National Accounts Strategic Underwriter at Elevance Health

Wallingford, Connecticut, United States

Elevance Health Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Health InsuranceIndustries

Requirements

  • BA/BS in Finance, Actuarial Science, Business, or related field
  • Minimum of 7 years in large group insurance underwriting, actuarial analysis, or strategic finance
  • Ability to work in-office 1-2 days per week (candidates must reside within reasonable commuting distance from posting location(s), unless accommodation granted)

Responsibilities

  • Provide strategic and analytical underwriting support for national account clients, including financial modeling, risk assessments, and developing multi-year pricing strategies tailored to large, complex employer groups
  • Conduct extensive research and collaborate cross-functionally to meet client demands, support growth and retention, and deliver customized solutions aligned with business priorities
  • Create competitive, financially sound proposals for business growth and renewals
  • Collaborate on RFPs
  • Lead contract customization and negotiations, ensuring accurate financial outcomes and risk mitigation
  • Assist in the technical development of underwriting associates, including monitoring reports and workflow to provide recommendations on productivity and efficiency improvements

Skills

Key technologies and capabilities for this role

financial modelingrisk assessmentpricing strategiesunderwritingactuarial analysisRFPcontract negotiationinsurancelarge group underwriting

Questions & Answers

Common questions about this position

What is the salary range for this National Accounts Strategic Underwriter position?

For candidates working in person or virtually in California, District of Columbia (Washington, DC), Illinois, Maryland, Massachusetts, Minnesota, Nevada, New York, or Washington State, the salary range is $105,504 to $180,864. The salary offered is based on legitimate, non-discriminatory factors.

Is this role remote or does it require office work?

This role requires associates to be in-office 1-2 days per week, with flexibility for virtual work. Candidates must reside within a reasonable commuting distance from an office location, unless an accommodation is granted.

What are the minimum requirements for this underwriting role?

Candidates need a BA/BS in Finance, Actuarial Science, Business, or related field, plus a minimum of 7 years in large group insurance underwriting, actuarial analysis, or strategic finance.

What benefits does Elevance Health offer for this position?

In addition to salary, Elevance Health offers a comprehensive benefits package, incentive and recognition programs, equity stock purchase, and 401k contribution, all subject to eligibility requirements.

What preferred qualifications will strengthen my application?

Preferred qualifications include ASA/FSA, CFA, or CEBS credentials, which demonstrate advanced expertise in actuarial or financial fields relevant to strategic underwriting.

Elevance Health

Integrated health services and digital platform

About Elevance Health

Elevance Health focuses on enhancing the health of individuals throughout their lives by evolving from a traditional health benefits organization into a comprehensive health partner. The company serves over 118 million people, providing support at every stage of health through an integrated approach that addresses a wide range of health needs. Their services are backed by advanced capabilities and a digital health platform that streamlines access to care. Unlike many competitors, Elevance Health emphasizes a holistic view of health, aiming to redefine health and improve community well-being. The ultimate goal is to make health improvements accessible to everyone.

Indianapolis, IndianaHeadquarters
1944Year Founded
$309.4MTotal Funding
IPOCompany Stage
Enterprise Software, Social Impact, HealthcareIndustries
10,001+Employees

Benefits

Medical, dental, & vision insurance
401(k) + match
Paid holidays
Paid Time Off
Incentive bonus programs
Stock purchase plan
Life insurance
Wellness Programs
Financial education resources
Adoption & Surrogacy Assistance
Dependent-care Flexible Spending Account (DCFSA)
Parental Leave
Parental Transition Week
Critical Caregiving Leave

Risks

Departure of CFO John Gallina may create a gap in financial leadership.
Lawsuit against CMS over MA Star Ratings could lead to financial penalties.
CareBridge integration may face operational challenges, disrupting service delivery.

Differentiation

Elevance Health integrates whole health approach with digital health platform for comprehensive care.
Acquisition of CareBridge enhances home health services within Carelon division.
Strategic partnership with Clayton, Dubilier & Rice aims to innovate primary care delivery.

Upsides

AI integration in home health services can reduce hospital readmissions and improve outcomes.
Predictive analytics support early disease detection, aligning with Elevance's whole health approach.
Telehealth expansion offers opportunities to reach more patients remotely.

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