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Premera Blue Cross

Director Underwriting

Premera Blue Cross

5d ago

0$158k - $316kManagementUnited Stateshimalayas
UnderwritingInsurance-UnderwritingHealth-InsuranceDirector-Of-UnderwritingInsurance-LeadershipDirector

Job Description

Workforce Classification:TelecommuterJoin Our Team: Do Meaningful Work and Improve People’s Lives Our purpose, to improve customers’ lives by making healthcare work better, is far from ordinary. And so are our employees. Working at Premera means you have the opportunity to drive real change by transforming healthcare.Premera is committed to being a workplace where people feel empowered to grow, innovate, and lead with purpose. By investing in our employees and fostering a culture of collaboration and continuous development, we’re able to better serve our customers. It’s this commitment that has earned us recognition as one of the best companies to work for. Learn more about our recent awards and recognitions as a greatest workplace.Learn how Premera supports our members, customers and the communities that we serve through our Healthsource blog: https://healthsource.premera.com/.As the Directorof Underwriting, you will lead a talented team dedicated to delivering high-quality work and strategic support through advanced underwriting techniques. This leader will think creatively to achieve financially sound and sustainable growth.This impactful leadership role will:Strategize with clients ranging from Fortune 10 to Fortune 500 companies that want to differentiate themselves in the marketplace via their benefits offerings and ensure that underwriting can support their benefits strategies sustainably.Strategically partnerwith actuaries and our pharmacy division that develops in-house formularies, pricing, and product design that strategically align with our mission to make healthcare work better and be more cost-effective.Provide underwriting oversight for the unique Alaska market where Premera has a close partnership with providers, hospitals, brokers, employer groups, unions, public entities, and native corporations. Oversee stop-loss renewals, working closely with self-insured groups in this complex market.What you will do:Underwriting and Pricing ActivitiesProvide Strategic Vision: Assist Underwriting senior management in sustaining long-term policies and procedures to formulate work unit strategies in support of organizational goals.Champion and Partner with Clients: Provide integral support to Sales and Account Management teams in client presentations, negotiations, and sales of renewals and proposals.Provide Systems-Based Solutions: Use your understanding of key business goals and strategies to make decisions that address critical business threats and opportunities.Data Systems and TechnologyInnovate and Lead: Develop and maintain state-of-the-art pricing data systems that empower underwriting and strategic management decisions with timely and accurate information.Design Excellence: Oversee the creation and maintenance of sophisticated underwriting models that set the standard for excellence.Leverage Technology: Stay ahead of the curve by leveraging technology to drive practical solutions.Leadership and CollaborationMentor and Inspire: Lead an engaged underwriting team, inspiring them to grow and develop at a company that cares.Build a Dream Team: Create and maintain a core competency in underwriting by recruiting, hiring, and training a high-quality, experienced, and energetic team of underwriters.Bring Your Collaborative Spirit: Foster open and collaborative relationships with other departments to drive success.What you will bring:Bachelor’s degree in Business Administration, Mathematics, or related field of study or 4 years of work experience.Eight years of group medical underwriting, or health insurance consulting experience, including 5 years of experience managing teams. (Required)Additional preferred skills/ experiences include:Master’s degree in a related field.CEBS Designation.Demonstrated track record in providing underwriting leadership in complex medium to large size businesses.Substantial and diverse knowledge of the health insurance industry and the group underwriting function within an insurance carrier setting.Excellent negotiation and influencing skills. Demonstrated ability to negotiate "win-win" solutions as it relates to business decisions.Preferred location is Western Washington, we are open to telecommuters in the PST and MST zones. Premera total rewardsOur comprehensive total rewards package provides support, resources, and opportunities to help employees thrive and grow. Our total rewards are more than a collection of perks, they're a reflection of our commitment to your health and well-being. We offer a broad array of rewards including physical, financial, emotional, and community benefits, including:Medical, vision, and dental coverage with low employee premiums.Voluntary benefit offerings, including pet insurance for paw parents.Life and disability insurance.Retirement programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.Wellness incentives with a wide range of mental well-being resources for you and your depen