Large Group Stop Loss Underwriter

Description: Allied is looking for an experienced Medical Underwriter who has worked within large group and stop loss to join our growing team. The Large Group Medical Stop Loss Underwriter will work closely with the Head of MGU and be responsible for evaluating, pricing, and managing risk for large employer-sponsored self-funded health plans. They will also be responsible for the development, implementation, and ongoing refinement of large group capabilities, including rate manuals, underwriting guidelines, tools, processes, and related governance practices. A qualified candidate must have advanced underwriting expertise, financial analysis experience, and have demonstrated capabilities to develop competitive and profitable Stop Loss solutions for both new business and renewals. The Underwriter will partner closely with brokers, consultants, and other business partners to drive growth, maintain profitability, and support strategic business objectives.

Perform medical and financial analysis of ongoing high-cost claims and emerging risks. Pricing & Financial Analysis Develop and justify pricing using underwriting tools, actuarial models, and independent judgment. Determine rate levels, aggregate factors, and cost-of-risk assumptions. Issue final rates and maintain accountability for all pricing decisions. New Business & Renewals Drive new business production while maintaining underwriting discipline and profitability targets Manage a portfolio of assigned accounts with responsibility for: Renewal rate development Persistency and retention Loss ratio performance Portfolio Management & Profitability Own profitability and performance of assigned block of business. Monitor key metrics such as loss ratios, close ratios, and renewal increases. Identify adverse trends and take proactive corrective action. Ensure adherence to underwriting guidelines, authority levels, and regulatory standards. Coordinate cross-functionally to support stop loss policy issue, premium collection and claim approvals.