Principal Underwriter

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

📋 Description

• Develop pricing and underwriting models and analyses to inform new deal pricing and review current pricing structures.

• Conduct thorough medical cost, usage, and trend analyses to aid in rate development and pricing suggestions.

• Assess the profitability of quotes, renewals, and overall book performance in relation to pricing assumptions.

• Monitor the performance of existing contracts.

• Assist in evaluating risk and pricing strategies for both new and existing products through various scenarios, including base, downside, and upside cases.

• Analyze and evaluate the quality of the data utilized for underwriting purposes.

• Identify and propose mechanisms and contract terms that mitigate both known and unknown risks and uncertainties.

• Collaborate with operations, medical economics/business analytics, product, sales, account management, and other relevant parties, including providing guidance during proposal, due diligence, and contracting phases to ensure strong underwriting and optimal outcomes while minimizing risk.

• Ensure the integrity and accuracy of data within pricing and underwriting databases.

• Carry out additional responsibilities as assigned.

⛳️ Requirements

• Bachelor’s degree in Finance, Economics, Mathematics, Actuarial Science, Statistics, or a related discipline.

• Minimum of 10 years of experience in underwriting or pricing within a health plan.

• Experience in healthcare, value-based care, or insurance sectors, as well as M&A and private equity, is advantageous.

• Background in private equity-backed organizations.

• Previous experience in creating and delivering presentations to boards and executives.

• High proficiency in financial and analytical modeling.

• Advanced skills in Excel and PowerPoint; familiarity with data visualization tools (e.g., Power BI) is a plus.

• Understanding of financial statements, healthcare data, and performance management metrics.

• Strong analytical mindset with intellectual curiosity and a passion for problem-solving.

• Exceptional attention to detail, a high level of initiative and adaptability, and the capacity to multitask in a fast-paced environment with competing deadlines.

• Outstanding verbal and written communication abilities.

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Comprehensive health, dental, and vision insurance.

• Retirement savings plan with company match.

• Generous paid time off and holiday schedule.

• Opportunities for professional development and career advancement.