Group Underwriter Senior (Stop Loss)

Group Underwriter Senior (Stop Loss)

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 Group Underwriter Senior is responsible for determining acceptability of insurance risks and appropriate premium rates for large, complex renewal and prospect employer groups in accordance with Corporate Underwriting Guidelines and Authority Limits.

Primary duties may include, but are not limited to:

• Calculates stop loss rates for complex group cases based on thorough analysis of the group's experience, industry, location, size, and demographic nature.
• Coordinates with other departments to ensure the accuracy and consistency of account reporting.
• Proposes rates and terms for group prospects, utilizing a combination of other carrier experience, demographic data and manual rates.
• Prepares or supervises the preparation of annual settlements, rate projections, or benefit change increments or decrement.
• Communicates with sales, administration and claims to assess the rating and administrative impact or benefit and plan changes.

Minimum Requirements: Requires a BA/BS in a related field; Minimum 4 years of related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences:

• CPCU, CLU, LOMA, HIAA or other insurance related courses preferred.
• Stop Loss underwriting experience preferred.
• Demonstrated 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 $78,624 to $134,784.

Locations: California, Colorado, District of Columbia (Washington, DC), Maryland, New York, Washington State

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.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender, marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.