Sr. Underwriter

Job Title: Sr. Underwriter

Location: Remote, Candidates can be from any State but would prefer candidates from approved conversion States.(Must be in any one of the following states: Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, Ohio, Oklahoma, Pennsylvania, South Carolina,North Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Wisconsin, and Wyoming.)

Hours: M-F, 8 a.m. to 5 p.m. in EST.

Duration: 6 months

This role is supporting Large Group Underwriting and candidates need to have Large Group Underwriting or Level Funded Rating Experience.

Property and Casualty experience is not acceptable as the only experience, if they have P&C experience, they also need Large Group Underwriting or Level Funded Experience.

MS Office skills are required and experience working with Optum StepWise is nice to have.

Training will be virtual/web-based

Job Description

• Manage Books of Business with up to 150,000 members and representing up to $400,000,000 in premium or premium equivalent.
• Apply data analytics across book of business to identify trends or patterns and take corrective action as required.
• Has the authority to make limited exceptions to standard underwriting policy and make underwriting recommendations to underwriters and associate underwriters
• Manage and report monthly and YTD on all assigned financial and performance metrics as well as develop and produce ad hoc reports.
• Act as Subject Matter Expert (SME) for the Department regarding their Business Segment and Corporate Projects.
• Analyze underwriting risk and determine premium rates for fully insured contracts and recommends funding rates for Administrative Services Only (ASO) contracts.
• Proactively utilize strong technical expertise to make recommendations regarding benefit plan design, stop loss levels, network feasibility and funding options to internal and external customers.
• Actively participate in final rate negotiations and presentations with our large clients.
• Recommend underwriting process and system changes resulting in enhanced productivity.
• Participate in the Underwriting Department’s strategic and tactical planning.
• Coach less experienced underwriters on matters related to risk selection and mitigation, data analytics and integrated goal management.
• Assist with the development and provision of training to the underwriting staff, sales staff, and other departments in the principles and practices of underwriting and rating.
  
  

Hiring Requirements

• Bachelor's degree or advanced degree (where required)
• 5+ years of experience in related field.
• In lieu of degree, 7+ years of experience in related field.
  
  

About Us: Established in 2004, SPECTRAFORCE® is one of the largest and fastest-growing diversity-owned staffing firms in the US. The growth of our company is a direct result of our global client service delivery model that is powered by our state-of-the-art A.I. proprietary talent acquisition platform, robust ISO 9001:2015/ISO 27001 certified processes, and strong and passionate client engaged teams. We have built our business by providing talent and project-based solutions, including Contingent, Permanent, and Statement of Work (SOW) services to over 140 clients in the US, Canada, Puerto Rico, Costa Rica, and India. Key industries that we service include Technology, Financial Services, Life Sciences, Healthcare, Telecom, Retail, Utilities and Transportation. SPECTRAFORCE is built on a concept of “human connection,” defined by our branding attitude of NEWJOBPHORIA®, which is the excitement of bringing joy and freedom to the work lifestyle so our people and clients can reach their highest potential. Learn more at: http://www.spectraforce.com

Benefits: SPECTRAFORCE offers ACA compliant health benefits as well as dental, vision, accident, critical illness, voluntary life, and hospital indemnity insurances to eligible employees. Additional benefits offered to eligible employees include commuter benefits, 401K plan with matching, and a referral bonus program. SPECTRAFORCE provides unpaid leave as well as paid sick leave when required by law.

Equal Opportunity Employer: SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at LOA@spectraforce.com if you require reasonable accommodation.