Underwriter

Underwriter

About Gravie

Gravie is a healthcare company revolutionizing the way people access and purchase healthcare through innovative, consumer-centric health benefit solutions. We are a well-capitalized company with a unique culture that values non-hierarchical, merit-driven, and opinionated individuals who thrive in a high-performance environment.

Job Summary

We are seeking a skilled and experienced Underwriter to join our growing team. In this role, you will independently underwrite new business and renewals, utilizing Gravie's proprietary underwriting engine. You will assess group-level risk, generate competitive pricing proposals, and collaborate with cross-functional teams to drive underwriting best practices and refine plan designs.

Responsibilities

• Independently underwrite new business and renewals using Gravie's proprietary underwriting engine.
• Analyze group-level risk, claims experience, demographic data, and utilization trends to generate competitive pricing proposals.
• Collaborate with Sales, Account Management, and Product teams to implement underwriting best practices and refine plan designs.
• Communicate rates and plan details to Sales and Account Management teams.

Qualifications

• 3-5 years of underwriting experience, including 1-2 years with stop loss and/or level-funded health plans.
• Proven ability to independently underwrite standard and moderately complex cases.
• Strong analytical and technical skills with a keen eye for detail.
• Excellent communication skills, with the ability to confidently interact with internal and external stakeholders.
• Proven ability to manage multiple priorities and deadlines effectively with minimal supervision.

Compensation & Benefits

• Salary range: $58,600 - $97,600 annually.
• Comprehensive benefits package including alternative medicine coverage, flexible PTO, paid parental leave, paid holidays, 401k program, cell phone reimbursement, transportation perks, education reimbursement, and 1 week of paid paw-ternity leave.

Qualifications

Required:

• Bachelor's degree in a relevant field (e.g., Actuarial Science, Finance, Business Administration) or equivalent experience.
• 3-5 years of demonstrated experience in health insurance underwriting, with a minimum of 1-2 years specializing in stop loss and/or level-funded health plans.
• Proven ability to independently underwrite a range of cases, from standard to moderately complex, utilizing underwriting guidelines and proprietary systems.
• Strong analytical and problem-solving skills, with a demonstrated ability to interpret data, identify trends, and make sound underwriting decisions.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal teams (Sales, Account Management, Product) and external stakeholders.
• Proficiency in Microsoft Office Suite, particularly Excel.

Preferred:

• Experience with health insurance pricing models and actuarial principles.
• Familiarity with industry regulations and compliance requirements.
• Strong organizational skills and the ability to manage multiple priorities effectively in a fast-paced environment.

Key Responsibilities

• Underwrite New Business and Renewals: Independently assess and underwrite new group health plan applications and renewals using Gravie's proprietary underwriting engine.
• Analyze Risk and Price Plans: Evaluate group-level risk factors, including claims experience, demographic data, and utilization trends, to generate competitive pricing proposals.
• Collaborate with Cross-Functional Teams: Work closely with Sales, Account Management, and Product teams to implement best underwriting practices and refine plan designs.
• Communicate Pricing and Plans: Effectively communicate quoted rates and plan details to Sales and Account Management teams, ensuring clear understanding and alignment.
• Maintain Underwriting Standards: Adhere to established underwriting guidelines and regulations, ensuring accuracy and compliance in all underwriting activities.

Gravie Underwriter Hiring Workflow

1. Application Review: AI-powered screening analyzes resumes for required skills and experience.

2. Phone Screening: HR conducts brief calls to assess communication skills and cultural fit.

3. Skills Assessment: Candidates complete a technical assessment evaluating underwriting knowledge and analytical abilities.

4. Interview Rounds:

• First Interview: Hiring manager discusses role responsibilities and evaluates candidate's experience.
• Second Interview: Panel interview with team members focusing on problem-solving, collaboration, and communication.

5. Reference Checks: Verifying candidate's previous work experience and performance.

6. Decision & Offer: The hiring team makes a final decision and extends a competitive offer package.

This streamlined process ensures a fair and efficient evaluation of candidates, ultimately leading to the selection of the best fit for Gravie's dynamic team.

About Gravie

Gravie is revolutionizing the healthcare landscape by providing innovative, consumer-centric health benefit solutions. We empower individuals and businesses to make smarter choices about their healthcare through transparent, flexible, and affordable plans.

Driven by a unique culture that values meritocracy, collaboration, and bold ideas, Gravie fosters an environment where passionate individuals can thrive. We are a well-capitalized company committed to making a real difference in the lives of our members and employees.

At Gravie, we believe in building a better future for healthcare, and we're looking for talented individuals to join us on this journey.