What are the responsibilities and job description for the Underwriting Consultant position at Medica?
The Underwriting Consultant plays a key role in managing financial analysis and underwriting for large group customers. In this position, you’ll apply underwriting risk and pricing guidelines to develop pricing decisions, assess risks, and project future costs for both new and existing accounts. You will collaborate with Medica Sales to provide pricing rationale and help craft renewal strategies that meet both customer objectives and Medica’s financial goals. The role requires a strategic thinker with strong business judgment and a keen understanding of healthcare underwriting in a competitive market.
A successful candidate will bring a strong analytical mindset, with the ability to translate complex data into clear, actionable insights. They will confidently communicate underwriting strategies to internal and external stakeholders and possess the ability to make sound, independent decisions. Also, demonstrate a collaborative approach to problem-solving, have a solid understanding of healthcare underwriting and pricing methodologies (particularly in the large group market), and be well-versed in competitive market trends.
Qualifications:
The full salary range for this position is $77,100 - $132,200. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to base compensation, this position may be eligible for incentive plan compensation in addition to base salary. Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.
The compensation and benefits information is provided as of the date of this posting. Medica’s compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.
We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.
A successful candidate will bring a strong analytical mindset, with the ability to translate complex data into clear, actionable insights. They will confidently communicate underwriting strategies to internal and external stakeholders and possess the ability to make sound, independent decisions. Also, demonstrate a collaborative approach to problem-solving, have a solid understanding of healthcare underwriting and pricing methodologies (particularly in the large group market), and be well-versed in competitive market trends.
Qualifications:
- Bachelor’s degree or equivalent combination of education and experience required
- 5 years of underwriting experience; strongly preferred within the healthcare industry
- Large group pricing experience preferred
- Proficient working with Microsoft Excel
- Excellent written and verbal communication skills
- Strong relationship building, communication, and organization skills
- Proven ability to work cross-functionally required
- Pricing and RFP experience
The full salary range for this position is $77,100 - $132,200. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to base compensation, this position may be eligible for incentive plan compensation in addition to base salary. Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.
The compensation and benefits information is provided as of the date of this posting. Medica’s compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.
We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.
Salary : $77,100 - $132,200
