Manager Underwriting - REMOTE

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Hiring Remotely in Home, PA
In-Office or Remote
94K-160K Annually
Insurance
The Role

Our work matters. We help people get the medicine they need to feel better and live well.  We do not lose sight of that. It fuels our passion and drives every decision we make.

Job Posting Title

Manager Underwriting - REMOTEJob Description

The Manager of Underwriting is responsible for managing the underwriting activities of a team of underwriters for existing clients at Prime Therapeutics. This position is responsible for serving as a consultant on matters pertaining to underwriting, performance guarantees, competitive pricing tactics, and other financial considerations. The Manager is also responsible for maintaining and applying knowledge of pricing strategies in the PBM industry.

Responsibilities

  • Oversees and coordinates workflow for the existing client underwriting group
  • Manages a team of underwriters in support of the underwriting process; responsible for guidance and development of direct reports
  • Coordinates modeling and tracking of revenue streams generated by existing clients
  • Provides support to Sales and Client Engagement, assisting in the development of client presentations and negotiations pertaining to pricing and guarantees
  • Engages with Sales and Client Engagement to provide input into the development of client specific pricing strategies
  • Monitors trends and identifies the need for new or revised procedures and practices to achieve profit, sales and retention objectives
  • Participates in development of methodologies, models, and reports to support objectives of the position
  • Develops key internal relationships with business partners to ensure efficient and effective business processes and transactions
  • Other duties as assigned

Education & Experience

  • Bachelor's degree in Mathematics, Accounting, Finance or related are of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required
  • 6 years of related work experience and/or training
  • 1 year of leadership/people management experience
  • Must be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications

  • Knowledge of mathematical applications used in underwriting functions including the ability to calculate figures such as discounts, proportions and percentages, as well as the ability to apply basic concepts of business mathematics and algebra in underwriting problems.
  • Ability to effectively present information and respond to questions in one-on-one or small group situations
  • Excellent written and verbal communication skills
  • Ability to communicate effectively with Senior Leadership Team
  • Works well under stressful situations with competing deadlines and goals
  • Ability to thrive working as an individual or in a team setting

Preferred Qualifications

  • 2 years of experience as a Senior Underwriter or Benefits Consultant
  • PBM experience

Physical Demands

  • Constantly required to sit, use hands to handle or feel, talk and hear
  • Frequently required to reach with hands and arms
  • Occasionally required to stand, walk and stoop, kneel, and crouch
  • Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
  • Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus

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.

Potential pay for this position ranges from $94,000.00 - $160,000.00 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.

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 (pregnancy, sexual orientation, and gender identity), 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.

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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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