Medical Stop Loss Underwriter Iii

Our partner is currently seeking a Medical Stop Loss Underwriter III for a remote position based in Chicago, IL. The Underwriter III will play a crucial role in analyzing current and historical claim data for prospective and renewal clients. We are looking for a goal-oriented and analytical individual with strong audit, risk management, and problem-solving skills. The Underwriter will collaborate with the sales and marketing team and maintain external relationships with broker and Stop Loss carrier partners.

Responsibilities:

• Develop specialized knowledge of group Medical Stop Loss reinsurance product offerings and group underwriting principles.
• Review and prepare new business prospects for marketing Stop Loss coverage.
• Price products and services while staying informed about all product offerings.
• Prepare various renewal reports for renewal Stop Loss marketing and proposal presentation.
• Negotiate terms of new business prospects and renewals, including rates, factors, and contract terms.
• Manage relationships with vendor partners, including Stop Loss vendors, UR/LCM vendors, and network vendors.
• Provide network analysis on new business prospects and renewals, collaborating with stop-loss partners.
• Collaborate with the Account Executive on sales and marketing calls.
• Perform other duties as assigned.

Requirements

• High level of proficiency with Microsoft Excel.
• Proficient computer skills, including the full Microsoft Office Suite; some Microsoft Access experience is a plus.
• Excellent verbal and written communication skills.
• Excellent organizational skills and attention to detail.
• Strong analytical and problem-solving skills.
• Ability to function well in a high-paced and at times stressful environment.
• Excellent time management skills with a proven ability to meet deadlines.
• Ability to work within a team and a collaborative environment.
• Ability to self-audit.

• Minimum of 3-5 years of experience in an analytical role (data analyst, financial analyst, business analyst, etc.).
• Medical Stop Loss Underwriting experience is a plus.
• Advanced Excel experience required.
• Associate or Bachelor's degree in Mathematics, Finance, Business Management Preferred.

• Ability to sit for long periods.
• Ability to communicate via telephone.

• Remote.