Sr. Underwriting Analyst, Granular

Who We Are

Verily is a subsidiary of Alphabet that is using a data-driven approach to change the way people manage their health and the way healthcare is delivered. Launched from Google X in 2015, our purpose is to bring the promise of precision health to everyone, every day. We are focused on generating and activating data from a variety of sources, including clinical, social, behavioral and the real world, to arrive at the best solutions for a person based on a comprehensive view of the evidence. Our unique expertise and capabilities in technology, data science and healthcare enable the entire healthcare ecosystem to drive better health outcomes.

Description

Granular Insurance is a subsidiary of Verily. Granular’s mission is to empower self-funded employers to better manage their health risk with its innovative and data-driven Precision Risk platform of solutions. Granular’s Precision Risk delivers better health outcomes and meaningful, long-term financial predictability via more precise underwriting, risk segmentation, and actionable insights into cost drivers.

As a Senior Underwriter, you will leverage Granular's precision risk solution to provide self-funded employers with more predictable benefit plan protection. You are a builder, able to plan strategically for the benefit of the business and you thrive in a fast paced environment.

Responsibilities

• Evaluate client data for the determination of rates for Granular’s insurance products in a manner that is consistent with guidelines and sound actuarial principles.
• Direct involvement with designing and developing custom reporting that the client may require.
• Develop key underwriting processes and direct implementation of such processes within the company or within the context of affiliated organizations.
• Organize a cohesive underwriting response to complex cases displaying quantitative insight into recommended effects on pricing, and monitor congruence of underwriting performance with Company business plan and budgetary goals. 

Qualifications

Minimum Qualifications

• Undergraduate degree required with course emphasis in insurance management or mathematics, statistics or quantitative science.
• 5+ years experience as a health insurance underwriter either in primary health insurance or employer stop loss underwriting combined with a proven track record of underwriting innovation. 
• Deep understanding of insurance benefit pricing mechanisms and use of rating models for provisioning rates.
• Deep understanding of the commercial insurance landscape including but not limited the roles of sales, brokers, advisors, employers and regulators. 

Preferred Qualifications

• Previous experience leading program innovation as well as executing fundamental requirements.
• Understanding and key elements of client data reporting both in its creation and explanation to client and experience with manipulating large data sets for proper entry into designated rating model.
• Understanding of critical SLAs within the insurance industry for key functions and the effect these may have on rating.
• Providing rationale for pricing decisions to other company employees or directly to client, broker or client advisors.

The US base salary range for this full-time position is $100,000 - $120,000 + bonus + benefits. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.

Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus or benefits.

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Why Join Us

Build What’s Vital.

At Verily, you are a part of something bigger. We are a diverse team of builders innovating at the intersection of health and technology—united by a shared spirit of curiosity, resilience and determination to make better health possible for all. This builder mindset means your fingerprints will be on the work that shapes the future of health. 

Fulfilling our precision health purpose starts with the health of our Veeps, which is why we offer flexibility, resources, and competitive benefits to support you in your whole-person well being. 

Our culture reflects the behaviors that stem from living our values every day in how we Innovate Healthcare and