What are the responsibilities and job description for the Manager Underwriting - AICK position at Blue Cross and Blue Shield of Kansas?
The Manager Underwriting is directly responsible for the acquisition and maintenance of profitable group/individual insurance policies through sound underwriting practices. The position is accountable for agent pre-screening and licensing activities for Advance Insurance Company of Kansas (AICK). The position develops and maintains strong partnerships with brokers, Blue Cross and Blue Shield of Kansas (BCBSKS) marketing personnel and reinsurers. The Manager, Underwriting works closely with consulting actuaries and reinsurers on new product development and large cases.
Compensation
What you’ll do
Knowledge/Skills/Abilities
Benefits & Perks
Are you ready to make a difference? Choose to work for one of the most trusted companies in Kansas.
Why Join Us?
- Make a Positive Impact: Your work will directly contribute to the health and well-being of Kansans.
- Lead and Inspire: Guide and mentor your team to achieve their full potential and success.
- Dynamic Work Environment: Collaborate with a team of passionate and driven individuals.
- Trust: Work for one of the most trusted companies in Kansas
- Stability: 80 years of commitment, compassion and community
- Balance: paid vacation and sick leave with paid maternity and paternity available immediately upon hire
Compensation
$96,800 - $115,000 annually
Exempt 17
Exempt 17
- Blue Cross and Blue Shield of Kansas offers excellent competitive compensation with the goal of retaining and growing talented team members. The compensation range for this role is a good faith estimate, it is estimated based on what a successful candidate might be paid. All offers presented to candidates are carefully reviewed to ensure fair, equitable pay by offering competitive wages that align with the individual's skills, education, experience, and training. The range may vary above or below the stated amounts.
What you’ll do
- Accountable for performance monitoring, policy enforcement, termination process, disciplinary action, hiring, compliance and team development. Maintaining accurate records of all hiring, firing and disciplinary actions.
- Direct and manage rating/underwriting department, the preparation of all AICK proposals, renewals, individual risk selection and licensing activities, as well as development of major policies and procedures related to all underwriting and licensing activities.
- Examine and evaluate the workflow and processes within the underwriting department. Develop procedures that assure efficiency and insure adequate and consistent selection of risk.
- Coordinate the implementation and testing of enhancements related to the rating and underwriting systems.
- Negotiate terms for facultative reinsurance with appropriate reinsurer to ensure street premium rates can support reinsurance costs for large cases.
- Monitor products and practices underwritten throughout the marketplace and initiate the feasibility of new product development and procedures. Work directly with reinsurers and consulting actuaries to establish new products.
- Monitor all medical underwriting activities and procedures. Evaluate and negotiate underwriting authority agreements with various reinsurance companies.
- Continuously monitor and evaluate industry issues and underwriting trends.
- Responsible for renewing the BCBSKS employee group life/Accidental Death & Dismemberment (AD&D) benefit. Responsible for reporting reinsurance volumes for the BCBSKS employee group.
- Responsible for underwriting BCBSKS employee applications that are late enrollees or requesting amounts over a Guarantee Issue. Must maintain complete confidentiality of all applications received and underwriting decision made.
- Respond to audit inquiries from BCBSKS staff when Kansas Insurance Department (KID) is conducting our company audit and assist Reinsurance partners, as requested, for a reinsurance audit.
What you need
Education and Experience
- A bachelor’s degree in business administration and/or mathematics, or a related field.
- In lieu of degree, minimum of 6 years relevant work experience within direct or related field.
- Group underwriting experience preferred.
- Prior managerial experience is preferred.
Knowledge/Skills/Abilities
- Must have thorough knowledge of group and individual rating/underwriting practices and pricing, underwriting standards and procedures, and reinsurance.
- Must be able to develop underwriting manuals, tables, rating systems, etc.
- Must have a good understanding of group life & health insurance laws and regulations.
- Must be responsible for maintaining and renewing group premium more than a million, annually.
- Must be able to maintain the proper balance of new sales and underwriting profits.
- Has considerable responsibility for the acquisition and maintenance of group insurance policies.
- Has complete underwriting authority for any case involving less than $750,000 of annualized premium
- Must have strong analytical skills and be able to read, interpret and assimilate numerous details.
- Must be able to handle employer’s confidential, financial and employee information to evaluate their fringe benefit programs and provide proposals on a confidential basis.
- Must be able to work and negotiate with various reinsurers and consulting actuaries regarding new and existing business and product development.
- Must be able to communicate effectively both orally and in writing.
- Must be able to organize and prioritize work.
Benefits & Perks
- Base pay is only one component of your competitive Total Rewards package
- Incentive pay program (EPIP)
- Health/Vision/Dental insurance
- 6 weeks paid parental leave for new mothers and fathers
- Fertility/Adoption assistance
- 2 weeks paid caregiver leave
- 5% 401(k) plan matching
- Tuition reimbursement
- Health & fitness benefits, discounts and resources
Our Commitment to Diversity, Equity, Inclusion, and Belonging
At Blue Cross and Blue Shield of Kansas, we are committed to fostering a culture of diversity, equity, inclusion, and belonging (DEIB), where mutual respect is at the foundation of our workplace. We provide equal employment opportunities to all individuals, regardless of race, color, religion, belief, sex, pregnancy (including childbirth, lactation, and related medical conditions), national origin, age, physical or mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military or veteran status, family or parental status, or any other characteristic protected by applicable law.
We believe that embracing diversity and authentically promoting inclusion, equity, and belonging among our team members is crucial to our collective success. By intentionally recruiting, developing, and retaining a diverse pool of talent, we cultivate an environment where everyone feels valued, heard, and empowered to contribute. Accommodations are available for applicants with disabilities upon request, ensuring an inclusive and accessible hiring process for all.
Salary : $96,800 - $115,000
