Underwriting Manager

Underwriting Manager

Join Our Team: Do Meaningful Work and Improve People's Lives

Our purpose, to improve customers' lives by making healthcare work better, is far from ordinary. And so are our employees. Working at Premera means you have the opportunity to drive real change by transforming healthcare.

To better serve our customers, we are fostering a culture that emphasizes employee growth, collaborative innovation, and inspired leadership. We are dedicated to creating an environment where employees can excel and where top talent is attracted, retained, and thrives. As a testament to these efforts, Premera has been recognized on the Forbes America's Dream Employers list. Newsweek honored Premera as one of America's Greatest Workplaces, America's Greatest Workplaces for Inclusion, and America's Greatest Workplaces For Mental Well-Being, Forbes ranked Premera among America's Best Midsize Employers for the fourth time.

Learn how Premera supports our members, customers and the communities that we serve through our Healthsource blog:

As an Underwriting Manager at Premera, you will be a strategic thought leader supporting the financially sound and sustainable growth of the organization. You will collaborate with different functional areas to execute Premera's vision of making healthcare simple, eliminating waste, and containing costs for our customers.

What You Will Do:

Underwriting and Contracting

• Manage underwriting, pricing, and contracting activities to ensure that rates and policy provisions are adequate to meet the risks assumed and meet the profit objectives of the company.
• Manage Underwriting processes to meet or exceed turnaround goals and objectives.
• Create and maintain core competence in Underwriting by hiring, developing, and mentoring a high-performing team.

Management and Reporting

• Develop and deploy management monitoring reports for tracking financial and membership positions.
• Monitor and review data from internal departments for content and accuracy and develop solutions for any problems identified.
• Develop and maintain pricing data and contract generation systems that support departmental and strategic management decisions with timely and accurate information.

Support and Partnership

• Serve as the primary point of contact within Premera for other departments seeking information and advisement related to Underwriting policies.
• Collaborate with Sales and Account Management to help win and retain business at rates that are both affordable and reasonable.
• Meet with internal partners and with the broker community to discuss issues related to healthcare costs and premiums.

What You Will Bring:

• Bachelor's degree in business administration or related field of study or 4 years of work experience.
• Five years of underwriting, regulatory, or health insurance consulting experience.
• Previous underwriting experience.

Additional preferred skills/experiences include:

• Two years of experience in health insurance management or leadership positions.
• Master's degree in a related field.

Premera Total Rewards

Our comprehensive total rewards package provides support, resources, and opportunities to help employees thrive and grow. Our total rewards are more than a collection of perks, they're a reflection of our commitment to your health and well-being. We offer a broad array of rewards including physical, financial, emotional, and community benefits, including:

• Medical, vision, and dental coverage with low employee premiums.
• Voluntary benefit offerings, including pet insurance for paw parents.
• Life and disability insurance.
• Retirement programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.
• Wellness incentives with a wide range of mental well-being resources for you and your dependents, including counseling services, stress management programs, and mindfulness programs, just to name a few.
• Generous paid time off to reenergize.
• Looking for continuing education? We have tuition assistance for both undergraduate and graduate degrees.
• Employee recognition program to celebrate anniversaries, team accomplishments, and more.

For our hybrid employees, our on-campus model provides flexibility to create your own routine with access to on-site resources, networking opportunities, and team engagement.

• Commuter perks make your trip to work less impactful on the environment and your wallet.
• Free convenient on-site parking.
• Subsidized on-campus cafes make lunchtime connections with colleagues fun and affordable.
• Participate in engaging on-site activities such as health and wellness events, coffee connects, disaster preparedness fairs and more.
• Our complementary fitness & well-being center offers both in-person and virtual workouts and nutritional counseling.
• Need a brain break? Challenge someone to a game of shuffleboard or ping pong while on campus.

Equal Employment Opportunity/Affirmative Action

Premera is an equal opportunity/affirmative action employer. Premera seeks to attract and retain the most qualified individuals without regard to race, color, religion, sex, national origin, age, disability, marital status, veteran status, gender or gender identity, sexual orientation, genetic information or any other protected characteristic under applicable law.

If you need an accommodation to apply online for positions at Premera, please contact Premera Human Resources via email at careers@premera.com or via phone at 425-918-4785.

The pay for this role will vary based on a range of factors including, but not limited to, a candidate's geographic location, market conditions, and specific skills and experience.

The salary range for this role is posted below; we generally target up to and around the midpoint of the range.

National Plus Salary Range: $119,900.00 - $203,800.00

*National Plus salary range is used in higher cost of labor markets including Western Washington and Alaska.

We're happy to discuss compensation further during the interview because we believe that open communication leads to better outcomes for all. We're committed to creating an environment where all employees are celebrated for their unique skills and contributions.