Underwriting consultant
Job Summary
This position is responsible for achieving profit, growth, service and expense objectives through the financial analysis and pricing of HCSCs RX business by quoting and rating proposals, projection renewal and the preparation of annual settlements and experience reporting.
Under minimal supervision, the Group Underwriting Consultant serves as an expert consultant on matters pertaining to underwriting, performance guarantees, and other financial considerations.
Provides underwriting services to determine pricing and monitors accounts to ensure they remain on a profitable basis. Maintains and applies knowledge of pricing strategies in the health insurance industry.
Required Job Qualifications :
Bachelor’s degree in mathematics or accounting
Minimum of 5 years underwriting experience
Advanced knowledge of mathematical applications used in underwriting, including ability to calculate figures such as discounts, proportions, and percentages, as well as application of basic concepts of business mathematics and algebra in underwriting problems
Knowledge of State and Federal legislation togroup health underwriting
Proficiency in MS Office applications
Preferred Job Qualifications :
Bachelors Degree in mathematics, accounting or similar field
Experience with major pharmacy benefit managers
Apply standard underwriting principles and procedures to evaluate risk for cases with the greatest complexity.
Work management skills in prioritizing and completing work to ensure deadlines are met.
Collaborate effectively across teams, in and outside of underwriting
Represent Underwriting as subject matter expert in assigned projects, client meetings, and corporate committees.
Please note that this role is a flex or hybrid position where you work 3 days in the office and 2 days from home.
We encourage people of all backgrounds and experiences to apply. Even if you don’t think you are a perfect fit, apply anyway - you might have qualifications we haven’t even thought of yet.
Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!
HCSC Employment Statement :
HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants.
We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace.
Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
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