Symetra has an exciting new opportunity to join our team as a Stop Loss Underwriter!
About the role
In this role you will be responsible for risk-based underwriting of new and/or existing accounts. You’ll be accountable for the achievement of profit, persistency, and growth goals through financial analysis of employer groups.
What you will do
- Determine level of risk based on established guidelines.
- Analyze information on past claim history and other standard criteria.
- Determine needed rate level using multiple tools, including a medical evaluation of ongoing large claimant concerns.
- Develop and determine appropriate aggregate factors.
- Release final rates and factors.
- Accountable for profitability and all risk-based decisions.
- Block Management: Manage Performance of New and/or Existing Accounts for assigned territories in the following areas:
- Target final effective renewal rate increases
- Provide competitive feedback on rates/factors and products to management. Recommend improvements in underwriting and marketing strategies.
- Participate in underwriting projects and cross training initiatives.
- Daily interaction with agents, field staff, marketing reps and other underwriters to maintain consistency and support department workflow.
- Build and maintain excellent client, rep, TPA and internal personnel relations.
Why Work at Symetra
Here’s what some of our employees have to say about why they work at Symetra:
"Join. It's that simple. You won't find a better company that can draw out your potential in ways you didn't know you had." - Andrew H., Associate Underwriter
“Symetra is truly a great place to work. The positive work climate, strong sense of team, and the resources available make it feel like one cohesive family. What stands out most to me is the company’s deep commitment to diversity, equity, and inclusion—it’s not just a statement, it’s an active and ongoing priority that’s felt throughout the organization.” -Charlotte G., Sr. Underwriter - Consultant Stop Loss
What we offer you
Benefits and Perks
We don’t take a “one-size-fits-all” approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.
- Flexible full-time or hybrid telecommuting arrangements
- Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
- Paid time away including vacation and sick time, flex days and ten paid holidays
- Give back to your community and double your impact through our company matching
- Want more details? Check out our Symetra Benefits Overview
Compensation
Salary Range: $72,700 – $121,000 plus eligibility for annual bonus program