VP Underwriting - HMIG

Company :

Job Description : 

JOB SUMMARY

This job is responsible for profitability and revenues of all stop loss product lines (level funded, captive, consortium and other self-funded models) underwritten by or on behalf of HM Insurance Group. Major responsibilities include development and execution of the product line pricing, along with new business and renewal underwriting strategies to achieve revenue and profitability target objectives set forth by Highmark Inc. and approved by its board of directors. This multi-faceted position plays a role in the corporate strategic planning, assessments and execution of business opportunities, strategic alliances, and risk share partnerships along with assessments of market conditions and their impact on the short and long term strategy for the corporation. In addition to the financial responsibilities, the incumbent is responsible for successful management of a segment of Underwriting Department based on risk partnership arrangements, national producer agreements and regional office distribution coupled with extensive management of any external partners performing underwriting function on behalf of HM Insurance Group.

ESSENTIAL RESPONSIBILITIES

• Development, execution and monitoring of stop loss pricing and underwriting strategies for all stop loss segments assigned by and on behalf of HM Insurance Group.
• Leadership and management of the assigned segment of the Underwriting department.
• Management of the external partners performing underwriting functions on behalf of HM Insurance Group.
• Participating in development and execution of the corporate strategic initiatives.
• Development and maintenance of relationships with key external producers and vendors.
• Act as a subject matter expert for self-funding within Highmark, Inc and with our external risk share partners.
• Develop and maintain an effective partnership with our colleagues in HMIG Sales.
• Other duties as assigned or requested.

QUALIFICATIONS

Minimum

• Bachelor’s degree
• 10+ years of experience in Underwriting of multiple product lines

Preferred

• Graduate Degree in Business

SKILLS

• Effective leadership skills in a diversified environment
• Extensive expertise in underwriting of stop loss, and other Accident and Health products
• Effective negotiator and closer
• Uncommon adaptability to changing environments
• Effective coaching skills
• Effective global thinker

Language (Other than English):

None

Travel Requirement:

25% - 50%

PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS

Position Type

Office-based

Teaches / trains others regularly

Occasionally

Travel regularly from the office to various work sites or from site-to-site

Frequently

Works primarily out-of-the office selling products/services (sales employees)

Never

Physical work site required 

Yes

Lifting: up to 10 pounds

Constantly

Lifting: 10 to 25 pounds

Never

Lifting: 25 to 50 pounds

Never

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

Compliance Requirement: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times.  In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy. 

Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law.

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For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org

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