Underwriter

Underwriter

ParetoHealth

Established in 2011, ParetoHealth is changing the way employers take control of their health benefits. We are the largest employee benefit group captive manager in the country - with $2.5 billion in health spend, approximately $650M of stop loss premiums and 500,000 covered lives.

Our powerful new approach to financing employee benefits reduces costs without increasing the risk. Pareto is uniquely positioned to help a large swath of the market adopt smart, sustainable, multiyear strategies for optimal healthcare delivery.

Position Summary

Pareto Health is transforming the way we understand healthcare with a particular focus on how we position ourselves in the market, share our brand story, and differentiate our product solutions. The Underwriter will join a growing team charged to review and evaluate case data to present fair and sound stop-loss pricing. In this role, the Underwriter will report directly to the Assistant Vice President of Underwriting.

Key Responsibilities

• Evaluate fully insured, level funded, and self-funded submission documentation, including new business proposals, renewals, and claims documents
• Develop a working knowledge of the various Pareto underwriting models and review their own work for accuracy
• Maintain and support a positive working relationship with Regional Vice Presidents, Sales Associates, the Sales Management Team, and Pareto’s carrier partners
• Learn and be able to reiterate Pareto’s captive products, including the various cost containment programs available to members
• Identify and suggest creative underwriting solutions through a knowledge of various TPA programs, Reference Based Pricing vendors, and cost containment initiatives
• Evaluate formal quotes from carriers for accuracy and fairness
• Prepare and release marketing pieces, proposals, and liability models according to Pareto’s guidelines and operating procedures
• Evaluate and respond to broker partner requests in a timely and constructive manner

Skills and Experience

• 2+ years of underwriting stop loss experience required
• Knowledge of self-insurance space and cost containment programs
• Demonstrated consultative approach to underwriting or toward UW process
• Must demonstrate attention to detail and strong analytical skills
• Bachelor’s degree required
• Highly proficient in Excel
• Must possess strong skills multitasking capability, and a desire to work as a part of a team

Physical Requirements

• Ability to sit for long periods
• Ability to work nights and weekends on occasion as business needs may dictate

Physical Requirements

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at a time.

Pareto Perks

Pareto offers a competitive compensation package commensurate with skills and experience. In addition, Pareto offers a robust benefits package including Medical (100% employer paid), Dental, Vision, STD/LTD, and employer 401(k)contribution.

Pareto is an Equal Opportunity Employer.