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. 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. What You Bring to Cambia Underwriter I would have a Bachelor’s degree in business, math, statistics or a related discipline or an equivalent combination of education and experience. Underwriter II would have a Bachelor’s degree in business, math, statistics or a related discipline and a minimum of 2 years related experience or an equivalent combination of education and experience. Underwriter III would have a Bachelor’s degree in business, math, statistics or a 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 which have been 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%. About Cambia Working at Cambia means being part of a purpose-driven, award-winning culture built on trust and innovation anchored in our 100+ year history. Our caring and supportive colleagues are some of the best and brightest in the industry, innovating together toward sustainable, person-focused health care. Why Join the Cambia Team? Work alongside diverse teams building cutting-edge solutions to transform health care. Earn a competitive salary and enjoy generous benefits while doing work that changes lives. Grow your career with a company committed to helping you succeed. Give back to your community by participating in Cambia-supported outreach programs. Connect with colleagues who share similar interests and backgrounds through our employee resource groups. 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) contributions, with a potential discretionary contribution based on company performance (no vesting period). Up to 12 weeks of paid parental time off (eligibility requires 12 months of continuous service with Cambia immediately preceding leave). Award-winning wellness programs that reward you for participation. Employee Assistance Fund for those in need. Commute and parking benefits. We are an Equal Opportunity employer dedicated to a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A background check is required. If you need accommodation for any part of the application process because of a medical condition or disability, please email View email address on click.appcast.io. #J-18808-Ljbffr Cambia Health Solutions