Senior Stop Loss Underwriter

Summary
Underwrite a profitable book of business in the employer stop loss marketplace through Managed Care Organizations, Third Party Administrators (TPAs), Brokers, Hospitals, and BlueCross BlueShield organizations and service all business to targeted profitability and service objectives. Utilizing effective risk selection techniques and maintaining financial discipline, secure optimum rates and terms for each policy while maintaining an appropriate loss ratio.
Description

Why should you join the BlueCross BlueShield of South Carolina family of companies? Other companies come and go, but we've been part of the national landscape for more than seven decades, with our roots firmly embedded in the South Carolina community. We are the largest insurance company in South Carolina ... and much more. We are one of the nation's leading administrators of government contracts. We operate one of the most sophisticated data processing centers in the Southeast. We also have a diverse family of subsidiary companies, allowing us to build on various business strengths. We deliver outstanding service to our customers. If you are dedicated to the same philosophy, consider joining our team!

Position Purpose:

Underwrite a profitable book of business in the employer stop loss marketplace through Managed Care Organizations, Third Party Administrators (TPAs), Brokers, Hospitals, and BlueCross BlueShield organizations and service all business to targeted profitability and service objectives. Utilizing effective risk selection techniques and maintaining financial discipline, secure optimum rates and terms for each policy while maintaining an appropriate loss ratio.

Logistics:

Stop Loss | International Specialty Underwriters, Inc. - one of BlueCross BlueShield of South Carolina's subsidiary companies.


Location:

This is a full-time remote position. The typical work hours are Monday - Friday from 8:30am - 5pm EST.

Sponsorship :


This position is not eligible for sponsorship now or in the future.


What You'll Do:

• Receive specific case proposal requests and review for completeness, reject when necessary and gather missing information. Underwrite cases including setting rates, aggregate factors, and coverage terms/conditions according to negotiated MGU agreements with insurers/reinsurers.
• Design stop loss coverage and introduce services to best meet needs of client. Emphasize client relations in building up block of profitable business. Promote MGU services and benefits at every opportunity.
• Service existing book of business including, but not limited to, tracking TPA specific and aggregate loss ratio, tracking average renewal rate increases compared to average loss ratio, and determining TPAs' level of involvement in developing their own managed care initiatives.
• Review amendments to plan documents to determine rate or coverage implications. Develop renewal terms for in-force cases which comply with company renewal standards and carrier/reinsurer guidelines and limits.
• Follow up on pending proposals and renewals to determine final outcome and reinforce interest in writing the business. Maintain open communication with management, marketing, sales, claims, and other appropriate areas.
• Assist management in the establishment and implementation of all underwriting procedures.
• May be responsible for coordinating proposal activity.

To Qualify For This Position, You'll Need The Following:

• Required Education: Bachelor's
• Required Work Experience: 8 Years underwriting/marketing experience with managed care organizations, carriers, and managing underwriters, primarily in the employer stop loss market.
• Degree Equivalency: 4 years job related work experience or Associate's and 2 years job related work experience.

Our Comprehensive Benefits Package Includes The Following:


We offer our employees great benefits and rewards. You will be eligible to participate in our benefits program the first of the month following 28 days of employment.

• Subsidized health plans, dental and vision coverage
  
  

• 401k retirement savings plan with company match
  
  

• Life Insurance
  
  

• Paid Time Off (PTO)
  
  

• On-site cafeterias and fitness centers in major locations
  
  

• Education Assistance
  
  

• Service Recognition
  
  

• National discounts to movies, theaters, zoos, theme parks and more
  
  

What We Can Do for You:

We understand the value of a diverse and inclusive workplace and strive to be an employer where employees across all spectrums have the opportunity to develop their skills, advance their careers and contribute their unique abilities to the growth of our company.


What To Expect Next:

After submitting your application, our recruiting team members will review your resume to ensure you meet the qualifications. This may include a brief telephone interview or email communication with our recruiter to verify resume specifics and salary requirements.


Pay Range Information:

Range Minimum: $82,832.00

Range Midpoint: $123,012.00

Range Maximun: $163,192.00

Equal Employment Opportunity Statement

BlueCross BlueShield of South Carolina and our subsidiary companies maintain a continuing policy of nondiscrimination in employment to promote employment opportunities for persons regardless of age, race, color, national origin, sex, religion, veteran status, disability, weight, sexual orientation, gender identity, genetic information or any other legally protected status. Additionally, as a federal contractor, the company maintains affirmative action programs to promote employment opportunities for individuals with disabilities and protected veterans. It is our policy to provide equal opportunities in all phases of the employment process and to comply with applicable federal, state and local laws and regulations.

We are committed to working with and providing reasonable accommodations to individuals with disabilities, pregnant individuals, individuals with pregnancy-related conditions, and individuals needing accommodations for sincerely held religious beliefs, provided that those accommodations do not impose an undue hardship on the Company.

If you need special assistance or an accommodation while seeking employment, please email View email address on click.appcast.io or call View phone number on click.appcast.io with the nature of your request. We will make a determination regarding your request for reasonable accommodation on a case-by-case basis.

We participate in E-Verify and comply with the Pay Transparency Nondiscrimination Provision. We are an Equal Opportunity Employer. Here's more information.

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