Underwriter jobs in Utah

Position Summary: 

Pareto Health is seeking a seasoned and detail-oriented Underwriter to join our team. This role is pivotal in assessing and managing the risks associated with self-funded health plans, using stoploss insurance. The ideal candidate will bring 2-3 years of experience in analyzing complex health risks and crafting stoploss strategies that align with our commitment to providing innovative and cost-effective healthcare solutions to our clients. 

Key Responsibilities: 

• Conduct thorough risk assessments of prospective captive members current health plans and funding arrangements to determine appropriate stop loss coverage levels and premiums. 
• Analyze healthcare data, including claims and utilization patterns, to forecast potential risks and cost implications and support proposed underwriting position 
• Effectively execute in an environment of incomplete information  
• Understanding of competitive market dynamics and react appropriately 
• Partner with account management to ensure appropriate pricing rationale is understood and messaged externally and consider consultant / customer dynamics 
• Enhance your own skills around knowledge of medical treatments and projected costs in partnership with clinical risk team  
• Ensure adherence to industry standards and legal requirements in all underwriting decisions and practices. 

Required Skills & Qualifications: 

• Bachelor’s degree in finance, economics, actuarial science, or a related field; relevant professional certifications are a plus. 
• Minimum of 2-3 years of experience in stop loss underwriting, with a proven track record in handling complex health risks. 
• Proficiency in underwriting software, data analysis tools, and Microsoft Office Suite. 
• Ability to analyze data, identify trends, and solve underwriting challenges. 
• Strong communication and negotiation skills, with the ability to articulate technical concepts to a non-technical audience. 
• Strong team player, capable of working effectively in a dynamic and collaborative environment.
• Understanding of stop loss products; self-funding, healthcare industry trends, and regulatory landscape