Aetna Underwriting Consultant (Stop Loss) in Plymouth, Minnesota
Req ID: 50465BR
Come be a part of our mission to change the health care system and help millions of people live healthier lives! Meritain Health Group is an independent subsidiary of Aetna. It is one of the nation s largest administrators of health benefits. Offering the resources of a national carrier and the unmatched flexibility and service of an independent, local administrator. We re seeking Stop Loss Underwriting professionals…
Job DescriptionAs an Underwriting Consultant, the candidate will negotiates and explains application of more complex underwriting concepts, rate/fee development and policies. S/he will produces accurate and timely deliverables while providing superior customer service in support of stated mission and key performance metrics. The individual will handles moderate to complex cases/markets/issues using strong knowledge of company services, product standards, underwriting policies and alternate funding. · Handles complex cases/markets/issues using strong knowledge of company services, product standards, underwriting policies and alternate funding (*)· Grants underwriting exceptions and financial variances within prescribed limit· May interact/meet with customers, brokers and consultants· Works across Aetna's segments/markets to achieve goals· Negotiates and fully explains rate development, pricing components and application of underwriting policies while remaining conscious of financial objectives· Provides timely and accurate deliverables for new and/or renewal business, e.g., accountings, funding evaluations, benefit quotations· Monitors financial condition of assigned accounts, e.g., case migration, renewal pricing, premium defaults, and deficit reductions· Utilizes advanced functionality of rating/ financial tools, reference materials, and source systems for premium, membership and claim information· Analyzes competitive position on a case specific basis and develops financial comparisons· Recognizes opportunities for process improvements and recommends changes· Assesses customer needs and expectations versus company capabilities/ strategies · Builds strong cross-functional relationships with sales force and other internal constituents· Fosters open lines of communication on team and uses effective oral and written communication skills Requirements:· 1-3 years of Stop Loss underwriting experience - pricing experience via all types of pricing methodologies (ie. manual, experience, blended, alternate, stop loss) and funding arrangement, preferred. · At least 1 year of healthcare/insurance experience knowledge, with strong math and analytical skills. · Proven ability to facilitate and negotiate using tact and diplomacy. · Experience user in Microsoft Excel (complex formulas, pivot tables, etc)· Experience using Microsoft Office Suite
EducationThe highest level of education desired for candidates in this position is a Bachelor's degree or equivalent experience.FUNCTIONAL EXPERIENCES
Functional - Underwriting/Group insurance/1-3 Years
Functional - Underwriting/Sales support/1-3 Years
Functional - Underwriting/New business - group medical/1-3 Years
Functional - Underwriting/Renewal - group medical/1-3 Years
Functional - Underwriting/Pricing methodologies (manual, experience, blended, alternate, etc.)/1-3 Years
Technical - Desktop Tools/Adobe Acrobat Suite v5/1-3 Years/End User
Technical - Desktop Tools/Microsoft Word/1-3 Years/End User
Technical - Desktop Tools/Microsoft Outlook/1-3 Years/End User
Technical - Desktop Tools/TE Microsoft Excel/1-3 Years/End User
General Business/Communicating for Impact/ADVANCED
Finance/Managing Aetna s Risk/ADVANCED
Service/Demonstrating Service Discipline/ADVANCEDAdditional InformationAdvance your career. Join us as we grow. Apply today and join our Meritain / Aetna team!Learn more about Meritain: https://www.meritain.com/ Interested in an Underwriting opportunity at Aetna/Meritain? Join one of our upcoming virtual office hours with an Underwriting recruiter!
Tuesdays from 12:30 – 1:15 PM ESTClick here to registered https://aet.na/2yCWHtpAetna is about more than just doing a job. This is our opportunity to re-shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.
We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.
Together we will empower people to live healthier lives.
Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.
We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.
Benefit eligibility may vary by position. Click here to review the benefits associated with this position.
Aetna takes our candidate's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.
Job Function: Underwriting