Stop Loss Underwriting Manager

Anticipated End Date:

Stop Loss Underwriting Manager

Stop Loss Underwriting Manager

This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The
Stop Loss Underwriting Manager
is responsible for overseeing stop loss underwriting.

• Responsible for the underwriting and pricing of stop loss coverage for new and existing members.
• Monitors and manages profitability of renewal and prospect employer groups in accordance with Corporate Guidelines.
• Supports health underwriting units on new business and renewals.
• Oversees issuance of standard financial arrangement contracts and creates wording for non-standard or new financial arrangements related to stop loss coverage.
• Works with actuaries to develop and implement pricing of stop loss prospects and renewals.
• Utilizes in-depth knowledge of formulas, trending, reserving procedures and claims to implement and consult with sales staff on the appropriateness of specific financial arrangements, ASO arrangements and reinsurance provisions.
• Develops and participates in training of Specialty and Health Sales staff.

Requires a BA/BS in mathematics or a related field;
Minimum 6 years of Large Group underwriting experience; or any combination of education and experience, which would provide an equivalent background.

• CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred.
• Stop Loss underwriting experience preferred
• Demonstrated expertise, knowledge, and proficiency in Medical Stop Loss Underwriting.

For candidates working in person or virtually in the below location(s), the salary
* range for this specific position is $106,392 to $166,842.

California;
Illinois;
Minnesota;
New Jersey;
New York

In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations.

No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Non-Management Exempt

UND >
Specialty Underwriting

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are…