Underwriting Program Manager – East Hartford CT – Insurance
Our team is working with a growing Insurance company based in Hartford CT with a focus on stop loss insurance looking to hire an Underwriting Program Manager to their growing team. The Underwriting Program Manager will be responsible for managing the pricing for a specific program’s block of stop loss business, and ensuring all Underwriters working on that program are contributing positively to the top and bottom line results. They will partner with their assigned program management team and sales team to help significantly grow the top line while ensuring we meet our target loss ratio, and meet target persistency.
This role is a full time hybrid (2 days in 3 at home) position that will offer between 140-160K for compensation & excellent benefits. If you are interested in this opportunity, please reach out to Vincenzo Kulturides directly at [email protected].
Responsibilities:
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Assess the information provided to develop sound Specific and Aggregate Stop Loss pricing recommendations for both prospective and enforce Employer Stop Loss accounts within the set Underwriting Guidelines.
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Ability to screen large claims data prior to sending for nurse review.
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Develop strategic relationships with sales and underwriters, brokers, third-party administrators (TPAs) and other external and internal partners.
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Consult clients on plan designs and stop loss coverage.
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Actively participate in the sales process by working with the sales team to formulate successful strategy.
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Makes independent decisions within underwriting letter of authority and maintains proper file documentation.
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Assesses submissions and scenarios that exceed or fall outside underwriting authority or established guidelines, developing clearly articulated exception recommendations for executive-level review.
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Provides detailed justification, risk analysis, and strategic context to support leadership decisions
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Approves or Declines, and provides alternate suggestions to the other Underwriters working on the team.
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Manages assigned workload to meet productivity and timely service.
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Manages the workload and makes sure work is evenly distributed to all Underwriters work on that specific program.
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Ability to identify drivers of medical expenses in new and renewal cases.
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Provide feedback to Senior Management to develop Underwriting policies and procedures as necessary
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Coaches and mentors underwriting staff to strengthen technical skills, risk assessment capabilities, and strategic decision-making.
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Develops team members through structured feedback and training to achieve consistently high performance and service excellence
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Coordinates with Administration to provide documentation in compliance with Underwriting policies and procedures for Audit.
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Maintain a profitable block according to department goals.
Qualifications:
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Knowledge and understanding of healthcare payers, health plan administration, and medical service providers.
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Advanced Knowledge of Medical Underwriting practices and principles.
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Possesses strong communication and problem solving skills.
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Advanced risk management and math skills.
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Strong interpersonal skills necessary to interact with sales, brokers, producers and clients.
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Bachelor’s Degree from an accredited institution or equivalent work experience. Minimum of 10 years of experience in medical stop loss underwriting.
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3 or more years of previous experience managing teams is strongly preferred
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