What are the responsibilities and job description for the Vice President Medical Stop Loss Underwriting Operations position at Insurance Recruiting Solutions?
ABOUT THE ROLE
We are seeking a Medical Stop Loss Underwriting Operations Leader to oversee and manage the policy issuance, premium & enrollment administration and operations for a portfolio of Medical Stop Loss Insurance.
This leader will ensure the efficient, accurate, and timely issuance of new and renewal policies, maintaining operational efficiency, and lead a team of account managers and premium & enrollment professionals. The VP of Underwriting Operations will work closely with senior leadership, underwriting, and other departments to maintain compliance with both internal guidelines and regulatory requirements. This role requires expertise in medical stop loss operations and underwriting.
DUTIES & RESPONSIBILITIES
Lead and manage the underwriting operations, including policy issuance, applying premium, and identifying enrollment variance.
Lead and mentor a team of account managers and premium & enrollment analysts.
Identify opportunities for process improvement within underwriting operations, with a focus on reducing cycle times, enhancing accuracy, and improving customer experience.
Ensure all underwriting activities comply with applicable laws, regulations, guidelines and industry standards, including state and federal requirements for medical stop loss insurance.
QUALIFICATIONS & EXPERIENCE
Bachelor's degree in business, insurance, finance, or a related field.
8 years of underwriting experience in medical stop loss insurance, with at least 3 years in leadership.
Proven experience in underwriting operations management and team leadership in the insurance industry.
Extensive knowledge of medical stop loss insurance products, underwriting guidelines, policy issuance, and premium administration processes.
Deep understanding of Medical Stop Loss insurance.
Analytical mindset with advanced problem-solving abilities.
