Description
Provides leadership to the Commercial and Specialty Business Division (CSBD) Underwriting team for The State of New York as well as financial leadership and decision support to both sales and the State Plan President and strategic consultation for new sales and account renewals.
The ideal candidate will be able to leverage resources and partnerships, internally and externally (clients and consultants), and act as a key contributor to commercial business growth for the State of New York.
The RVP is responsible for leading, developing ad overseeing the implementation of policies and strategies that maintain a balance of profitability, growth, and risk management for the state. In addition to oversite of all underwriting activities for the New York Small and Large Group business segments.
Essential duties include but are not limited to:
-
Monitors and influences the profitability of renewal and prospect employer groups in accordance with Corporate Guidelines
-
Adjusts business strategies in response to competitor and regulatory changes and challenges
-
Establishes underwriting policies and rating procedures and communicates any changes to staff and ensures compliance
-
Oversees the issuance of standard financial arrangement contracts and creates wording for non-standard or new financial arrangements
-
Utilizes in-depth knowledge of formulas, trending, reserving procedures, and claims to implement and consult with sales staff on the appropriateness of specific financial arrangements, ASO arrangements, and reinsurance provisions
-
Participates in strategic planning and management decisions
-
Develops and manages department budget within Corporate guidelines
-
Develops relationships with external business partners and clients
-
Hires, trains, coaches, counsels, and evaluates the performance of direct reports
Qualifications:
-
Bachelor's degree in related field required, MBA preferred
-
A minimum of 10 years of progressive experience in underwriting, financial reporting, analysis, strategic planning, and leadership experience.
-
Strategic thinker with a broad and deep understanding of the healthcare industry
-
Exceptional written and oral communication skills, including the ability to present to executive leadership and externally
-
Excellent leadership and interpersonal skills, including relationship management, persuasion, and negotiation skills
-
ASO and Reinsurance underwriting.
-
Strong software skills and demonstrated planning, project management, analytical and research skills are strongly preferred
-
Travel – up to 10%
Preferred Skills, Capabilities, and Experiences:
-
Experience with the New York market is highly preferred.
-
New York State regulatory experience across all business lines
(Commercial, Labor, Municipalities and PEO, ASO, and Fully Insured)
-
The ability to report to the NYC office is highly preferred.
Internal Job Title: RVP Underwriting II
For candidates working in person or remotely in the below locations, the salary* range for this specific position is $185,600 to $278,400.
Locations: Jersey City, NJ; New York City, NY; Ithaca, NY and Westchester County, NY
In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase, and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the company. The company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws .
* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
Please be advised that Elevance Health only accepts resumes from agencies that have a signed agreement with Elevance Health. Accordingly, Elevance Health is not obligated to pay referral fees to any agency that is not a party to an agreement with Elevance Health. Thus, any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Be part of an Extraordinary Team
Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. A Fortune 20 company with a longstanding history in the healthcare industry, we are looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. You will thrive in a complex and collaborative environment where you take action and ownership to solve problems and lead change. Do you want to be part of a larger purpose and an evolving, high-performance culture that empowers you to make an impact?
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19. If you are not vaccinated, your offer will be rescinded unless you provide – and Elevance Health approves – a valid religious or medical explanation as to why you are not able to get vaccinated that Elevance Health is able to reasonably accommodate. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health has been named as a Fortune Great Place To Work in 2022, has been ranked for five years running as one of the 2023 World’s Most Admired Companies by Fortune magazine, and is a growing Top 20 Fortune 500 Company. To learn more about our company and apply, please visit us at careers.ElevanceHealth.com. Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact ability@icareerhelp.com for assistance.