[Hiring] Underwriter @Crum & Forster

Role Description

Since 2000, Crum & Forster’s Accident & Health division (A&H) has offered a diverse portfolio of specialty insurance and reinsurance products nationwide. We place a strong focus on product development and creative distribution methods, along with excellent client service and support.

In addition to our robust domestic portfolio, which spans both special risk and medical solutions, A&H works on an international basis through various partnerships. Our global capabilities provide our partners with even broader flexibility in underwriting solutions.

The qualities and capabilities of A&H demonstrate our philosophy of building meaningful, long-term partnerships and our dedication to providing alternative strategies in an ever-changing insurance market.

The Medical Business Unit (MBU) takes a full-spectrum approach to designing and servicing a robust slate of products that are tailored to needs in Employer Stop Loss, Excess Medical, Life, and Ancillary and Supplemental benefits. Our diversified business model includes program partnerships as well as direct sales in Employer Stop Loss. At year-end 2023, the MBU recorded $741M in gross premium written.

This is a unique opportunity to work with a high quality team of leaders and benefit from the security and stability of a large organization while maintaining a nimble and responsive approach to business. The C&F Stop Loss Underwriter is responsible for contributing to the development and management of a large block of stop loss business while partnering with our sales and underwriting team to develop internal relationships and underwriting acumen.

What you will do:

• Develop sound Specific and Aggregate Stop Loss pricing recommendations for both prospective and inforce Employer Stop Loss accounts according to Underwriting Guidelines.
• Make independent decisions within designated authority level and maintain proper file documentation.
• Manage assigned workload to meet productivity requirements and sales goals.
• Complete facultative approvals for less tenured underwriters and mentor when necessary.
• Consult with the sales team to formulate a successful sales strategy.
• Send large claims reporting for nurse review.
• Develop strategic relationships with sales, brokers, third-party administrators (TPAs), and other external and internal partners.
• Assist in developing annual business goals for assigned agents/producers; responsible for analyzing results and maintaining accountability of agency partners within the department.
• Provide feedback to Senior Management to develop Underwriting policies and procedures as necessary.

Qualifications

• Keen knowledge of Medical Underwriting practices and principles.
• Strong communication and analytical skills to pursue new business and manage a significant renewal book.
• High awareness and understanding of healthcare payers, health plan administration, and medical service providers.

Requirements

• 3+ years of experience in medical stop loss underwriting and products.
• Bachelor’s Degree from an Accredited institution (preferred) or equivalent experience required.
• Willingness to travel multiple times per year to develop relationships.

Benefits

• We value inclusivity and diversity.
• Competitive compensation package.
• Generous 401K employer match.
• Employee Stock Purchase plan with employer matching.
• Generous Paid Time Off.
• Excellent benefits that go beyond health, dental & vision.
• A core C&F principle is that you manage your career, with support for development including tuition reimbursement, industry-related certifications, and professional training.
• A dynamic, ambitious, fun and exciting work environment.
• A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving.