This position will underwrite HMO Reinsurance and Provider Excess of Loss reinsurance business.
o The Underwriter will evaluate risks and underwrite using various forms of forecasting and rating techniques.
o The Underwriter will analyze and interpolate large amounts of medical claim data
o Underwriter will work closely with internal sales staff and external brokers
o Underwriter will work closely with internal departments such as Claims, Sales and Medical Management to resolve account specific issues
o Underwriter -- has responsibility for revenue growth and oversight of profitability for his/her underwritten reinsurance book of business
o Major duties include rating, underwriting and monitoring performance of reinsurance accounts within underwriting guidelines.
o In addition, the Underwriter is expected to actively participate in Departmental and Company wide projects and assume a support role to the Senior Underwriter
o Underwriter is expected to actively interact with external producers.
o Education level and/or relevant years of experience(s) in lieu of education:
o A Bachelors degree in or equivalent training in Business Administration or Mathematics
o Three (3) to five (5) years of experience Underwriting of group insurance products
o Three (3) to five (5) years of HMO reinsurance, Provider Excess Loss reinsurance, and Medical Excess reinsurance.
o Strong analytic skills
o Excellent written and verbal communication skills
o Ability to properly evaluate and select risk
o Problem solving skills
o Technical proficiency in rating and underwriting of reinsurance accounts
o Strong Negotiation and organizational skills
o Highly proficient in Microsoft Excel and/or Access
Highmark Inc. - 14 months ago
Highmark has staked its claim as the largest health insurer in the Keystone state. A licensee of the Blue Cross and Blue Shield Association,...