Underwriter II - Commercial / Pharmacy / Select Mkts
Blue Cross Blue Shield of Massachusetts · Boston, Massachusetts, US
Ready to help us transform healthcare? Bring your true colors to blue. Position Summary: The Underwriter Il is responsible for the profitability of an assign...
Job description
Ready to help us transform healthcare? Bring your true colors to blue. Position Summary: The Underwriter Il is responsible for the profitability of an assigned book of business, including prospective and renewing business in the 51-99 and 100+ market segment. In addition, the Underwriter lI will provide support for financial management reports, participate in the development of new products and rating methodologies and other assigned projects to improve underwriting operations. This role is eligible for our Flex Persona. For candidates local to our Boston, MA and Hingham MA offices. Capabilities: - Responsible for the accurate and timely calculation of rates for 51-99 and 100+ prospective opportunities, and 100-500 size renewing accounts. - Understanding and ability to work with multiple funding arrangements, including insured, self-insured, and level funded. - Required critical thinking and creative problem-solving skills. - Enforce adherence to Underwriting Policies and Procedures and be responsible for approval of exceptions. - Develop creative pricing strategies which achieve profitability and market share targets. - Participate in the development of new rating practices. - Pre...