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1 Senior Medical Stop Loss Underwriter- Alternative Risk Job in Evanston, IL

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Evolution Risk Partners, LLC
Evanston, IL | Full Time
$94k-129k (estimate)
1 Month Ago
Senior Medical Stop Loss Underwriter- Alternative Risk
$94k-129k (estimate)
Full Time 1 Month Ago
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Evolution Risk Partners, LLC is Hiring a Remote Senior Medical Stop Loss Underwriter- Alternative Risk

Job description

Evolution Risk Partners is looking to hire an experienced stop loss underwriter to work with their fast growing MGU. This is an opportunity to underwrite in a market space eager for solutions to take their Fully Insured or Level Funded clients Self Funded but have limited options in the traditional market. Interested candidates should be high energy, motivated, and organized with 5-10 years of experience in stop loss underwriting. 

Responsibilities will include:

· Handle day-to-day set-up and underwriting of new prospects as well as renewals

· Underwrite specific and aggregate stop loss for groups transitioning from Fully Insured or Level Funded to Level Funded or traditional Self Funded

· Analyze risk and make pricing recommendations on Stop Loss business within stated authority limits

· Analyze and underwrite with claim reports for Fully Insured transition prospects that may be of varying contract types, contain limited claims experience, or limited diagnosis information

· Utilize AI technology to underwrite groups with limited or no experience

· Work with the account manager to track and report on stop loss prospects

· Work with account manager and sales team on post sale process

· Develop and maintain favorable relationships with customers and consultants through superior customer service

· Retain and grow the client relationship and effectively position our products with an emphasis on expanding the assigned book of business

· Communicate and present information to audiences at all levels, both internally and externally

· Work with the account manager to request all renewal information and request needed information to quote on new business prospects

· Serve as project manager and participate on selected projects

Desired qualifications include:

· Previous experience working with the Kevin Ugan or David Young software system

· Previous experience underwriting stop loss for groups that are currently Fully Insured or Level Funded

· Previous experience underwriting Fully Insured, Level Funded, or Captive business is a plus

· Previous experience utilizing Artificial Intelligence technology to underwrite with limited or no data

· A four year (or greater) college degree in finance, business, mathematics, or related discipline.

· Familiarity with pricing RBP in addition to traditional networks

· 5-10 years of experience underwriting stop loss

· Excellent time management skills

· Excellent communications skills required – both written and oral

Job Summary

JOB TYPE

Full Time

SALARY

$94k-129k (estimate)

POST DATE

03/08/2024

EXPIRATION DATE

04/09/2024

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