Vice President, Underwriting

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

📋 Description

• Develop and implement an enterprise underwriting strategy that aligns with the company's objectives for growth and profitability.

• Create underwriting guidelines, risk tolerance frameworks, and pricing methodologies.

• Collaborate with Executive Leadership to foster sustainable revenue growth while ensuring disciplined risk selection.

• Offer strategic insights regarding market trends, regulatory shifts, and competitive positioning.

• Ensure profitability in underwriting and monitor loss ratio performance across all lines of business.

• Supervise pricing integrity for fully insured and self-funded medical plans, stop-loss, ancillary, and specialty products.

• Track underwriting KPIs such as hit ratios, margin performance, risk scoring accuracy, and renewal outcomes.

• Work closely with Actuarial and Finance teams on rate setting, forecasting, and risk pool analysis.

• Lead, mentor, and expand underwriting teams across new business, renewals, large groups, and small groups.

• Enhance underwriting workflows, automation tools, and data analytics capabilities.

• Initiate process improvement projects to boost efficiency, accuracy, and turnaround times.

• Ensure uniform underwriting practices across different regions and teams.

• Maintain compliance with federal and state regulations, including ACA, ERISA, HIPAA, and relevant DOI requirements.

• Keep audit-ready documentation and governance practices.

• Collaborate with Legal and Compliance to evaluate regulatory impacts on the underwriting strategy.

• Act as a strategic ally to Sales and Account Management to balance growth with risk management.

• Partner with Claims leadership to assess utilization trends and identify emerging risk patterns.

• Provide support for broker and consultant relationships as necessary for large or complex cases.

⛳️ Requirements

• Extensive knowledge of self-funded and fully insured health plan underwriting.

• Strong comprehension of stop-loss, level-funded, and ancillary products.

• Proven experience managing underwriting P&L responsibilities.

• Familiarity with federal and state healthcare regulations.

• Demonstrated ability to build and lead high-performing teams.

🏝️ Benefits

• 5% annual bonus based on company profitability.

• Affordable health, vision, and dental insurance for you and your family.

• Company contributes up to $2,300 to your Health Savings Account each year.

• Wellness program that adds extra funds to your HSA.

• Automatic 3% contribution to the retirement plan.

• Opportunities for career development and growth.

• Flexible Time Off and 10 paid holidays per year.