AddressCrum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.
Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2023 Great Place to Work® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.
C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com.
Job Description:Senior Underwriter
Division: Accident & Health (A&H)
Since 2000, Crum & Forster’s Accident & Health division (A&H) has offered a diverse portfolio of specialty insurance and reinsurance products nationwide. We place a strong focus on product development and creative distribution methods, along with excellent client service and support.
In addition to our robust domestic portfolio, which spans both special risk and medical solutions, A&H works on an international basis through various partnerships. Our global capabilities provide our partners with even broader flexibility in underwriting solutions.
The Medical Business Unit (MBU) takes a full-spectrum approach to designing and servicing a robust slate of products that are tailored to needs in Employer Stop Loss, Excess Medical, Life, and Ancillary and Supplemental benefits. Our diversified business model includes program partnerships as well as direct sales in Employer Stop Loss. At year-end 2023, the MBU recorded $741M in gross premium written.
Information about the Role, Line of Business and Team:
What you will do:
- Develop sound Specific and Aggregate Stop Loss pricing recommendations for both prospective and inforce Employer Stop Loss accounts according to Underwriting Guidelines
- Make independent decisions within designated authority level and maintain proper file documentation
- Manage assigned workload to meet productivity requirements and sales goals
- Complete facultative approvals for less tenured underwriters and mentor when necessary
- Consult with the sales team to formulate a successful sales strategy
- Send large claims reporting for nurse review
- Develop strategic relationships with sales, brokers, third-party administrators (TPAs), and other external and internal partners
- Assist in developing annual business goals for assigned agents/producers; responsible for analyzing results and maintaining accountability of agency partners within the department
- Provide feedback to Senior Management to develop Underwriting policies and procedures as necessary
What YOU will bring to C&F:
- Advanced knowledge of Medical Underwriting practices and principles
- Strong communication and analytical skills to pursue new business and manage a significant renewal book
- Highly developed knowledge and understanding of healthcare payers, health plan administration, and medical service providers
Requirements:
- Minimum of 5 years of experience in medical Stop Loss underwriting and products
- Bachelor’s Degree from an Accredited institution (preferred)
- Willingness to travel multiple times per year to develop relationships
Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $61,500 to a maximum of $140,700. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.
- Flexible work arrangements.
- Competitive compensation package.
- Generous 401K employer match.
- Employee Stock Purchase plan with employer matching.
- Generous Paid Time Off.
- Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing
- A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.
- A dynamic, ambitious, fun and exciting work environment.
- A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.
