Symetra has an exciting new opportunity to join our team as aSeniorStop Loss Underwriter!About the roleIn this role you will be responsible for risk-based underwriting of new and/or existing accounts. You'll be accountable for the achievement of profit, persistency, and growth goals through financial analysis of employer groups.What you will doBased on a case Quote Authority Limit of up to $1.25M specific stoploss annualized premium and $12.5M aggregate attachment point:Determine level of risk based on established guidelinesAnalyze information on past claim history and other standard criteriaDetermine needed rate level using multiple tools, including a medical evaluation of ongoing large claimant concernsDevelop and determine appropriate aggregate factorsUnderwrite larger and more complex casesRelease final rates and factorsAccountable for profitability and all risk-based decisionsManage performance of new and/or existing accounts for assigned territories in the following areas:Target Final Effective Renewal Rate IncreasesClose RatioCase Premium PersistencyBilled to Blended Manual RatioQuote Turn Around TimeProvide competitive feedback on rates/factors and products to managementRecommend improvements in underwriting and marketing strategiesParticipate in Underwriting Projects and Cross Training InitiativesDaily interaction with agents, field staff, marketing reps and other underwriters to maintain consistency and support department workflowBuild and maintain excellent client, Rep, TPA and internal personnel relationsServe as a resource to junior level underwritersMay supervise Underwriting AnalystsWhy Work at SymetraHere's what some of our employees have to say about why they work at Symetra:"Symetra is a great place if you are looking for the opportunity to contribute, to grow, to be seen and valued." Vernell K. - Auditor"If you want to work for a company that is always considering its employees while working towards sustainable growth this is that company. Within Symetra, there is always innovation, empowerment, and growth opportunities, all while providing us with a great work/life balance and incredible benefits for a very reasonable cost!" Cindy G. - Program Manager What we offer youBenefits and PerksWe don't take a "one-size-fits-all" approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.Flexible full-time or hybrid telecommuting arrangementsPlan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%Paid time away including vacation and sick time, flex days and ten paid holidaysGive back to your community and double your impact through our company matchingWant more details? Check out ourSymetra Benefits Overview CompensationSalary Range: $82,900 – $138,100 plus eligibility for annual bonus program Your experience and skillsBachelor's Degree or equivalent combination of education and work experience required5 years of experience with Stop Loss Risk Based Underwriting requiredExtensive knowledge of Stop Loss products and pricing requiredExtensive knowledge of the Underwriting Discipline and Employee Benefit PlansWorking towards HIA, MHP, or CEBS designations highly preferredProven financial abilityStrong analytical and technical skillsAdept decision-making skillsEffective interpersonal and negotiation skillsService and sales orientedExcellent written and verbal communication skillsStrong teamwork orientationPresentation skillsProficiency with the Microsoft Office SuiteAble to be effective in a fast paced, high-volume, production work environmentAble to adapt to shifts in priorities and manage case level negotiationsWe empower inclusionAt Symetra, we aspire to be the most inclusive insurance company in the country. We're building a place where every employee feels valued, respected, and has opportunities to contribute.Inclusion is about recognizing our assumptions, considering multiple perspective, and removing barriers. We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our effortshere.Creating a world where more people have access to financial freedomSymetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we're guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they're buying, and we design products—and operate our company—to stand the test of time. We're committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom.For more information about our careers visit:https://symetra.eightfold.ai/careers Work AuthorizationEmployer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.#LI-NW1#LI-Remote
