Medical Stop Loss Underwriter II

Our partner based in Chicago, IL is currently seeking a qualified candidate for the remote role of Medical Stop Loss Underwriter II. This position requires a goal-oriented and analytical team player who can effectively engage with both internal and external stakeholders. The Underwriter II will play a crucial role in creating and reviewing reports, recommending cost-effective health plan offerings, and managing relationships with various vendor partners.

Responsibilities:

• Develop an understanding of group medical stop loss product offerings and fundamental underwriting principles.
• Review and prepare Minimum Essential Coverage (MEC) only and Tier 1 Renewals for marketing stop loss coverage.
• Price products and services appropriately.
• Prepare renewal reports for stop loss marketing and proposal presentations.
• Negotiate terms with stop loss carriers under the oversight of the Underwriter.
• 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.
• Assist Underwriter level and above with custom ad hoc analysis requests.
• Perform other duties as assigned.

Requirements

• High proficiency in Microsoft Excel.
• Proficient computer skills, including the full Microsoft Office Suite.
• Some experience with Microsoft Access is a plus.
• Excellent verbal and written communication skills.
• Strong organizational skills and attention to detail.
• Analytical and problem-solving skills.
• Ability to work 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.

Education and Experience:

• Minimum of 2 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 is required.
• Associate or Bachelor's degree in Mathematics, Finance, or Business Management preferred.

Physical Demands:

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

Work Environment:

• Remote work opportunity.