Manager - UW Specialty Business, CVS Health

Manager - UW Specialty Business

CVS Health

Location:

United States, Hartford

Category:

Finance

Contract Type:

Employment contract

Salary:

60300.00 - 145860.00 USD / Year

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Job Description:

Performs underwriting analysis and risk assessment for large group contracts, prepares and delivers new business quotes and renewals, provides accurate customer-specific documents, collaborates with sales personnel, supports process improvements, and assists less experienced underwriters in skill development.

Job Responsibility:

Performs underwriting analysis and risk assessment for new and/or renewal of large group contracts and accountings
Prepares and delivers moderately complex new business quotes, existing business renewals and/or accountings
Independently reviews work for accuracy and recommends pricing and/or accounting alternatives based on financial analysis, underwriting principals, and business strategy
Utilizes advanced functionality of underwriting tools, systems, and reference materials to produce accurate quotes, renewals and/or accountings
Applies underwriting guidelines and grants underwriting exceptions/financial variances for their assigned cases within the authority limit for the position
Assists sales personnel in explaining rate/fee, accounting balance development and communicating underwriting policy
May present information to employers, brokers and consultants
Produces timely and accurate customer specific documents, deliverables and accounting related information
Ensures the pricing supports the quote/renewal strategy
Assists department with projects or workgroups
Identifies and supports process improvement through automation or process change
Conducts audits on premiums, fees and claim wires to ensure all receivables are accurate and accounted for
Tracks and approves customer allowances or MBE/WBE goals using compliance guidelines
Assists less experienced underwriters in development of technical skills or specific subject matter

Requirements:

Bachelor's Degree or equivalent experience
3+ years’ experience in underwriting/accounting concepts, pricing methodologies and funding arrangements
Prior experience in pharmacy underwriting
Experience working with standard Microsoft Office product
Demonstrated success in collaborating with others to meet/exceed expectations
Demonstrated ability to utilize analytical and independent thinking skills
Demonstrated success prioritizing work and the ability to multi-task in a fast-paced environment
Experience providing clear and concise written and verbal communications

What we offer:

Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan
No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching
Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility

Additional Information:

Job Posted:

March 19, 2025

Expiration:

May 30, 2025

Employment Type:

Fulltime

Work Type:

Remote work

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