VP Underwriting - HMIG
Apply NowCompany: Highmark Health
Location: Pittsburgh, PA 15237
Description:
Company :
HM Insurance GroupJob Description :
JOB SUMMARY
This job is responsible for profitability and revenues of all stop loss product lines (level funded, captive, consortium and other self-funded models) underwritten by or on behalf of HM Insurance Group. Major responsibilities include development and execution of the product line pricing, along with new business and renewal underwriting strategies to achieve revenue and profitability target objectives set forth by Highmark Inc. and approved by its board of directors. This multi-faceted position plays a role in the corporate strategic planning, assessments and execution of business opportunities, strategic alliances, and risk share partnerships along with assessments of market conditions and their impact on the short and long term strategy for the corporation. In addition to the financial responsibilities, the incumbent is responsible for successful management of a segment of Underwriting Department based on risk partnership arrangements, national producer agreements and regional office distribution coupled with extensive management of any external partners performing underwriting function on behalf of HM Insurance Group.
ESSENTIAL RESPONSIBILITIES
QUALIFICATIONS
Minimum
Preferred
SKILLS
Language (Other than English):
None
Travel Requirement:
25% - 50%
PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS
Position Type
Office-based
Teaches / trains others regularly
Occasionally
Travel regularly from the office to various work sites or from site-to-site
Frequently
Works primarily out-of-the office selling products/services (sales employees)
Never
Physical work site required
Yes
Lifting: up to 10 pounds
Constantly
Lifting: 10 to 25 pounds
Never
Lifting: 25 to 50 pounds
Never
Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.
Compliance Requirement: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.
As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company's Handbook of Privacy Policies and Practices and Information Security Policy.
Furthermore, it is every employee's responsibility to comply with the company's Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.
Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law.
We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the email below.
For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org
California Consumer Privacy Act Employees, Contractors, and Applicants Notice
HM Insurance GroupJob Description :
JOB SUMMARY
This job is responsible for profitability and revenues of all stop loss product lines (level funded, captive, consortium and other self-funded models) underwritten by or on behalf of HM Insurance Group. Major responsibilities include development and execution of the product line pricing, along with new business and renewal underwriting strategies to achieve revenue and profitability target objectives set forth by Highmark Inc. and approved by its board of directors. This multi-faceted position plays a role in the corporate strategic planning, assessments and execution of business opportunities, strategic alliances, and risk share partnerships along with assessments of market conditions and their impact on the short and long term strategy for the corporation. In addition to the financial responsibilities, the incumbent is responsible for successful management of a segment of Underwriting Department based on risk partnership arrangements, national producer agreements and regional office distribution coupled with extensive management of any external partners performing underwriting function on behalf of HM Insurance Group.
ESSENTIAL RESPONSIBILITIES
- Development, execution and monitoring of stop loss pricing and underwriting strategies for all stop loss segments assigned by and on behalf of HM Insurance Group.
- Leadership and management of the assigned segment of the Underwriting department.
- Management of the external partners performing underwriting functions on behalf of HM Insurance Group.
- Participating in development and execution of the corporate strategic initiatives.
- Development and maintenance of relationships with key external producers and vendors.
- Act as a subject matter expert for self-funding within Highmark, Inc and with our external risk share partners.
- Develop and maintain an effective partnership with our colleagues in HMIG Sales.
- Other duties as assigned or requested.
QUALIFICATIONS
Minimum
- Bachelor's degree
- 10+ years of experience in Underwriting of multiple product lines
Preferred
- Graduate Degree in Business
SKILLS
- Effective leadership skills in a diversified environment
- Extensive expertise in underwriting of stop loss, and other Accident and Health products
- Effective negotiator and closer
- Uncommon adaptability to changing environments
- Effective coaching skills
- Effective global thinker
Language (Other than English):
None
Travel Requirement:
25% - 50%
PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS
Position Type
Office-based
Teaches / trains others regularly
Occasionally
Travel regularly from the office to various work sites or from site-to-site
Frequently
Works primarily out-of-the office selling products/services (sales employees)
Never
Physical work site required
Yes
Lifting: up to 10 pounds
Constantly
Lifting: 10 to 25 pounds
Never
Lifting: 25 to 50 pounds
Never
Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.
Compliance Requirement: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.
As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company's Handbook of Privacy Policies and Practices and Information Security Policy.
Furthermore, it is every employee's responsibility to comply with the company's Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.
Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law.
We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the email below.
For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org
California Consumer Privacy Act Employees, Contractors, and Applicants Notice