Underwriter I - Lead

Underwriter I, II, III Hybrid role (3 days/week in office) at our Portland, Medford, Burlington, Vancouver, Renton, Boise, Lewiston or Salt Lake City offices. Candidates must reside within commutable distance of that location. Build a career with purpose. Join our Cause to create a person-focused and economically sustainable health care system. Who We Are Looking For Every day, Cambia's dedicated team of Underwriters is living our mission to make health care easier and lives better. As a member of the Underwriting team, our Underwriters evaluate each assigned group's risk and attach the appropriate rate all in service of creating an economically sustainable health care system. Do you have a passion for serving others and learning new things? Do you thrive as part of a collaborative, caring team? Then this role may be the perfect fit. What You Bring to Cambia Qualifications: The Underwriter I would have a Bachelor's degree in business, math, statistics or related discipline or an equivalent combination of education and experience. The Underwriter II would have a Bachelor's degree in business, math, statistics or related discipline and a minimum of 2 years related experience or an equivalent combination of education and experience. The Underwriter III would have a Bachelor's degree in business, math, statistics or related discipline and a minimum of 4 years related experience or an equivalent combination of education and experience. Skills and Attributes: Demonstrated analytical and problem solving skills. Business sense including finance, accounting, economics, and risk management principles. Effective verbal and written communications. Ability to build and maintain positive internal and external customer interactions. Ability to prioritize tasks and meet deadlines. Demonstrated technology proficiency, including Excel, Word, and applicable software applications. Experience with AI tools and technologies to enhance productivity and decision‑making in professional settings highly desired. Additional Requirements for Underwriter II Demonstrated success with managing competing priorities and workload. Additional Requirements for Underwriter III Demonstrated proficiency working with complex computer software systems and automation. Ability to effectively explain complex mathematical and abstract concepts to a variety of stakeholders, including those with less familiarity and/or understanding. What You Will Do at Cambia Approve renewal changes after verifying rates and product selection. Audit both new and renewing groups as necessary. Determine rates for alternative benefit variations. Ensure that group participation requirements are met. Prepare rate filings. Follow underwriting guidelines, policies, procedures and formulas in developing rates for new and renewal groups. Gather the appropriate data used to determine the status of account refunds. Maintain spreadsheet information on group renewal history. Prepare memos and other correspondence to communicate changes in rates or benefits approved by underwriting management. Process the appropriate paperwork associated with renewal rate action and proposal closing. Support internal sales staff regarding underwriting questions and/or resolve issues. Effectively communicate underwriting decisions to other departments when necessary. Additional Responsibilities for Underwriter II May determine rates for alternative benefit variations and funding arrangements. Assist in the training process and mentoring of more junior level Underwriters. Prepare contingent premium settlements. Prepare the rate quotations and complete bid specifications. Process group financial settlement calculations. Review and determine whether or not to grant exception requests. Support management reporting efforts and the development of automated rating and analysis tools. Additional Responsibilities for Underwriter III May determine rates for alternative benefit variations and more complex funding arrangements. Actively involved in the preparation and maintenance of underwriting guidelines and rating policy. Actively involved with testing new rating, underwriting and front end systems. Answer questions regarding the basic factors used in developing rates, (group size, type of benefits, age/gender composition, large claims, experience provided from the prior carrier, current rates). Answer questions regarding the rate model and how it impacts rates in accordance with particular group demographic changes. Assess health risk in a group environment (performs large claim analysis for ongoing claim cost). Develop prospective and renewal rates for group accounts in accordance with corporate and underwriting guidelines. Review and determine whether or not to grant exceptions to underwriting policy. Ensure the proper administration of underwriting and legislative guidelines for new and renewing groups. Handle large volume production with account specific issues (i.e. reinstatements, eligibility standards, group identification criteria, etc). Maintain a working knowledge of State and Federal regulations affecting group rating. Prepare rate breakouts and hierarchy definitions for group setups. Review and direct the preparation of experience reports for fiscal, ERISA and contingent premium settlements. May meet with external customers, brokers or account representatives to review underwriting calculations and provide explanations for rating principles. May prepare written summaries of recommendations and/or conditions of coverage for the group after completion of each analysis. May prepare an explanation of the past rating history, documenting benefit and enrollment changes, and providing a recommendation for benefit and financial options. Oregon, Washington, Utah, and Idaho: The expected hourly hiring range for an Underwriter I is $25.92 - $37.26, the current full hourly range for this role is $24.40 - $42.20 and the bonus target is 5%. Oregon, Washington, Utah, and Idaho: The expected hiring range for an Underwriter II is $69,700 - $94,300, the current full salary range for this role is $65,000.00 - $107,000.00 and the bonus target is 5%. Oregon, Washington, Utah, and Idaho: The expected hiring range for an Underwriter III is $84,150.00 - $113,850.00, the current full salary range for this role is $79,000 - $129,000.00 and the bonus target for this position is 10%. Benefits Medical, dental and vision coverage for employees and their eligible family members, including mental health benefits. Annual employer contribution to a health savings account. Generous paid time off varying by role and tenure in addition to 10 company-paid holidays. Market-leading retirement plan including a company match on employee 401(k). #J-18808-Ljbffr Cambia Health Solutions