What are the responsibilities and job description for the Director of Underwriting position at Careers?
Who We Are
NFP, an Aon Company, is a multi-year Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.
This is a hybrid position with in-office flexibility 2-3 days a week.
Job Summary: The Director of Medical Stop Loss Underwriting will be responsible for leading and managing the underwriting team, ensuring the effective assessment and management of medical stop loss risks. This role requires a deep understanding of medical stop loss underwriting, strong leadership skills, and the ability to develop and implement underwriting strategies that align with the company's goals.
Key Responsibilities:
- Lead and manage the underwriting team, providing guidance, training, and support to ensure high performance and professional development.
- Develop and implement underwriting strategies, policies, and procedures to ensure effective risk assessment and management.
- Oversee the underwriting process, including the evaluation of potential medical stop loss risks.
- Collaborate with other departments, such as sales, nurses, and claims to ensure a cohesive approach to risk management and customer service.
- Monitor industry trends and regulatory changes to ensure compliance and adapt underwriting practices accordingly.
- Build and maintain relationships with key stakeholders, including brokers, clients, and reinsurers.
- Provide regular reports and updates to senior management on underwriting performance, trends, and opportunities for improvement.
Qualifications:
- Minimum of 10 years of experience in medical stop loss underwriting.
- Bachelor's degree in business, finance, insurance, or a related field preferred but not required.
- Strong knowledge of medical stop loss insurance, underwriting principles, and risk assessment techniques.
- Excellent analytical, decision-making, and problem-solving skills.
- Strong leadership and team management abilities, with a track record of developing and mentoring staff.
- Effective communication and interpersonal skills, with the ability to build and maintain relationships with internal and external stakeholders.
- Proficiency in underwriting software and tools, as well as Microsoft Office Suite.
Preferred Qualifications:
- Experience with Connexure (formerly David Young) ESL is preferred but not required.
- Familiarity with captive solutions and reinsurance arrangements.
What We Offer
We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.
The base salary range for this position is $112,000 – $140,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
NFP and You... Better together!
NFP is an inclusive Equal Employment Opportunity employer.
Salary : $112,000 - $140,000
