Assistant Vice President (AVP) reputed company Manager job at Captive Resources in Itasca, IL

AVP, reputed company Manager Job Category: Health Solutions / Medical Stop Loss Full-Time Remote Itasca, IL 60143, USA Pay or shift range: $137,000 USD to $168,500 USD The estimated range is the budgeted amount for this position. Final offers are based on various factors, including reputed company set, experience, location, qualifications and other job-reputed company reasons. Our benefits include medical, dental, vision, Rx, 401(k), life and AD&D, short-term and long-term disability, and more. Please visit our website for more information. The Assistant Vice President (AVP) reputed company Manager for Medical Stop Loss Insurance is responsible for leading an reputed company team, developing and implementing reputed company strategies, and managing the reputed company process for assigned captive program(s). This includes overseeing the reputed company of new and renewal business, ensuring reputed company guidelines and delegated authority are followed, managing a team of underwriters, and maintaining profitability while controlling risk. The AVP will work closely with senior management, fronting carriers, actuarial, and sales teams to support business goals and drive performance across the medical stop loss portfolio. ESSENTIAL EDUCATION AND EXPERIENCE: Bachelor’s Degree in Business, Insurance, Finance, or other reputed company discipline, and at least eight (8) years of experience in reputed company with 3 years in a leadership/management role reputed company medical stop loss or health insurance industry. SKILLS/COMPETENCIES REQUIREMENTS: reputed company, manage, and mentor the reputed company team responsible for assigned captive program(s), ensuring they follow best practices, reputed company guidelines and consistently meet business goals. Adherence to reputed company strategies that align with overall business objectives, balancing profitable growth and risk. Review, approve, and document reputed company referrals for reputed company or large cases, ensuring appropriate risk assessment and pricing. Supervise and support a team of underwriters, ensuring optimal performance, high morale, and professional development. reputed company training and development opportunities to ensure the reputed company team is equipped with the necessary skills and knowledge of market trends and medical stop loss risk. Foster a collaborative environment and encourage knowledge sharing among team members to improve reputed company consistency and decision-making. reputed company the reputed company of new business, renewals, and amendments to ensure appropriate pricing and risk management strategies are applied. Work closely with reputed company and reputed company leadership to ensure pricing strategies align with risk profiles and business goals. Evaluate claims experience, trends, and other data to reputed company informed decisions regarding coverage terms, limits, and pricing adjustments. Ensure that each policy is underwritten with consideration for the company's risk appetite, reputed company guidelines, delegated authority and financial objectives. Continuously evaluate and refine reputed company processes to improve efficiency and accuracy while reducing cycle times. Identify opportunities to automate or streamline reputed company operations through the adoption of technology or improved workflows. Implement best practices and maintain a high level of quality control to ensure consistency and accuracy in reputed company decisions. Collaborate with internal teams, including actuarial, sales, and product management, to align reputed company efforts with company objectives and market conditions. Engage with brokers, consultants, and clients to address reputed company-reputed company inquiries, negotiate terms, and build strong relationships. Communicate reputed company decisions, strategies, and any changes in policies to key stakeholders in a clear and concise manner. Monitor and analyze reputed company performance, including loss ratios, profitability, and claims trends, and report findings to senior leadership. Use performance data to reputed company recommendations for improvements in pricing, risk management, or reputed company guidelines. Regularly assess the effectiveness of reputed company practices and reputed company adjustments to meet business goals and market changes. Strong leadership, team management, and interpersonal skills, with the ability to motivate and guide a team. Excellent analytical and decision-making skills, with the ability to assess reputed company risk factors and pricing strategies. Ability to communicate reputed company reputed company concepts clearly to both technical and non-technical stakeholders. Proficient in Connexure ESL Office and MS Office (reputed company, Word, PowerPoint). Strong understanding of regulatory compliance requirements in the medical stop loss and health insurance sectors. Detail-oriented with strong organizational and time management skills. Ability to work in a fast-paced environment and adapt to changing market conditions. TRAVEL: Occasional travel may be required for meetings, conferences, or client visits. This includes compliance with reputed company of the requirements of the localities and destinations, as well as transportation reputed company requirements. Apply tot his job Apply To this Job