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Financial Risk Analyst

2 months ago

Hopkins, Minnesota, United States Medica Full time
{"title": "Underwriting Consultant Role", "description": "Job Summary

Medica is seeking an Underwriting Consultant to join our team. As an Underwriting Consultant, you will be responsible for managing financial analysis and new business and renewal underwriting for large group customers.

Key Responsibilities
  • Apply underwriting risk and pricing guidelines to project future costs and develop pricing decisions for existing accounts and new business prospects.
  • Communicate and explain pricing decisions to Medica Sales and work with them to develop renewal strategies for clients that meet customer objectives and Medica's financial and group retention goals.
  • Complete various actuarial and macro financial analyses for subsets of Medica's business and develop and communicate analysis results and pricing policies.
  • Develop an understanding of marketplace competitors and their data formats, products, networks, strengths, and weaknesses.
Requirements
  • Complete working knowledge and skill with ability to be fully proficient in professional field.
  • Bachelor's degree or equivalent combination of education and experience required.
  • 5+ years of underwriting experience; strongly preferred within the healthcare industry.
  • Large group pricing experience preferred.
  • Proficient working with Microsoft Excel.
  • Excellent written and verbal communication skills.
What We Offer

Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services, and many other benefits to support our employees.

Equal Opportunity Employer

Medica is an Equal Opportunity/Affirmative Action employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.

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