Prime Therapeutics Director Underwriting - Remote in Topeka, Kansas
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
Director Underwriting - Remote
The Director of Underwriting is responsible for leading the Underwriting team responsible for providing information, analyses, and RFP support for the Organization to develop recommendations for pricing terms and structure. This position is responsible for providing overall direction and leadership to the underwriting teams, which includes oversight of both direct and carve-in lines of business. The Director is also responsible for serving as an expert consultant on matters pertaining to underwriting, performance guarantees, margin, and other financial considerations.
Provides both strategic direction and day to day guidance to a team of underwriters and managers, to maintain expert underwriting support and meet the needs of the organization
Works with Blue Plan Underwriting and Sales Executive leadership to develop, drive, and execute ASO pricing and margin strategies
Oversees and coordinates workflow for the underwriting team
Works with proposal unit to ensure responses, including pertinent definitions and caveats, for the financial responses to all RFPs are complete and accurate
Consults with Legal and Client Engagement to ensure, contractual deal terms, caveats, and other pertinent information is accurate and supports the deal as underwritten
Responsible for ensuring standard operating procedures are adhered to and that all bids are properly tracked and documented
Collaborate with management on staffing plans, productivity metrics and initiatives to improve efficiencies within the department
Other duties as assigned
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
8 years of related experience and/or training
5 years of leadership/people management experience
Must be eligible to work in the United States without need for work visa or residency sponsorship
In-depth knowledge of mathematical applications used in underwriting function 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
Exceptional communication skills; ability to distill complex material into easy to understand presentations, effectively respond to questions and engage a variety of audiences
Strong team player with a customer service approach
Ability to effectively communicate with Senior Leadership Team and Executive Leadership Team. Presents recommendations to Executive Leadership on new pricing methodologies and follows through on execution of key strategies
Ability to persuade and influence executive leadership at Prime, current Blue and prospective Blue plans with key initiatives to support margin and growth objectives for the self-insured pharmacy market
Ability to negotiate with difficult external audiences and partners to support Prime and Blue plan objectives
- 3 years of experience as an Underwriting Manager with 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
- Reports to Sr Director Financial Modeling in the Finance department
Potential pay for this position ranges from $122,700.00 - $196,100.00 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.
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.