Stop Loss Underwriter I - Summit Re

Description

• Receive specific case proposal requests and review for completeness, reject when necessary and gather missing information. Underwrite cases, within set authority limit, including setting rates, aggregate factors, and coverage terms / conditions according to negotiated MGU agreements with insurers / reinsurers.
• Design stop loss coverage and introduce services to best meet needs of client. Emphasize client relations in building up block of profitable business. Promote MGU services and benefits at every opportunity.
• Service existing book of business including, but not limited to, tracking TPA specific and aggregate loss ratio, tracking average renewal rate increases compared to average loss ratio, and determining TPAs’ level of involvement in developing their own managed care initiatives.
• Review amendments to plan documents to determine rate or coverage implications. Develop renewal terms for in-force cases which comply with company renewal standards and carrier / reinsurer guidelines and limits.
• Follow up on pending proposals and renewals to determine final outcome and reinforce interest in writing the business. Maintain open communication with management, marketing, sales, claims, and other appropriate areas.

Required Work Experience :

Required Education :

Required Skills and Abilities :

Required Software and Other Tools :

Preferred Degree Equivalency :

Preferred Work Experience :

Work Environment :

We participate in E-Verify and comply with the Pay Transparency Nondiscrimination Provision. We are an Equal Opportunity Employer.