Aetna Medical Underwriting Manager in Columbia, South Carolina
Req ID: 67419BR
This key position is focused on leading the daily underwriting operations for Aetna Voluntary s fully insured medical line of business.
In addition, this position will manage the day-to-day relationship with a key external distribution and administration partner.
The position will independently perform accurate analysis and risk assessment to produce sound financial responses/products in a timely manner.
*Flexible on Location.
Fundamental Components included but are not limited to:
Direct report to the Director of Actuarial and Underwriting for Aetna Voluntary
Partners with Head of Product to design and implement medical solutions for unique target market
Manages the day-to-day relationship with a key external distribution and administration partner
Responsible for manager activities related to staffing, talent management, training and development
Oversees training of underwriting staff and internal customers and external constituents. Provides opportunities to develop skills and experiences.
Manages workflow within unit and directs changing priorities. Ensures that timely actions and deliverables are met, and team members have the information to do their jobs.
Negotiates and explains rate development and application of underwriting policy. Assists team members in handling difficult sales/renewal situations.
Escalates underwriting exceptions and financial variances to senior management balancing membership, revenue growth and profitability targets. Engages in underwriting decisions with significant benefit implications.
Leads process improvement initiatives to improve productivity, accuracy, and/or customer service and influences tool development. Takes accountability for driving solutions to completion.
Takes accountability for the team to ensure customer specific documents, deliverables and account related information produced by the team are accurate and support the customer s quote/renewal strategy. Also ensure accurate reporting of financials is maintained for the team.
Uses knowledge of competition and competitive landscape to evaluate and minimize risk while maximizing profitability.
Qualifications Requirements and Preferences:
7-10 years medical underwriting experience with extensive insurance industry knowledge. Sold knowledge of other benefit programs (e.g. Dental, Vision, Voluntary) and pricing of related benefits a plus.
Demonstrated leadership that fosters and supports a strong team of individual contributors. Experience in anticipating customer needs and requirements as well as facilitating and negotiating using tact and diplomacy.
Experience in building strong cross-functional relationships with internal and external constituents. Demonstrated success in communicating effectively with internal and external constituents.
Underwriting - Financial arrangements, Underwriting - Management: < 25 employees, Underwriting - New business - group medical, Underwriting - Pricing methodologies (manual, experience, blended, alternate, etc.), Underwriting - Renewal - group medical
Desktop Tool - Microsoft Word, Desktop Tool - TE Microsoft Excel
General Business - Communicating for Impact, General Business - Demonstrating Business and Industry Acumen, Leadership - Collaborating for Results
General Business - Applying Reasoned Judgment, General Business - Managing Sales Relationships, Leadership - Engaging and Developing People
Additional Job Information:
Exhibits proven leadership skills that will enable him/her to foster and support a strong team, leading by example.Able to anticipate customer needs and requirements as well as to facilitate and negotiate using tact and diplomacy.Communication with outside consultants and customers.Some travel may be required.
Benefit eligibility may vary by position.
Job Function: Underwriting
Aetna is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veterans status.