Stop Loss Group Underwriter
Voya Financial- Full Time
- Junior (1 to 2 years)
Candidates should possess a Bachelor’s degree in Business, Finance, Economics, Statistics, Mathematics, or Insurance, along with at least three years of relevant experience in group health level-funded and/or stop-loss underwriting. Strong analytical and quantitative skills are required, and familiarity with claims experience, medical health questionnaires, and other related data is essential.
As a Senior Underwriter, the individual will play a key role in pricing new and renewal employer group cases, reviewing underwriting case preparation work, identifying missing information, and collaborating with various teams to assess risk and recommend pricing. They will also be responsible for using Gravie’s proprietary underwriting algorithms, supporting training and mentoring efforts, and contributing to the improvement of underwriting practices. Furthermore, they will work closely with Sales Operations, Underwriting, and Analytics teams to manage the quote pipeline, support customer retention, and develop underwriting strategies and tools.
Health benefits and insurance solutions provider
Gravie provides health benefits by offering straightforward and affordable health plans, primarily targeting individuals and small to midsize businesses. Their main product, Comfort, stands out because it has no deductible and no copays for most common healthcare services, allowing members to access care without unexpected costs. Additionally, Comfort includes virtual care options for musculoskeletal and mental health issues. Gravie also offers a payment solution called Gravie Pay, which enables members to pay for healthcare expenses interest-free, further easing financial stress. Unlike traditional health plans, Gravie claims that Comfort members save on out-of-pocket costs, and employers switching to Gravie often see lower premium expenses. The company has a high retention rate, indicating that many employees choose to continue with the Comfort plan in subsequent years. Gravie's goal is to simplify health benefits and reduce the financial burden of healthcare for its members.