Job Summary
We are seeking a dynamic and detail-oriented Stop Loss Underwriting Coordinator to join our team. In this vital role, you will oversee the underwriting process related to stop loss insurance policies, ensuring accurate risk assessment, compliance with industry regulations, and effective communication with clients and internal teams. Your expertise will help optimize portfolio management, mitigate risk, and support the delivery of tailored insurance solutions. This position offers an exciting opportunity to apply your financial analysis skills and industry knowledge in a fast-paced, collaborative environment dedicated to excellence.
Duties
- Conduct comprehensive financial statement analysis and interpret complex financial data to assess client risk profiles and underwriting eligibility.
- Collaborate with underwriters and clients to negotiate policy terms, coverage limits, and premium structures that align with industry standards and client needs.
- Utilize advanced Excel data analysis techniques and financial software tools to evaluate risk exposure, forecast potential losses, and support decision-making processes.
- Perform detailed risk analysis by collecting relevant data, analyzing cash flow statements, and applying quantitative research methods to inform underwriting decisions.
- Ensure compliance with all relevant industry regulations, including financial reporting standards and loan or insurance-specific legal requirements.
- Assist in loan processing, mortgage servicing, or commercial lending activities where applicable, ensuring adherence to credit analysis protocols.
- Prepare clear, comprehensive financial reports and documentation for internal review and client communication while maintaining accuracy in all records.
Experience
- Proven experience in underwriting within the insurance or financial services industry, particularly involving stop loss or commercial insurance products.
- Strong background in financial statement interpretation, credit analysis, and risk assessment methodologies.
- Demonstrated proficiency with Microsoft Office Suite, especially Excel for data analysis and modeling purposes.
- Knowledge of accounting principles, financial concepts, and compliance regulations relevant to insurance underwriting or lending activities.
- Familiarity with financial software platforms used for data collection, risk modeling, and portfolio management.
- Excellent negotiation skills combined with the ability to communicate complex financial information clearly to clients and team members.
- Industry knowledge of financial regulations governing insurance policies, commercial lending practices, or mortgage servicing is highly desirable.
Join us as a Stop Loss Underwriting Coordinator to leverage your analytical expertise and industry insight in a role that challenges you daily while supporting our commitment to delivering exceptional insurance solutions!
Pay: From $40,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Work Location: Hybrid remote in Lansdale, PA 19446
