Risk & Underwriting Advisor-Medical-Hybrid

Role Summary

Evaluate the risk of insuring potential Cigna client, as well as retaining current clients, and use that information to set premium rates for insurance policies.

Directly impact our business on a daily basis, protecting Cigna's sound financial position which enables us to meet our financial commitments to our customers.

Responsibilities


* Manages an assigned book of business, focused on attaining profitable growth, persistency, and earnings.


* Performs case-specific risk assessments.


* Responsible for account level rate development and conducting customer negotiations with Sales on a complex book of business.


* Evaluates medical claim experience and analyzes total case profitability.


* Develops and monitors account earnings plans to achieve growth and profitability.


* Develops strategic recommendations related to market competition, products, services and pricing.


* Partners with sales department and brokers to deliver customer presentations and acts as financial consultant on case-specific issues.


* Influences underwriting best practice and provides input to matrix partners on product development and pricing.


* Collaborates with product/pricing matrix partners to provide input on market level product and pricing needs.


* Mentors new hires and/or underwriters in training


* Ability to learn manual rating models and related pricing tools.

Qualifications


* Bachelor's degree or equivalent work experience required.


* 4 years of Medical Underwriting experience or related industry experience


* In-depth rating, product, and financial knowledge.


* Effective decision making and negotiation skills


* Strong analytical and problem-solving skills


* High comfort level with math/numbers


* Excellent verbal and written communication skills


* Strong business acumen along with leadership, innovative thinking, customer-centricity and analytical problem-solving skills

If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

For this position, we anticipate offering an annual salary of 84,000 - 140,000 USD / yearly, depending on relevant factors, including experience and geographic location.

This role is also anticipated to be eligible to participate in an annual bonus plan.

We want you to be healthy, balanced, and feel secure.

That's why you'll enjoy a comprehensive range of benefits, with a focus on supporting your whole health.

Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs.

We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays.

For more details on our employee ben...