Sr. Stop Loss Underwriter

The Senior Stop Loss Underwriter & Program Manager will operate within established guidelines to develop, analyze, review, evaluate, and monitor new and renewal submissions.

In this role, the Senior Underwriter & Program Manager will collaborate with leadership to foster additional stop-loss relationships. The individual will also be responsible for tracking key performance indicators (KPIs) and regularly reporting on the profitability and overall health of the portfolio.

Additionally, they will develop underwriting talent while partnering with key internal stakeholders across Claims and Operations.

Candidate Profile

The Stop Loss Senior Underwriter & Program Manager will be a "hands-on" technical expert with a proven track record of success within a top-tier commercial insurance carrier or managing general agent (MGA/MGU), specifically focusing on Employer Stop Loss (ESL) solutions for firms with 10 to 5,000 lives across diverse industry verticals.

Ideal candidates should possess strong underwriting technical skills, with experience working closely with Program Managers, MGAs, or Delegated Underwriting Authority partners to support and maintain an Employer Stop Loss.

Candidates must have a solid grasp of program lifecycle management, including initial vetting, onboarding, monitoring, optimization, and, if necessary, program exit. In addition, the role requires an executive presence with demonstrated success in communicating effectively, influencing stakeholders, and building valuable relationships that enhance HIT's business portfolio while contributing to long-term strategic initiatives.

Work Profile

This position is fully remote. Additionally, regular travel is necessary to engage in face-to-face meetings with brokers and clients and participate in industry and company events.

Responsibilities

• The underwriter will function as a relationship manager and serve in a business development role for existing and new opportunities.
• Handle referrals according to underwriting guidelines developed in carriers.
• Oversee the management of the assigned business as per established guidelines, including periodic program management meetings, required data flow (BDX), and audits.
• Support business development activities
• Support the management of relationships with MGUs and other production sources
• Liaison with Actuarial staff in periodic monitoring of assigned business.
• Works closely with MGUs to obtain additional required information in determining either our new business or renewal position.
• Works with Actuarial, Finance, Legal, Operations, Product Development and Senior Management for constant monitoring of the program
• Performs a portfolio review on an annual basis to determine renewal position for the book of business.
• Reporting: Updates and Maintains Monthly AGB UW Reports. Creates ad hoc reports as required.
• Achieve targeted loss ratio and combined ratios by maintaining underwriting discipline through the underwriting selection and renewal process
• Manages day-to-day tasks of portfolio.
• Handles special projects and assignments at the request of the leadership team.
  
  

Requirements

Education:

• Bachelor's degree in Business Management, Accounting, Mathematics, Finance, Risk Management, Insurance, or a related field preferred.
  
  

Experience

• 10 years of progressively advancing underwriting roles in the "stop loss" insurance sector,
• Thorough understanding of U.S. Medical Insurance, Employer Stop Loss risks, and related risk concepts.
• Market Segment Knowledge: Employer Stop Loss, Major Medical, and Supplemental Health.
• Product Knowledge: Employer Stop Loss, Major Medical, and Provider Excess (Life, Disability, Dental, Vision, and Limited Benefit Medical knowledge helpful but not required).
• Strong industry relationships and a solid grasp of policy forms, contract wording, and their impact on claims, actuarial, accounting, and finance in the underwriting process.
• Ability to analyze large data sets and use data to establish acceptable rating metrics.
  
  

Technical Skills

• Strong underwriting technical skills with knowledge of actuarial and pricing concepts.
• Previous knowledge and experience of working with AI rating tools.
• Proficiency in Microsoft Office 365 applications (Outlook, Word, Excel, PowerPoint) and experience with Power BI or other dashboard reporting systems.
• Strong project management skills and ability to manage multiple projects/programs simultaneously.
  
  

Soft Skills

• Excellent presentation, negotiation, and communication skills, with an ability to interact effectively with Senior Management and external partners.
• Strong attention to detail and accuracy.
• Team player with the ability to work in a fast-paced environment, demonstrating initiative and the ability to work independently.
• Entrepreneurial mindset with a focus on identifying client needs and developing flexible solutions.
• Highly collaborative and versatile, working well both independently and as part of a team.