Job Information
Prime Therapeutics Underwriting Manager - Remote in Lansing, Michigan
Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.
Job Posting Title
Underwriting Manager - Remote
Job Description
The Manager of Underwriting is responsible for managing the underwriting activities of a team of underwriters for existing clients at Prime Therapeutics. This position is responsible for serving as a consultant on matters pertaining to underwriting, performance guarantees, competitive pricing tactics, and other financial considerations. The Manager is also responsible for maintaining and applying knowledge of pricing strategies in the PBM industry.
Responsibilities
Oversees and coordinates workflow for the existing client underwriting group
Manages a team of underwriters in support of the underwriting process; responsible for guidance and development of direct reports
Coordinates modeling and tracking of revenue streams generated by existing clients
Provides support to Sales and Client Engagement, assisting in the development of client presentations and negotiations pertaining to pricing and guarantees
Engages with Sales and Client Engagement to provide input into the development of client specific pricing strategies
Monitors trends and identifies the need for new or revised procedures and practices to achieve profit, sales and retention objectives
Participates in development of methodologies, models, and reports to support objectives of the position
Develops key internal relationships with business partners to ensure efficient and effective business processes and transactions
Other duties as assigned
Minimum Qualifications
Bachelor’s degree in Mathematics, Accounting, Finance or related are of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required
6 years of related work experience and/or training
1 year of leadership/people management experience
Must be eligible to work in the United States without need for work visa or residency sponsorship
Additional Qualifications
Knowledge of mathematical applications used in underwriting functions including the ability to calculate figures such as discounts, proportions and percentages, as well as the ability to apply basic concepts of business mathematics and algebra in underwriting problems.
Ability to effectively present information and respond to questions in one-on-one or small group situations
Excellent written and verbal communication skills
Ability to communicate effectively with Senior Leadership Team
Works well under stressful situations with competing deadlines and goals
Ability to thrive working as an individual or in a team setting
Preferred Qualifications
2 years of experience as a Senior Underwriter or Benefits Consultant
PBM experience
Minimum Physical Job Requirements
Constantly required to sit, use hands to handle or feel, talk and hear
Frequently required to reach with hands and arms
Occasionally required to stand, walk and stoop, kneel, and crouch
Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus
Reporting Structure
- Reports to Director Underwriting in the Finance department
Potential pay for this position ranges from $94,700.00 - $151,300.00 based on experience and skills. Pay range may vary by 8% depending on applicant location.
To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page (https://www.primetherapeutics.com/careers/benefits/) and click on the "Benefits at a glance" button for more detail.
Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, genetic information, marital status, family status, national origin, age, disability, veteran status, or any other legally protected class under federal, state, or local law.
Positions will be posted for a minimum of five consecutive workdays.
Prime Therapeutics' fast-paced and dynamic work environment is ideal for proactively addressing the constant changes in today's health care industry. Our employees are involved, empowered, and rewarded for their achievements. We value new ideas and work collaboratively to provide the highest quality of care and service to our members.
If you are looking to advance your career within a growing, team-oriented, award-winning company, apply to Prime Therapeutics today and start making a difference in people's lives.
Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1.866.469.1257 or email Careers@primetherapeutics.com.
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