Stop Loss Underwriter Director

Elevance Health
Dearborn, MI Full Time
POSTED ON 7/31/2024 CLOSED ON 8/30/2024

What are the responsibilities and job description for the Stop Loss Underwriter Director position at Elevance Health?

Location: Open to any open-access Pulse Point location.

Elevance Health operates in a Hybrid Workforce Strategy, providing various levels of flexibility while also ensuring that associates have opportunities to connect in-person. Unless in a designated virtual-eligible role and 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.

The Stop Loss Underwriter Director is responsible for overseeing stop loss underwriting activities across all business units to ensure overall growth and profitability.

How You Will Make An Impact

Primary duties may include, but are not limited to:

  • Underwrites and prices complex new business and renewals.
  • Supports stop loss underwriting units on complex new business and renewals.
  • Monitors and influences profitability of renewals and prospects in accordance with Corporate Guidelines.
  • Serves as a subject matter and process expert.
  • Continually improves underwriting and pricing procedures and implements revisions to existing policies.
  • Promotes and ensures underwriting and pricing consistency.
  • Works with actuaries to develop and implement pricing of stop loss prospects and renewals.
  • Develops and participates in training of Specialty and Health Sales staff.

Minimum Requirements

Requires a BS/BA in mathematics or a related field; Minimum 7 years of Large Group underwriting experience; or any combination of education and experience that would provide an equivalent background

Preferred Skills, Capabilities And Experiences

  • Stop loss experience highly preferred.

For candidates working in person or remotely in the below locations, the salary* range for this specific position is $113,600.00 to $204,480.00

Locations: California; Colorado; District of Columbia (Washington, DC), Nevada; 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 .

  • 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.

Salary : $113,600 - $204,480

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