Group Underwriting Manager manages and implements policies and procedures for group underwriting. Determines and monitors the process for group rate-setting. Being a Group Underwriting Manager provides decisions and recommendations on complex cases. Requires a bachelor's degree. Additionally, Group Underwriting Manager typically reports to a senior manager. The Group Underwriting Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Group Underwriting Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Job Description :
The Risk & Underwriting Senior Advisor Stop Loss is responsible for developing and executing individual stop loss rating strategies.
You will partner closely with Sales and Underwriting to drive profitable growth and position Cigna as the stop loss carrier of choice among clients and brokers for your aligned markets.
What you’ll do :
Responsible for stop loss execution, including growth and earnings objectives.
Apply expertise in benefit design, product knowledge, and large claim risk assessment to develop rates for new and existing business.
Engage Sales and Underwriting to manage risk across the book of business and to achieve rate execution and net growth results relative to financial goals for the portfolio.
Partner with Sales and Underwriting to develop strategic recommendations, support negotiations.
Drive individual stop loss strategy related to market competition, products, and pricing for existing business and new prospects.
Train and mentor new team members and business partners as needed.
Identify and influence underwriting best practices and provide input on product development and pricing.
Qualifications :
7 years of underwriting experience with large claims risk assessment experience preferred.
Analytical ability to assess financial risk and make effective decisions based on multiple information sources with an understanding of the financial implications is critical.
Effective interpersonal, written, and verbal communication skills developing highly respected, value-add business relationships through partnership and expertise is essential.
Consultative and strategic approach to work and interactions with key business partners.
Ability to work effectively in a dynamic, rapidly changing, team-based environment.
Ability to foster collaboration across teams with diverse backgrounds and perspectives.
Work with autonomy while producing desired results for the business.
Experience with Microsoft Excel.
Last updated : 2024-04-23