at Elevance Health in CHICAGO, Illinois, United States
Job Description
Underwriting Market Director
Location: Elevance Health operates in a Hybrid Workforce Strategy, providing various levels of flexibility while also ensuring that associates have opportunities to connect in-person. Unless in a designated virtual-eligible role and specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.
The Underwriting Market Director is responsible for high level oversight of the UW function for the aligned business including implementation and monitoring of underwriting policies and guidelines. Manage exceptions to the underwriting policies and guidelines.
How You Will Make an Impact
Primary duties may include, but are not limited to:
+ Monitor workflow to ensure underwriting policies and procedures are being followed.
+ Monitor business results to ensure policies, procedures and guidelines are producing targeted and desired business outcomes.
+ Monitor adherence to the underwriting internal controls and requirements.
+ Collaborate with the underwriting leadership in determining pricing strategy, department work processes, team/individual case assignments, and completing department projects as assigned.
+ Collaborate with and support internal customers and matrix partners on underwriting/pricing and sale/renewal strategies.
+ Develop training tools and facilitate training sessions for underwriters and sales/client management staff.
+ Act as SME on various topics impacting our UW processes.
+ Manage a limited block of complex clients .
Minimum Requirements:
Requires a BA/BS in related area of study; Minimum 6 years of related health insurance experience including an in-depth knowledge of underwriting policies and procedures, rating methodologies, and risk assessment; or any combination of education and experience, which would provide an equivalent background.
For candidates working in person or remotely in the below locations, the salary* range for this specific position is $103,760 to $186,768
Locations: Colorado; District of Columbia (Washington, DC); Nevada; New York
In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the company. The company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws .
- The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company’s sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
