Description

Medical Associates Clinic & Health Plans is seeking an Underwriting & Financial Analyst to join their team! 

The Role:
Underwrite prospective and renewal business, perform pricing of insurance products.  Create and analyze reports needed for the Health Plan and Clinic decision-making. Ensure regulatory compliance by performing internal audits for Health Plan departments. Training and career growth opportunities available for dedicated individuals! 

Schedule: full-time, Monday – Friday 8am-5pm. This position offers the opportunity for hybrid work once fully trained.  

• Single or Family Health Insurance with discounted premium rates for wellness program participation.
• 401k with immediate matching (50% on the dollar up to 7% of pay + additional annual Profit Sharing)
• Flexible Paid Time Off  Program (24 days off/year)
• Medical and Dependent Care Flex Spending Accounts
• Life insurance, Long Term Disability Coverage, Short Term Disability Coverage, Dental Insurance, etc.

Skills:
Essential skills include financial or mathematics background, proficiency in Microsoft products, especially Excel.
Ideal candidates will have experience with advance excel functions such as VLOOKUPS and pivot tables, auditing background.
Bonus skills include experience with SQL, medical/clinic, audits, and/or insurance background.

Key Responsibilities

• Perform and document the process for internal Medicare audits in order to ensure company wide compliance.
• Utilize established medical underwriting practices to evaluate risk and rate calculations of all prospective rate proposals and renewals on a regular basis.
• Prepare established monthly, quarterly, and annual reports.
• Perform Stop Loss Marketing, including but not limited to: creation of necessary reports, submission of data and quote request to Carriers, recap market search and create quote spreadsheets. Review Stop Loss Policies and Applications for accuracy against quoted terms. Work with Account Executives and Directors as necessary to provide information about quotes and stop loss.
• Prepare for year end financial and compliance audits by contracted auditors and state regulators.
• Complete all other assigned projects and duties as assigned.

Knowledge & Skills:
Experience: One to three years of similar or related experience.

Education: Equivalent to 4 year/Bachelors degree (finance or math preferred)

Interpersonal Skills: A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and/or is usually of a personal or sensitive nature. Work may involve motivating or influencing others. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary.

Physical Aspects:

Reaching - Extending hand(s) and arm(s) in any direction.

Lifting - Raising objects from a lower to a higher position or moving objects horizontally from position-to-position. This factor is important if it occurs to a considerable degree and requires the substantial use of the upper extremities and back muscles.

Fingering - Picking, pinching, typing or otherwise working, primarily with fingers rather than with the whole hand or arm as in handling.

Grasping - Applying pressure to an object with the fingers and palm.

Talking - Expressing or exchanging ideas by means of the spoken word. Those activities in which they must convey detailed or important spoken instructions to other workers accurately, loudly or quickly.

Hearing - Perceiving the nature of sound with or without correction. Ability to receive detailed information through oral communication and to make fine discriminations in sound, such as when making fine adjustments on machined parts.

Vision - 20 / 40 or better in the best eye with or without correction.

Repetitive Motions - Substantial movements (motions) of the wrists, hands and/or fingers.

Sedentary Work - Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Environmental Conditions: None - The worker is not substantially exposed to adverse environmental conditions (such as in typical office or administrative work).

Medical Associates Clinic & Health Plans is an equal opportunity employer committed to a diverse and inclusive workforce. Applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, age, national origin, marital status, parental status, disability, veteran status, or other distinguishing characteristics of diversity and inclusion, or any other protected status. Please view Equal Employment Opportunity Posters provided by OFCCP https://www.eeoc.gov/poster