Underwriter - Lead

Overview

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.

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.

• Underwriter I:
  Bachelor’s degree in business, math, statistics or related discipline or an equivalent combination of education and experience.
• Underwriter II:
  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.
• Underwriter III:
  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.

• 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.

• Underwriter II:
  Demonstrated success with managing competing priorities and workload.
• 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.

• 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.

• 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.

• 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, such as 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 (perform large claim analysis for ongoing claim…