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Blue Shield of California · 3 days ago

Group Underwriter - Large, Senior

California, United States

Full-time

Hybrid

Senior Level

5+ years exp

Blue Shield of California is a healthcare company focused on creating a sustainable healthcare system. The Group Underwriter - Large, Senior will be responsible for assessing risks and determining appropriate benefits and rates for large group health care accounts, while collaborating with sales representatives and providing guidance to the underwriting team.

Financial ServicesHealth InsuranceNon Profit

H1B Sponsor Likely

Responsibilities

Apply appropriate actuarial factors and rating methods to determine potential exposure to Blue Shield’s products

Collect, review and assess customer specific data including financial condition, employee demographics and past claim experience to determine degree of risk, appropriate benefits and rates

Review requests for quotes, develops and reviews bid specifications, benefit plan design features and financial alternatives for complex, fully insured cases as well as alternative funding arrangements (e.g., ASO, minimum premium, etc.)

Participate in discussions and negotiates with sales representatives on new and renewal business. May be included in discussions with brokers, consultants and employers

Review and approve rates in sales requests and updates financial and tracking databases

Provide underwriting knowledge sharing, education, advice and coaching to other underwriters and departments

Prepare ad hoc statistical reports

Qualification

Medical underwriting knowledgeRisk assessmentNegotiation skillsFinancial analysisTeam collaborationCustomer serviceProblem-solvingCommunication skills

Required

Requires a bachelor's degree or equivalent experience

Requires at least 5 years of prior relevant experience

Requires strong knowledge of medical underwriting principles, practices and techniques

Requires ability to solve complex problems with sometimes ambiguous information

Requires comprehensive knowledge of medical products including their financial drivers and funding arrangements including fully insured, ASO, minimum premium and refund accounting

Requires excellent negotiation and customer service skills

Requires ability to perform as a team member and collaborate with other teams/depts

Preferred

Experience working for a national insurance carrier working on larger national account

Company

Blue Shield of California

Glassdoor3.8

Blue Shield of California is a health insurance service provider.

Founded in 1939

San Francisco, California, USA

5001-10000 employees

https://www.blueshieldca.com

H1B Sponsorship

Blue Shield of California has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2023 (1)

2022 (41)

2021 (20)

2020 (31)