Underwriting Manager - PBM

  • Position ID #: PBM020320UND.
  • Location: New York City
  • Required Education: Bachelor's Degree
  • Salary Range: Competitive
  • Required Experience: Five Years (Minimum)
  • Commission Range: Bonus
  • Other: Benefits, Equity
  • Required Travel: N/A
  • Relocation: N/A

  • Description:
    Rapidly Growing Player in the Pharmacy Benefits Management (PBM) marketplace seeks Underwriting Manager to direct and execute day-to-day pricing and underwriting for new business opportunities.
     
    The clients involved include Self-funded Employer Groups (public-sector/government and private-sector), Labor & Union (Health/Welfare Funds), and Health Plans ranging in size from 1,000 – 50,000+ lives.
     
    The compensation plan includes a competitive salary, plus benefits, and equity.
    This position will be ideally filled “in-house” in the Company’s corporate office in NYC.  
    Some of the expected job functions include:
    • Coordinate with sales, RFP response, and other business functions to submit timely and complete RFP responses
    • Collaborate with Executive Team and other business functions (sales, marketing, account management) to design, refine, and maintain internal underwriting, financial modeling, and financial reporting SOPs
    • Support client contracting, including validation that contract terms align proposal underwriting parameters
    • Provide monthly, quarterly, and annual reporting to account management and finance departments
    • Support continued development and maintenance of underwriting and financial reporting system infrastructure
    • Continuously monitor plan performance against underwriting to identify risks and optimize financial modeling
    • Work collaboratively across the organization to communicate and support ongoing financial analytics and reporting needs
    • Support analysis and development of pricing models for new products
    • Support general business needs, as required
     

  • Requirements:
    The ideal candidate for this position has at least five (5) years of proven experience in financial analysis, actuarial services, accounting, pricing & underwriting in the Managed Care Industry, (with STRONG preference for the PBM market).
     
    Key Qualities:
     
    Undergraduate bachelor’s degree, with record of strong academic performance in Computer Science, Actuarial Science, Statistics, or Economics
     
    Advanced degree preferred, but not required
     
    PBM / health plan experience preferred
     
    5-7 years of proven experience in data & analytics, benefits consulting, financial consulting, etc.
     
    Experience performing complex analyses on large sets of data
     
    Knowledge of data management, statistics, modeling
     
    Experience working with structured and unstructured data
     
    Expert in SQL, Excel, and other data tools
     
    Track record of leading cross-functional initiatives, driving high performance, meeting deadlines, and executing on deliverables
     
    Ability to balance multiple complex projects simultaneously
     
    Exceptional written and verbal communication skills
     
    Extremely flexible, highly organized, and able to shift priorities easily
     
    Attention to detail & commitment to delivering high quality work product

    Qualified candidates should send their resumes in MS Word format to: mail@phoenixhealthsearch.com 
      
    Visit: www.phoenixhealthsearch.com