Captive Resources, LLC

Senior Underwriter - Health Solutions

Captive Resources, LLC  •  Itasca, IL (Onsite)  •  4 months ago
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Job Description

The Senior Underwriter is responsible for risk-based underwriting of new and/or existing accounts. Accountability for the achievement of profit, persistency, and growth goals through financial analysis or employer groups.

EDUCATION AND EXPERIENCE:

Bachelor’s Degree in Business or in a related discipline with 5+ years of experience in stop loss underwriting and Captive experience (preferred).

SKILLS/COMPETENCIES REQUIREMENTS:

  • Creativity and strong problem solving skills
  • Strong mathematical background
  • Ability to handle large volume of work efficiently and correctly with limited errors
  • Strong team attitude
  • Works well independently and in a team environment
  • Interpersonal skills
  • Excellent written and verbal communication skills
  • Strong skills in Microsoft Office, especially using Excel and Word, and other on-line computer systems
  • Comfortable making presentations to small groups
  • Organization, planning and prioritization skills
  • Strong analytical, problem solving and judgment skills
  • Strong customer service orientation
  • Commitment to company values

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Input employer stop loss large claim information and aggregate claim assessment into our underwriting system (David Young system).
  • Determine level of risk based on established guidelines.
  • Analyze information on past claim history and other standard criteria.
  • Determine needed rate level using multiple tools, including a medical evaluation of ongoing large claimant concerns.
  • Participate in Captive renewal calls and biweekly Underwriting meetings
  • Oversee renewal spreadsheet for assigned program(s)
  • Ability to manage, maintain and handle assignments as warranted
  • Accurately document files
  • Review of sold case preparation and issuance of applications

PRIORITIES: Accuracy, Timeliness, Positive Team Attitude

Click hereto view all of our current benefits.

Applicants have rights under Federal Employment Laws: Family and Medical Leave Act (FMLA) Poster; Equal Employment Opportunity (EEO) Poster; and Employee Polygraph Protection Act (EPPA) Poster

Captive Resources, LLC

About Captive Resources, LLC

For four decades, Captive Resources has provided mid-market companies the ability to become insurance company owners rather than insurance buyers and to lower their total cost of risk. We do this through the creation, development, and oversight of member-owned group captive insurance companies.

Captive Resources currently advises more than 50 casualty and medical stop loss group captives comprised of over 7,300 member-companies and $5.4 billion in annual premium. We support every aspect of the captives we advise, from claims advocacy to operational oversight, risk management, financial services, regulatory compliance, investment services, and more. In addition, Captive Resources has two subsidiaries: Kensington Management Group, Ltd., a full-service captive management firm, and Edgewater Actuarial Insights, LLC, an independent actuarial and management consulting firm servicing the specialized actuarial needs of the captive insurance industry.

Statement on Diversity, Equity, and Inclusion: At Captive Resources, we believe that our colleagues deserve fairness, respect, inclusivity, and belonging. We encourage different perspectives, unique ways of thinking, fearless collaboration, and positive communication. Our differences have made us strong and successful, and we embrace diversity, equity, and inclusion. We celebrate our people every day because they are the heart of our company.

Captive Resources is proud to be an Equal Opportunity Employer. We prohibit discrimination in employment with respect to any term or condition of employment, including hiring, compensation, advancement, discipline, or termination for our applicants and colleagues.

Industry
Finance & Insurance
Company Size
501-1,000 employees
Headquarters
Itasca, Illinois
Year Founded
1986
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