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Senior Analyst, Underwriter

https://www.cvshealth.com/ Logo

CVS Health

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Location:
United States, Annapolis

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Category:
Insurance

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Contract Type:
Employment contract

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Salary:

46988.00 - 112200.00 USD / Year

Job Description:

This Underwriting role is for Meritain Health, an independent subsidiary of Aetna and CVS, and one of the nation's largest employee benefits administrators. The Meritain Health underwriting department supports the attainment of organizational goals through the issuance of prospective and existing business quotations and proposals, including administrative fee pricing, stop loss, RFP questionnaire responses, and plan consultation. This position will work on a diversified book of business including Mid-Market, Select/Key Accounts, Small Group, and Captive/Alternate channels.

Job Responsibility:

  • Provide guidance and consultation to our Sales and Client Management teams on pricing and stop loss strategies
  • Prepares and issues quotations and other financial deliverables for prospective and existing business while meeting established departmental TAT goals
  • Prepares financial projections on prospects utilizing financial models in Excel and Salesforce
  • Marketing and placement of stop loss policies, negotiating terms based upon claims data, strategy, relationships, and cost avoidance/reduction efforts
  • Works with leaders from key functional areas to understand potential impacts for custom requests
  • Manages and interprets operational data and applies to fee development and financial analysis
  • Presents to internal/external customers, constituents, and business partners
  • Displays a clear understanding of the Meritain products and services along with strong business and systems knowledge
  • Develops and participates in presentation to existing and prospective customers, business partners and internal business areas
  • Collaborates with leadership in Sales to determine the appropriate product mix to issue on proposals that target reducing total cost of care for the plan sponsor
  • Independently assists sales and client management personnel in explaining rates/fees and communication of underwriting and stop loss policies
  • Establishes and maintains a positive and productive relationship with sales, client management, our stop loss panel and internal partners

Requirements:

  • 1-2 Years of applicable medical insurance experience: brokers (producers), carriers, third-party administrators, benefit analysis, underwriting, rating methodologies, or policy marketing, etc.
  • Excellent verbal and written communication skills
  • Exceptional problem solving and decision-making skills
  • Demonstrated analytical skills
  • Intermediate/Advanced Excel

Nice to have:

Salesforce and/or Tableau experience

What we offer:
  • Affordable medical plan options
  • 401(k) plan (including matching company contributions)
  • employee stock purchase plan
  • No-cost programs including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching
  • Paid time off
  • flexible work schedules
  • family leave
  • dependent care resources
  • colleague assistance programs
  • tuition assistance
  • retiree medical access

Additional Information:

Job Posted:
June 13, 2025

Expiration:
June 16, 2025

Employment Type:
Fulltime
Work Type:
Remote work
Job Link Share:
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