Commercial Underwriter, Health Actuary

This is a fully remote position, open to applicants in Texas.

📋 Description

• Risk Evaluation: Assess and analyze health insurance applications to determine their associated risks, aiding in the establishment of premium rates that are both equitable and competitive.

• Claims Examination: Analyze and interpret claims data to guide underwriting decisions and necessary policy modifications.

• Team Collaboration: Partner with sales teams to create competitive insurance products and strategies, ensuring they align with both company objectives and client requirements.

• Policy Creation: Contribute to the formulation of insurance policies or recommend modifications to existing policies that balance market demands with the risks faced by the insurance company.

• Compliance with Regulations: Stay informed about legislative changes and regulations that could influence product design and underwriting practices.

• Record Keeping: Ensure accurate and comprehensive documentation of underwritten policies and the rationale behind decisions, including tracking concessions and experiences.

• Communication: Liaise with brokers and agents to obtain additional information or clarify underwriting choices.

⛳️ Requirements

• Education: A bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related discipline is required.

• Credentials: Professional actuarial credentials (such as ASA, FSA) are mandatory.

• Experience: At least 5 years of experience in commercial health insurance underwriting (excluding Medicare, Medicaid, or individual market/ACA plans).

• Experience collaborating with sales teams in competitive contexts is highly preferred.

• Strong analytical and decision-making capabilities.

• Exceptional communication and interpersonal skills.

• Proficiency in statistical analysis and risk evaluation.

• Ability to interpret intricate data and make sound decisions.

• Familiarity with underwriting software and tools.

• Preferred qualifications:

• Advanced actuarial credentials (e.g., ASA or FSA).

• Experience in large group health insurance underwriting for fully insured businesses.

• Knowledge of current healthcare regulations and market dynamics.

🏝️ Benefits

• Competitive salary.

• Comprehensive health, dental, and vision insurance.

• Retirement savings plan with company matching.

• Opportunities for professional development.

• Flexible work environment.