Underwriter I in Boston, MA at Beacon Health Options

Date Posted: 10/16/2018

Job Snapshot

Job Description

About the Position:

The Underwriter I assesses historical data and calculates pricing for products offered by Beacon Health with significant supervision. This position is responsible for preparing analysis and pricing models to support pricing and company strategies.    

Position Responsibilities:

  • Calculates all aspects of pricing for new and renewal clients including claims targets, administrative rates, reinsurance, risk fees, unit costs, benefit plan implications, utilization assumptions and profit.
  • Analyzes RFP for historical and demographic information, financial, risk and performance arrangements.  Works with development or sales staff to identify appropriate operational and pricing strategies.
  • Prepares underwriting analysis exhibits and reviews proposed pricing with Underwriting department Senior Pricing Analyst, Director-level and/or VP-level management.
  • Participates in pricing approval committee meetings.  Distributes Final Underwriting Summary for approval.
  • Provides marketing personnel with final pricing documents, schedules, and forms for each bid as required.  Researches and responds to pricing related RFP questions.
  •  Performs analyses reflecting the financial impacts of proposed changes in contract terms, benefit plans, rate changes, performance standards, or other contract modifications.
  • Consults with medical management regarding projected utilization assumptions.

Position Requirements:

  • Education:  B.S. or B.A. in business related field (preferably finance or accounting).
  • Licenses: N/A
  • Relevant Work Experience:  1 -3 Years work experience (health care experience preferred).

To Apply:

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Beacon Health Options is proud to be an Equal Opportunity and Affirmative Action Employer as well as a Drug Free and Tobacco Free Work Environment.  EOE/AA/M/F/Veterans/Disabled