great deals
• Opportunities for further advancement within our organization
Sentara employees strive to make our communities healthier places to live. We're setting the standard for medical excellence within a vibrant, creative, and highly productive workplace. For information about our employee benefits, please visit: Benefits - Sentara (sentaracareers.com)
Join our team! We are committed to quality healthcare, improving health every day, and provide the opportunity for training, development, and growth!
Note: Sentara Healthcare offers employees comprehensive health care and retirement benefits designed with you and your family's well-being in mind. Our benefits packages are designed to change with you by meeting your needs now and anticipating what comes next. You have a variety of options for medical, dental and vision insurance, life insurance, disability, and voluntary benefits as well as Paid Time Off in the form of sick time, vacation time and paid parental leave. Team Members have the opportunity to earn an annual flat amount Bonus payment if established system and employee eligibility criteria is met.
This position is 100% Remote but candidates must have a current residence in one of the follow states or being willing to relocate - Alabama, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Louisiana, Maine Maryland, Minnesota, Nebraska, Nevada, New Hampshire, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington (state), West Virginia, Wisconsin, Wyoming.
For applicants within Washington State, the following hiring range will be applied: $76,636.56 to $ $114,+43.+2 annually.
Underwriter in Miami and/or Gainesville, Florida
Bachelors required
6-10 years of experience in Underwriting in HMO or health insurance or related field with medical risk evaluation and financial analysis experience
An equivalent combination of education and experience may be considered
Benefits
Medical, Dental, and Vision Insurance
Paid Annual Leave, Sick Leave
Flexible Spending Accounts
Retirement funds with matching contribution
Supplemental insurance policies, including legal, Life Insurance and AD&D among others
Work Perks program including discounted movie and theme park tickets among other great deals
Opportunities for further advancement within our organization
Note: Sentara Healthcare offers employees comprehensive health care and retirement benefits designed with you and your family's well-being in mind
Our benefits packages are designed to change with you by meeting your needs now and anticipating what comes next
You have a variety of options for medical, dental and vision insurance, life insurance, disability, and voluntary benefits as well as Paid Time Off in the form of sick time, vacation time and paid parental leave
Team Members have the opportunity to earn an annual flat amount Bonus payment if established system and employee eligibility criteria is met
Responsibilities
This is a hybrid position, 2 days in office and 3 days remote if within local market or 100% remote if outside of local territory
Underwriter reviews and analyzes risks posed by employer groups requesting group health coverage and develops employer group-specific premium rates for all large group and self-funded products
Assists with the development and implementation of procedures for monitoring the overall effectiveness of the underwriting function
Analyzes employer group experience reports from both internal and external sources in connection with group-specific premium rate development
Develops studies, reports and analysis to respond to specific underwriting issues
Evaluates medical risk for employer groups
Determines premium rates for prospective clients
Determines rates and fees for self-funded employer groups, procures stop loss quotations from outside insurance carriers, and produces and presents final proposals based on client-specific requirements
Processes requests for self-funded renewals, completes stop-loss carrier requirements for renewal rate changes, disclosures, and final offers
Collaborates with sales by participating in meetings and/or conference calls with employer groups, outside brokers and consultants
Attends and participates in Pricing Strategy Council meetings for review of Strategic Account prospects and renewals
Interacts with SVPs and Marketing Directors concerning final recommendations for rating actions or fee recommendations
Collaborates with other departments to implement new rates, rating methodologies and applications
Performs implementation testing for changes to rating and workflow programs needed to underwrite prospects and renewing clients
Recommend changes to programs when necessary
Assists in the development and maintenance of documentation on quote processes and underwriting guidelines, including department Underwriting Manual
Maintain ASO database, Retention Tracker and Block Budget
Documents risk evaluation findings and maintain acceptable records for review and audit by regulatory authorities
Produces and maintains reports and reporting systems to monitor and assist in renewal and new business processes
Presents report findings and recommendations to leadership for review and approval
Develops, produces and maintains Block Renewal reporting for presentation to Senior Management at monthly Block Renewal meetings
Coordinate development and maintenance of methodologies and data sources with Group Actuarial
Develop and maintain Block Renewal Report for Senior Management review on a monthly basis
Performs additional duties and responsibilities as assigned by management
Job description
AvMed, a division of Sentara Health Plans in the Florida market, is hiring a Sr. Underwriter in Miami and/or Gainesville, Florida. This is a hybrid position, 2 days in office and 3 days remote if within local market or 100% remote if outside of local territory.
Scope of position: The Sr. Underwriter reviews and analyzes risks posed by employer groups requesting group health coverage and develops employer group-specific premium rates for all large group and self-funded products. Assists with the development and implementation of procedures for monitoring the overall effectiveness of the underwriting function.
Essential Job Functions:
• Analyzes employer group experience reports from both internal and external sources in connection with group-specific premium rate development. Develops studies, reports and analysis to respond to specific underwriting issues. Evaluates medical risk for employer groups. Determines premium rates for prospective clients.
• Determines rates and fees for self-funded employer groups, procures stop loss quotations from outside insurance carriers, and produces and presents final proposals based on client-specific requirements. Processes requests for self-funded renewals, completes stop-loss carrier requirements for renewal rate changes, disclosures, and final offers.
• Collaborates with sales by participating in meetings and/or conference calls with employer groups, outside brokers and consultants.
• Attends and participates in Pricing Strategy Council meetings for review of Strategic Account prospects and renewals. Interacts with SVPs and Marketing Directors concerning final recommendations for rating actions or fee recommendations.
• Collaborates with other departments to implement new rates, rating methodologies and applications. Performs implementation testing for changes to rating and workflow programs needed to underwrite prospects and renewing clients. Recommend changes to programs when necessary.
• Assists in the development and maintenance of documentation on quote processes and underwriting guidelines, including department Underwriting Manual. Maintain ASO database, Retention Tracker and Block Budget.
• Documents risk evaluation findings and maintain acceptable records for review and audit by regulatory authorities.
• Produces and maintains reports and reporting systems to monitor and assist in renewal and new business processes. Presents report findings and recommendations to leadership for review and approval.
• Develops, produces and maintains Block Renewal reporting for presentation to Senior Management at monthly Block Renewal meetings. Coordinate development and maintenance of methodologies and data sources with Group Actuarial. Develop and maintain Block Renewal Report for Senior Management review on a monthly basis.
• Performs additional duties and responsibilities as assigned by management
Minimum Requirements:
• Bachelors required
• 6-10 years of experience in Underwriting in HMO or health insurance or related field with medical risk evaluation and financial analysis experience
• An equivalent combination of education and experience may be considered
Preferred Requirements:
• Health Insurance Portability and Accountability Act (HIPAA)-Proficiency: Advanced
• Manage Projects- Proficiency: Advanced
• Problem Solving- Proficiency: Advanced
• SQL, VBA and/or SAS- Proficiency: Intermediate
• Microsoft Office (Word, Excel Access, Outlook)-Proficiency: Intermediate
Our Benefits:
As the third-largest employer in Virginia, Sentara Health was named by Forbes Magazine as one of America's best large employers. We offer a variety of amenities to our employees, including, but not limited to:
• Medical, Dental, and Vision Insurance
• Paid Annual Leave, Sick Leave
• Flexible Spending Accounts
• Retirement funds with matching contribution
• Supplemental insurance policies, including legal, Life Insurance and AD&D among others
• Work Perks program including discounted movie and theme park tickets among other great deals
• Opportunities for further advancement within our organization
Sentara employees strive to make our communities healthier places to live. We're setting the standard for medical excellence within a vibrant, creative, and highly productive workplace. For information about our employee benefits, please visit: Benefits - Sentara (sentaracareers.com)
Join our team! We are committed to quality healthcare, improving health every day, and provide the opportunity for training, development, and growth!
Note: Sentara Healthcare offers employees comprehensive health care and retirement benefits designed with you and your family's well-being in mind. Our benefits packages are designed to change with you by meeting your needs now and anticipating what comes next. You have a variety of options for medical, dental and vision insurance, life insurance, disability, and voluntary benefits as well as Paid Time Off in the form of sick time, vacation time and paid parental leave. Team Members have the opportunity to earn an annual flat amount Bonus payment if established system and employee eligibility criteria is met.
This position is 100% Remote but candidates must have a current residence in one of the follow states or being willing to relocate - Alabama, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Louisiana, Maine Maryland, Minnesota, Nebraska, Nevada, New Hampshire, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington (state), West Virginia, Wisconsin, Wyoming.
For applicants within Washington State, the following hiring range will be applied: $76,636.56 to $ $114,+43.+2 annually.
💡 Quick Summary
Seeking a career-building opportunity? The Sr| Underwriter position is now open for candidates interested in the Marketing Executive Jobs sector. This role in Miami offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Marketing Executive Jobs is a plus.
