Premera Blue Cross is committed to improving customers' lives by transforming healthcare. As an Underwriter I, you will evaluate and select risk to support corporate financial and membership goals, utilizing internal and external data sources in a collaborative environment.
Responsibilities
- Evaluate, develop rates, and accept or reject risk after examining appropriate information required to underwrite proposals and renewals. Work is often focused on smaller groups and support for senior underwriters on self-funding cases
- Use judgment (with appropriate level of peer/manager review) to evaluate system-generated rate calculations for reasonability of the risk
- Review requests for alternate benefit packages, determine feasibility and anticipated risk impact, and provide support for refunding and minimum premium cases
- Suggest alternative options as necessary and develop final rates for benefit offerings
- Verify sold group information for new and existing business
- Utilize applications to support the rating and underwriting process, including but not limited to systems, claims reporting, and reporting databases
- Under direction and approval by management, enforce underwriting guidelines and rules, and administrative rules under which Premera will accept a risk
- Monitor and direct activities on case specific issues and/or projects
- Test systems, update procedures before and after implementation, and troubleshoot/test errors/update with others
- Document procedures/processes for various rating and other systems
- Utilize data from Siebel, Trizetto, and Optum systems. Learn to navigate and extract data from the systems
- Recommend solutions to improve procedures/processes for various rating and other systems
- May participate on intradepartmental projects
Skills
- Bachelor's Degree in Business Administration, Mathematics, or related field of study, or (4) years of related work experience
- (1) year of underwriting or analytical experience
- (3) years of health insurance underwriting experience
- Intermediate to advanced Excel skills
- Knowledge of self-funding arrangements and underwriting
- Ability to present to the underwriting department both internally and externally on case specific issues
Benefits
- Medical, vision, and dental coverage with low employee premiums.
- Voluntary benefit offerings, including pet insurance for paw parents.
- Life and disability insurance.
- Retirement programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.
- Wellness incentives with a wide range of mental well-being resources for you and your dependents, including counseling services, stress management programs, and mindfulness programs, just to name a few.
- Generous paid time off to reenergize.
- Looking for continuing education? We have tuition assistance for both undergraduate and graduate degrees.
- Employee recognition program to celebrate anniversaries, team accomplishments, and more.
- Commuter perks make your trip to work less impactful on the environment and your wallet.
- Free convenient on-site parking.
- Subsidized on-campus cafes make lunchtime connections with colleagues fun and affordable.
- Participate in engaging on-site activities such as health and wellness events, coffee connects, disaster preparedness fairs and more.
- Our complementary fitness & well-being center offers both in-person and virtual workouts and nutritional counseling.
- Need a brain break? Challenge someone to a game of shuffleboard or ping pong while on campus.
Company Overview
Premera is a leading health plan in the Pacific Northwest, providing comprehensive health benefits and tailored services. It was founded in 1945, and is headquartered in Mountlake Terrace, Washington, USA, with a workforce of 1001-5000 employees. Its website is https://www.premera.com.Company H1B Sponsorship
Premera Blue Cross has a track record of offering H1B sponsorships, with 21 in 2025, 29 in 2024, 13 in 2023, 25 in 2022, 15 in 2021, 5 in 2020. Please note that this does not guarantee sponsorship for this specific role.
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