Assistant Vice President, Underwriting at ParetoHealth

Philadelphia, Pennsylvania, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Health Insurance, Employee BenefitsIndustries

Requirements

5+ years of experience in medical stop loss underwriting
Previous leadership of a renewal or new business medical stop loss underwriting team preferred
Strong understanding of medical trend analysis, loss ratio performance, and self-insurance dynamics
Proven leadership experience managing teams in a high-volume, high-growth environment
Excellent analytical, Excel, and data interpretation skills
Clear and persuasive communication skills, with experience influencing both internal and external stakeholders
Bachelor's degree in business, actuarial science, finance, or a related field preferred; advanced degree or actuarial credentials a plus

Responsibilities

Lead the development and execution of Pareto’s renewal underwriting strategy
Manage a high-performing team of renewal underwriters, providing mentorship, training, and performance management
Partner closely with Customer Management and Finance to evaluate member performance and develop tailored renewal recommendations
Ensure consistency, accuracy, and timeliness in renewal calculations, modeling, and deliverables
Serve as an internal thought leader on loss trends, risk scoring, and renewal planning
Support the refinement and automation of renewal tools, reports, and workflows in collaboration with Product and Technology teams
Represent the underwriting function in renewal discussions with senior leadership and key external stakeholders (brokers, consultants, reinsurers)
Monitor book-level performance trends and recommend strategies to improve profitability and retention

Skills

Underwriting

Renewal Underwriting

Risk Scoring

Loss Trends

Renewal Modeling

Team Management

Strategic Planning

Performance Management

ParetoHealth

Self-insured employee health benefits solutions

About ParetoHealth

ParetoHealth offers employee health benefits solutions for small and medium-sized businesses through a self-insured model, allowing companies to set aside funds for health claims instead of paying insurance premiums. Their main product is the "benefits captive" program, where multiple companies share the risk of health claims, helping to manage costs and provide comprehensive benefits. Unlike competitors, ParetoHealth uses data-driven intelligence to monitor and control claims costs, ensuring employees receive quality care at competitive prices. The company's goal is to deliver a complete solution for health benefits while fostering diversity, equity, and inclusion in the workplace.

Philadelphia, PennsylvaniaHeadquarters

2011Year Founded

$522.1KTotal Funding

GROWTH_EQUITY_VCCompany Stage

Data & Analytics, Consulting, HealthcareIndustries

51-200Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

401(k) Company Match

401(k) Retirement Plan

Risks

Increased competition from new entrants may erode ParetoHealth's market share.

Economic downturns could reduce SME spending on employee benefits, impacting revenue.

Regulatory changes could increase compliance costs for self-insured health plans.

Differentiation

ParetoHealth offers a unique self-insured model for SMEs to control health costs.

Their benefits captive program pools resources to mitigate large health claim risks.

Data-driven intelligence is used to manage and control employee health claims costs.

Upsides

Warburg Pincus's investment indicates strong market confidence in ParetoHealth's growth potential.

Reaching 2,000 employers in their captive program shows successful market penetration.

New leadership roles focus on enhancing customer experience and expanding market reach.

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