Stop Loss Underwriter Lead

Job Title: Stop Loss Underwriter Lead Location: Newark NJ Duration: 3 Months This position will be the overall business owner for client’s Stop Loss business. This will include Profit & Loss responsibility, business strategy, relationships, contracts, and results of any business partners, operational aspects, pricing and underwriting, relationship with actuarial support, and partnership with Sales/Account Management regarding marketing and sales strategy and results. This position will work cross functionally within client and with outside vendors and consultants to provide direction, ensure results, and build client’s capability as a stop loss insurer. Responsibilities: Act as business owner, P&L owner, and thought leader in strategically and tactically designing and implementing client’s stop loss products, business strategy, business partnerships, operational approach, sales & marketing approach and results, pricing and policies. Build consensus with leadership of Sales/Account Management, Actuarial, Underwriting, and Enrollment & Billing. Own relationships, contracts, and results of business partners. Provide insight into the stop loss market from a competitive standpoint including but not limited to products offered and marketing. Recommend initial approach and ongoing changes to stop loss position. Include recommendations related to partners and tools (e.g., administrative and pricing). Determine financial impact of recommended approaches to revenue generation efforts and P&L. Maintain, update, enforce and test client’s underwriting, actuarial, pricing, and marketing policies and procedures related to stop loss. Train enterprise staff as necessary on stop loss and ongoing changes in policies and procedures. Ensure regulatory compliance of stop loss products, contracts, and pricing. Champion the needs of the Stop Loss business within the Enterprise, securing enterprise resource support and funding as necessary. Medical stop-loss underwriting specifically needed. Other industry underwriting or stop-loss underwriting would not be applicable experience. Education: Four year college degree required. Concentration in Finance or other business/analytical area a plus. Prefer MBA. Additional licensing, certifications, registrations : None required. Prefer FSA/ASA. Requires a minimum of 8 years stop loss industry experience. Experience negotiating with external vendors required. Experience leading for change is required. Actuarial or underwriting expertise in stop loss required. Consulting experience desired. Competencies: Requires creative thinking, strong leadership, communication, analytical and financial technical skills. Must understand complex financial concepts. Requires excellent interpersonal skills, the ability to interact cross functionally, build relationships, and drive change. If you are not interested in looking at new opportunities at this time I fully understand. I would in that case be appreciative of any referrals you could provide from your network of friends and colleagues in the industry. we do have referral bonus of $500 per candidate, if you refer any of your friends or colleague who are looking out for the same job. Kind Regards Dipti Ghodke Senior Technical Recruiter Integrated Resources , Inc. IT Life Sciences Allied Healthcare CRO Certified MBE | GSA - Schedule 66 I GSA - Schedule 621I DIRECT # - 732 – 844 -8719 (W) # 732-549-2030 – Ext - 315 LinkedIn: Gold Seal JCAHO Certified ™ for Health Care Staffing “INC 5 0 0 0 ’s FASTEST GROWING, PRIVATELY HELD COMPANIES” (8th Year in a Row) Integrated Resources, Inc is a premier staffing firm recognized as one of the tri-states most well-respected professional specialty firms. IRI has built its reputation on excellent service and integrity since its inception in 1996. Our mission centers on delivering only the best quality talent, the first time and every time. We provide quality resources in four specialty areas: Information Technology (IT), Clinical Research, Rehabilitation Therapy and Nursing.