What are the responsibilities and job description for the Director of Healthcare Underwriting (Remote) position at The Difference Card?
Job Description
Company Mission
The Difference Card helps organizations build the most cost-effective health plan. Since 2001, The Difference Card has provided its clients with an average net savings of over 18%. The product utilizes proprietary medical reimbursement systems, risk transfer solutions and wellness strategies. In doing so, The Difference Card has delivered millions of dollars in savings to its clients while at the same time providing the highest level of employee benefits. For more information, visit www.differencecard.com.
Our values
Passion, Accountability, Innovation, and Respect
Role And Responsibilities
The Difference Card is seeking an experienced Director of Healthcare Underwriting to lead our underwriting department in evaluating and optimizing health plan solutions for employers and brokers. This role is crucial for managing risk while maintaining competitive pricing across the overall program liability. The ideal candidate will bring a strong background in first dollar healthcare underwriting, including expertise in manual and experience rating, and an ability to strategically balance risk and value for clients across multiple plan scenarios.
Underwriting Leadership: Develop and implement underwriting policies and guidelines specifically for Medical Expense Reimbursement Plans, ensuring alignment with The Difference Card’s goals and financial objectives. Team Development and Management: Lead, mentor, and manage a team of healthcare underwriters, promoting a high-performance culture focused on accuracy, efficiency, and adherence to underwriting standards.
Risk Assessment and Pricing for Healthcare Plans: Oversee the underwriting of Medical Expense Reimbursement Plans, including experience rating and assessing plan decrements through manual rating techniques.
Client and Broker Engagement: Collaborate with internal account service and sales teams to tailor healthcare solutions for brokers that meet client needs while aligning with The Difference Card’s risk management protocols.
Cross-Department Collaboration: Work closely with departments such as Sales, Product Development, and Finance to ensure a unified approach to client solutions, enhancing the profitability of underwriting practices.
Data-Driven Strategy: Utilize healthcare data analytics and market trends to guide underwriting decisions, forecast risks, and drive adjustments to pricing and risk models.
Process Optimization: Continuously assess and enhance underwriting processes to increase efficiency and accuracy, maintaining compliance with regulatory and industry standards.
Reporting and Analysis: Generate regular reports on underwriting outcomes, portfolio performance, and profitability metrics for senior leadership review.
Other relevant duties as assigned
Education And Licensure Requirements
Bachelor’s degree in Finance, Actuarial Science, Healthcare Management, Business Administration, or a related field, or equivalent experience. Advanced degree or relevant certifications (e.g., CPCU, ARM) preferred.
Skills And Experience
Minimum of 8 years in healthcare underwriting;
At least 2 year of broker/consulting experience;
at least 2 years in a leadership role.
Specialized Skills and Competencies:
Expertise in healthcare plan risk assessment, pricing, and manual rating of plan decrements.
Solid understanding of the nuances in fully insured first dollar healthcare underwriting.
Strong analytical skills with proven experience in managing risk and profitability in health insurance.
Effective leadership and team management skills.
Proficiency in underwriting and data analytics tools.
Excellent communication and relationship-building skills, with the ability to work closely with clients, brokers, and cross-functional teams.
Ability to thrive in a fast-paced environment, prioritize tasks, and meet deadlines.
Compensation
Job Type: Full-Time (exempt),
Travel Required: Occasional
EB Employee Solutions, LLC is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, genetic information, arrest record, or any other characteristic protected by applicable federal, state, or local laws. We are dedicated to this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities and general treatment during employment
Company Description
The Difference Card helps organizations build the most cost-effective health plan. Since 2001, The Difference Card has provided its clients with an average net savings of over 18%. The product utilizes proprietary medical reimbursement systems, risk transfer solutions and wellness strategies. In doing so, The Difference Card has delivered millions of dollars in savings to its clients while at the same time providing the highest level of employee benefits. With offices across the United States, The Difference Card provides a national presence combined with local expertise and service. Through strategic broker partnerships, The Difference Card delivers custom plan design solutions that exceeds the needs of both employers and employees across the country. For more information, visit www.differencecard.com.
The Difference Card helps organizations build the most cost-effective health plan. Since 2001, The Difference Card has provided its clients with an average net savings of over 18%. The product utilizes proprietary medical reimbursement systems, risk transfer solutions and wellness strategies. In doing so, The Difference Card has delivered millions of dollars in savings to its clients while at the same time providing the highest level of employee benefits. With offices across the United States, The Difference Card provides a national presence combined with local expertise and service. Through strategic broker partnerships, The Difference Card delivers custom plan design solutions that exceeds the needs of both employers and employees across the country. For more information, visit www.differencecard.com.
Company Mission
The Difference Card helps organizations build the most cost-effective health plan. Since 2001, The Difference Card has provided its clients with an average net savings of over 18%. The product utilizes proprietary medical reimbursement systems, risk transfer solutions and wellness strategies. In doing so, The Difference Card has delivered millions of dollars in savings to its clients while at the same time providing the highest level of employee benefits. For more information, visit www.differencecard.com.
Our values
Passion, Accountability, Innovation, and Respect
Role And Responsibilities
The Difference Card is seeking an experienced Director of Healthcare Underwriting to lead our underwriting department in evaluating and optimizing health plan solutions for employers and brokers. This role is crucial for managing risk while maintaining competitive pricing across the overall program liability. The ideal candidate will bring a strong background in first dollar healthcare underwriting, including expertise in manual and experience rating, and an ability to strategically balance risk and value for clients across multiple plan scenarios.
Underwriting Leadership: Develop and implement underwriting policies and guidelines specifically for Medical Expense Reimbursement Plans, ensuring alignment with The Difference Card’s goals and financial objectives. Team Development and Management: Lead, mentor, and manage a team of healthcare underwriters, promoting a high-performance culture focused on accuracy, efficiency, and adherence to underwriting standards.
Risk Assessment and Pricing for Healthcare Plans: Oversee the underwriting of Medical Expense Reimbursement Plans, including experience rating and assessing plan decrements through manual rating techniques.
Client and Broker Engagement: Collaborate with internal account service and sales teams to tailor healthcare solutions for brokers that meet client needs while aligning with The Difference Card’s risk management protocols.
Cross-Department Collaboration: Work closely with departments such as Sales, Product Development, and Finance to ensure a unified approach to client solutions, enhancing the profitability of underwriting practices.
Data-Driven Strategy: Utilize healthcare data analytics and market trends to guide underwriting decisions, forecast risks, and drive adjustments to pricing and risk models.
Process Optimization: Continuously assess and enhance underwriting processes to increase efficiency and accuracy, maintaining compliance with regulatory and industry standards.
Reporting and Analysis: Generate regular reports on underwriting outcomes, portfolio performance, and profitability metrics for senior leadership review.
Other relevant duties as assigned
Education And Licensure Requirements
Bachelor’s degree in Finance, Actuarial Science, Healthcare Management, Business Administration, or a related field, or equivalent experience. Advanced degree or relevant certifications (e.g., CPCU, ARM) preferred.
Skills And Experience
Minimum of 8 years in healthcare underwriting;
At least 2 year of broker/consulting experience;
at least 2 years in a leadership role.
Specialized Skills and Competencies:
Expertise in healthcare plan risk assessment, pricing, and manual rating of plan decrements.
Solid understanding of the nuances in fully insured first dollar healthcare underwriting.
Strong analytical skills with proven experience in managing risk and profitability in health insurance.
Effective leadership and team management skills.
Proficiency in underwriting and data analytics tools.
Excellent communication and relationship-building skills, with the ability to work closely with clients, brokers, and cross-functional teams.
Ability to thrive in a fast-paced environment, prioritize tasks, and meet deadlines.
Compensation
- Base Salary $130,000-$160,000
Job Type: Full-Time (exempt),
Travel Required: Occasional
EB Employee Solutions, LLC is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, genetic information, arrest record, or any other characteristic protected by applicable federal, state, or local laws. We are dedicated to this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities and general treatment during employment
Company Description
The Difference Card helps organizations build the most cost-effective health plan. Since 2001, The Difference Card has provided its clients with an average net savings of over 18%. The product utilizes proprietary medical reimbursement systems, risk transfer solutions and wellness strategies. In doing so, The Difference Card has delivered millions of dollars in savings to its clients while at the same time providing the highest level of employee benefits. With offices across the United States, The Difference Card provides a national presence combined with local expertise and service. Through strategic broker partnerships, The Difference Card delivers custom plan design solutions that exceeds the needs of both employers and employees across the country. For more information, visit www.differencecard.com.
The Difference Card helps organizations build the most cost-effective health plan. Since 2001, The Difference Card has provided its clients with an average net savings of over 18%. The product utilizes proprietary medical reimbursement systems, risk transfer solutions and wellness strategies. In doing so, The Difference Card has delivered millions of dollars in savings to its clients while at the same time providing the highest level of employee benefits. With offices across the United States, The Difference Card provides a national presence combined with local expertise and service. Through strategic broker partnerships, The Difference Card delivers custom plan design solutions that exceeds the needs of both employers and employees across the country. For more information, visit www.differencecard.com.
Salary : $130,000 - $160,000
