Underwriter- New Business

We’re in this for the greater good at ParetoHealth. Our mission is collective greatness, nothing less will do. Our team is a single force united in the drive to transform employee health benefits. The company was founded in 2011 to help small and medium-sized businesses fight the rising cost of employee health benefits. We blazed the trail with financing innovations that reduce the risks in self-insurance and deliver significant savings—and we continue to lead with a growing ecosystem of partners and world-class cost control solutions. But success is measured by more than dollars alone and we measure ours by the good that comes from knowing that every client and all their employees can count on effective, affordable healthcare for years to come. Please note that ParetoHealth does not provide employment visa sponsorship for this position. Candidates must be authorized to work in the United States without sponsorship both now or in the future. Position Overview: Pareto Health is seeking a dedicated and detail-oriented Underwriter to join our team. This role is crucial in assessing and managing the risks associated with self-funded and fully insured health plans, using stoploss insurance. The ideal candidate will bring a foundational understanding of analyzing health risks and developing stoploss strategies that align with our commitment to providing innovative and cost-effective healthcare solutions to our clients. Key Responsibilities: Support the underwriting process using a best-in-class captive offering to create profitable stoploss offerings for prospective captive members. Conduct preliminary risk assessments of prospective Pareto captive members, who are currently both fully insured and self-funded health plans, to assist in determining appropriate stoploss coverage levels and premiums. Assist in analyzing healthcare data, including claims and utilization patterns, to forecast potential risks and cost implications. Collaborate with the Sales team to provide consultants with the necessary financial information required to join the captive. Adapt to working in an environment of incomplete information. Stay informed about competitive market dynamics and respond appropriately. Work under the guidance of senior underwriters to enhance underwriting skills and knowledge. Participate in ongoing training to develop a deeper understanding of medical treatments and projected costs in partnership with the clinical risk team. Ensure adherence to industry standards and legal requirements in all underwriting decisions and practices. Required Skills & Qualifications: Bachelor’s degree in finance, economics, actuarial science, or a related field; relevant professional certifications