Senior Underwriter - New Business
About ParetoHealth ParetoHealth is redefining the way employers fund healthcare. As the largest and fastest-growing benefits captive in the United States, we help thousands of small and midsize employers take control of healthcare costs through a smarter, more sustainable model. Our mission is simple: give small and midsize employers the scale and protection they need to eliminate volatility and lower healthcare costs. By combining data-driven insights, innovative risk management, and the collective purchasing power of our community, we enable employers to reduce volatility, improve long-term outcomes, and reinvest savings into their businesses and their people. Headquartered in Philadelphia, ParetoHealth is growing rapidly and transforming one of the country's largest industries. Our success is fueled by talented people who are united by our four core values: Fire in the Belly, For the Greater Good, See the Field, and Get It Done Right. These values shape how we innovate, collaborate, make decisions, and deliver exceptional results for our clients and one another. If you're energized by solving complex challenges, thrive in a high-growth environment, and want to help reshape the future of healthcare, we'd love to meet you. Please note that ParetoHealth does not provide employment visa sponsorship for this position. Candidates must be authorized to work in the United States without sponsorship both now or in the future.Position Summary Pareto Health is seeking a seasoned and detail-oriented Senior Underwriter to join our team. This role is pivotal in assessing and managing the risks associated with self-funded health plans, using stoploss insurance. The ideal candidate will bring expertise in analyzing complex health risks and crafting stoploss strategies that align with our commitment to providing innovative and cost-effective healthcare solutions to our clients. Key Responsibilities: Conduct thorough risk assessments of current Pareto Self-funded health plans and determine appropriate stoploss coverage levels and premiums. Analyze healthcare data, including claims and utilization patterns, to forecast potential risks, cost implications, and appropriate support Perform medical underwriting review of individual large claimants based upon self-funded reporting both with and without supporting nurse review resources Effectively execute in an environment of incomplete information Understand competitive market dynamics and react appropriately Partner with account management to ensure appropriate pricing rationale is understood and messaged externally, while considering consultant / customer dynamics Provide guidance and training to junior underwriters and other team members, enhancing the overall expertise of the department. Enhance your own skills around knowledge of medical treatments and projected costs in partnership with the clinical risk team Ensure adherence to industry standards and legal requirements in all underwriting decisions and prac...