Director Underwriting - Remote

Posted Yesterday
Be an Early Applicant
Hiring Remotely in Home, PA, USA
In-Office or Remote
124K-211K Annually
Senior level
Insurance
The Role
Leads multiple underwriting teams and oversees pricing strategy, financial analysis, competitive proposals, and underwriting operations. Develops ASO pricing and margin strategies, ensures accurate RFP financial responses, partners with Legal and Client Engagement, maintains underwriting controls, tracks bids, and improves productivity. Provides strategic guidance to managers and supports executive leadership, client relationships, staffing plans, and transformational initiatives.
Summary Generated by Built In

At Prime Therapeutics (Prime), we are a different kind of PBM, with a purpose beyond profits and a unique ability to connect care for those we serve. Looking for a purpose-driven career? Come build the future of pharmacy with us.

Job Posting Title

Director Underwriting - RemoteJob Description

The Director, Underwriting is responsible for leading multiple underwriting teams and driving pricing strategy, financial analysis, and competitive proposal development. This position oversees underwriting operations across client segments while ensuring financial performance, market competitiveness, and consistent underwriting practices. The Director partners across the organization to influence business strategy, support growth objectives, and deliver sustainable financial outcomes.


Responsibilities

  • Provides both strategic direction and day to day guidance to underwriting managers to maintain expert underwriting support and meet the needs of the organization
  • Works with Blue Plan Underwriting and Sales Executive leadership to develop, drive, and execute ASO pricing and margin strategies
  • Oversees and coordinates workflow for the underwriting team
  • Works with proposal unit to ensure responses, including pertinent definitions and caveats, for the financial responses to all RFPs are complete and accurate
  • Consults with Legal and Client Engagement to ensure, contractual deal terms, caveats, and other pertinent information is accurate and supports the deal as underwritten
  • Ensures standard operating procedures are adhered to and that all bids are properly tracked and documented; Collaborates with management on staffing plans, productivity metrics and initiatives to improve efficiencies within the department
  • Provides direct support and consultation to Blue Plan Leadership
  • Other duties as assigned

Minimum Qualifications

  • Bachelor's degree in Mathematics, Accounting, Finance or related are of study, or equivalent combination of education and/or relevant work experience; HS diploma from an accredited school or equivalent GED required
  • 8 years of underwriting, healthcare finance, pricing, consulting, actuarial, or related experience
  • 5 years of leadership/people management experience
  • Must be eligible to work in the United States without the need for work visa or residency sponsorship

Additional Qualifications

  • Advanced underwriting and financial acumen, including application of business mathematics, algebra, discounts, percentages, and analytical modeling to develop pricing and underwriting solutions
  • Executive-level communication and presentation skills with the ability to translate complex concepts into clear, actionable recommendations for diverse audiences
  • Proven ability to influence, persuade, and gain alignment from senior and executive leaders on pricing strategies, underwriting methodologies, and business initiatives
  • Strong relationship management, customer-focused collaboration, and partnership skills with internal stakeholders, Blue Plans, and prospective clients to achieve growth and margin objectives
  • Skilled negotiator capable of navigating complex, high-stakes discussions with external partners and challenging stakeholders to advance strategic business outcomes

Preferred Qualifications

  • Master's degree in Business Administration, Finance, Healthcare Administration, Economics, or related field
  • PBM, healthcare payer, managed care, or healthcare consulting experience
  • Experience leading enterprise pricing or underwriting initiatives
  • Experience supporting executive-level client relationships
  • Demonstrated success leading transformational change initiatives, influencing business decisions, and financial outcomes

Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures


Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job

Potential pay for this position ranges from $124,000.00 - $211,000.00 based on experience and skills.

To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail (https://www.primetherapeutics.com/benefits).

Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.  

We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.

Prime Therapeutics LLC is a Tobacco-Free Workplace employer.

Positions will be posted for a minimum of five consecutive workdays.

Skills Required

  • Bachelor's degree in Mathematics, Accounting, Finance, or a related field, or equivalent education and relevant work experience
  • High school diploma or GED from an accredited school
  • 8 years of underwriting, healthcare finance, pricing, consulting, actuarial, or related experience
  • 5 years of leadership or people management experience
  • Eligible to work in the United States without work visa or residency sponsorship
  • Advanced underwriting and financial acumen, including business mathematics, algebra, discounts, percentages, and analytical modeling
  • Executive-level communication and presentation skills
  • Ability to influence senior and executive leaders on pricing strategies and business initiatives
  • Strong relationship management, customer-focused collaboration, and partnership skills
  • Negotiation skills for complex, high-stakes discussions
  • Master's degree in Business Administration, Finance, Healthcare Administration, Economics, or a related field
  • PBM, healthcare payer, managed care, or healthcare consulting experience
  • Experience leading enterprise pricing or underwriting initiatives
  • Experience supporting executive-level client relationships
  • Success leading transformational change initiatives and influencing financial outcomes

Prime Therapeutics Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Prime Therapeutics and has not been reviewed or approved by Prime Therapeutics.

  • Healthcare Strength — Health coverage is described as comprehensive, with medical, dental, and vision options and plan designs that include low deductibles for some choices. Wellness screenings and related incentives add perceived value to the health offering.
  • Retirement Support — Retirement benefits stand out through a 401(k) match that is characterized as generous and immediately vested. This structure improves the overall long-term value of the total rewards package.
  • Strong & Reliable Incentives — Annual incentive bonuses are positioned as a meaningful component of total compensation and are often portrayed as substantial when performance goals are met. Incentive eligibility appears broadly available across roles, boosting the perceived completeness of rewards.

Prime Therapeutics Insights

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The Company
HQ: Eagan, MN
3,577 Employees
Year Founded: 1987

What We Do

Everything we do is connected to helping people get the medicine they need to feel better and live well. It’s meaningful work and we’ve been doing it for over 20 years. In the pharmacy benefit management (PBM)industry, we’re different. We’re owned by 18 not-for-profit Blue Cross and Blue Shield health plans. This allows us to control costs and empower our employees to put members first. It’s a successful combination. We have the lowest pharmacy trend in the industry and serve 28+ million members throughout the US. In addition to core PBM services, we work closely with our clients to implement the right benefit design, clinical and specialty programs, formulary and networks. A few key products: • NetResults™ • Specialty Drug Management • Best in Care™ • GuidedHealth® • Advanced Fraud, Waste and Abuse: Member and Prescriber Investigations • Prime Analytics™ • CareCentered Contracting™Controlled Substance Management Program Join us! Prime is always looking for smart, purposeful people to join our team. We’re growing fast which means there are plenty of opportunities to advance and grow in your career. At the same time, Prime supports flexibility and offers generous PTO so you can enjoy an enviable work/life balance. We’re a privately held company -big enough to make a difference and small enough for you to have an impact. Follow Prime on LinkedIn to learn more.

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