What are the responsibilities and job description for the Senior Stop Loss Underwriter position at BCS Financial Corporation?
Position Overview
The Senior Stop Loss Underwriter is responsible for evaluating and pricing new business opportunities, ensuring profitability and providing client-focused solutions. This role requires the ability to analyze large claims, assess risks, and prepare pricing packages that align with corporate production goals and underwriting guidelines. The position collaborates with sales teams, clinical teams, brokers, third-party administrators (TPAs), and internal stakeholders to deliver tailored solutions.
This position reports to the Assistant Vice President, Underwriting – Life and Health.
Essential Elements
- Evaluate, price, and strategize Stop-Loss new business opportunities, including specific and aggregate coverage.
- Assess proposal requests, census data, large claim data, and benefit specifications to prepare and price risks.
- Operate within established underwriting guidelines to meet profitability targets.
- Analyze large claim risks and provide client-centric solutions.
- Develop pricing packages, ensuring all required data is reviewed and documented accurately.
- Collaborate with sales and clinical teams to align underwriting strategies and communicate rating results.
- Maintain strategic relationships with brokers, TPAs, and internal and external partners.
Requirements
Education and Certifications
- Bachelor’s degree or equivalent experience required.
Experience
- Minimum of 5 years of stop loss underwriting experience required.
Skills
- Strong analytical skills with a focus on large claim data evaluation.
- Excellent verbal and written communication skills.
Competencies
BCS Core Competencies
Customer Focus, Informing, Learning on the Fly, Courage, Action Oriented, Drive for Results
What we offer:
- Hybrid and remote work environments
- HSA/PPO medical plans
- Dental
- Vision
- HSA/FSA
- Short-term and Long-term Disability
- Employee Assistance Program
- Life and Travel Insurance
- Company Discounts
- Home office and wellness reimbursement
- 401(k) w/ up to 6% company match
- Generous PTO
- 12 paid holidays
- Parental leave
- Generous employee referral program
- Professional development and development planning: tuition reimbursement, continuing education & assistance obtaining professional certifications
