How to Become a Health Underwriting Director
Step 1: Understand the job description and responsibilities of a Health Underwriting Director
What does a Health Underwriting Director do?
A Health Underwriting Director directs and oversees the health insurance underwriting program for individuals and/or groups for medical and/or dental insurance. Responsible for ensuring integrity of underwriting activities and processes. Being a Health Underwriting Director manages staff of underwriters at the organization. Provides assistance to underwriters on more complex applications. Additionally, Health Underwriting Director has a strong knowledge of the underwriting discipline. Requires a bachelor's degree. Typically reports to top management. The Health Underwriting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Health Underwriting Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.
Russell will be responsible for the strategic underwriting direction of the ACE Global Markets Accident & Health portfolio.
Russell will report directly to Matthew Shaw who was recently appointed Chief Underwriting Officer for ACE Global Markets.
ACE Europe provides a range of tailored Property and Casualty, Accident and Health and Personal Lines solutions for a diverse range of clients.
My health and life insurance client with offices in Westchester NY and greater Chicago is looking to add an individual health underwriter with a background in Medicare supplement insurance to their growing underwriting department.
The main focus of this AVP level role will be to implement new underwriting rules while creating operational strategies with Pricing, Sales, Product, etc.
Step 2: Learn best tips to become a Health Underwriting Director
Best tips for those who want to become a Health Underwriting Director
Here are some tips to become a Health Underwriting Director.
Earn an associate’s or bachelor’s degree (two to four years).
Gain industry experience to help prepare for certification and more advanced positions (one to five years).
Apply for certification and/or state-required license based on a health insurance underwriting concentration (one to two years).
Overweight, hypertension, and high cholesterol have a strong genetic component. Some people lucky in their genes would be able to avoid the penalty without lifting a finger, while others might fail to hit targets despite earnest efforts.
Many people, especially those with limited incomes, live in neighborhoods where it’s unsafe to exercise outdoors, can’t afford health clubs, don’t have time to work out because they’re holding several jobs or taking care of children, and may not have access to stores that sell healthful foods.
Step 3: View best colleges and universities for Health Underwriting Director
Best colleges and universities for Health Underwriting Director
- Butler University
- Carroll College
- Cooper Union
- High Point University
- Princeton University
- Providence College
Step 4: Think about whether is it worth to be a Health Underwriting Director
Is being a Health Underwriting Director Worth it?
Minimum 5+ years of experience in a Life and Health production environment with exposure to supplement health….
The main purpose of this position is to perform on site examinations and investigations of the business practices of life and health insurers, third party….
EMSI's Underwriting Department is seeking experienced underwriters with Individual Life, Health, or Disability underwriting experience.
Minimum 3 years HOME OFFICE Life underwriting experience having underwritten life within last 2 years.
Excellent underwriting capabilities can make possible not only sustained risk taking but also greater efficiency, organizational growth, a better customer experience—and even improved patient health.
Step 5: Prepare relevant skills for being a Health Underwriting Director
What skills do you need to be a Health Underwriting Director?
Due to the management level associted with this job, many skills are required to being successful and ensuring the success of your team. It is necessary to be able to excel with: Policy Analysis, Reinsurance, Underwriting, Risk Analysis, Contract Review, Denial Administration, Insurance Regulatory Guidelines, Loss Run Analysis. For management positions, some skills may come as a no brainer, for this role those would be: Insurance Software, Underwriting & Rating Software. As you can tell, it is no easy feat to be a manager, and the skills required reflect that.
Looking for an individual who is detail oriented with good math skills to work in the Commercial Insurance Underwriting….
2 years of Health, Life, or Disability Insurance underwriting experience including medical records review and summarization within the last 5 years.
As a Health Insurance Underwriter you are someone from a health insurance carrier or broker that has experience with underwriting small group health insurance.
The Underwriter works closely with other member of the Underwriting team to become proficient….
Electronic Health Records - What Are They and How Will They Affect Life and Disability Insurance Underwriting.
Step 6: View average salary for Health Underwriting Director
How much does a Health Underwriting Director make?
The average salary range for a Health Underwriting Director is from $141,759 to $170,715. The salary will change depending on your location, job level, experience, education, and skills.
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Average salary for Health Underwriting Director jobs
Step 7: Find relevant Health Underwriting Director jobs, and apply.
Looking for Health Underwriting Director jobs?
Here are some Health Underwriting Director jobs in the United States.