NSM Insurance Group East Norriton , PA 19401
Posted 1 week ago
Overview
NSM's Healthcare division is focused on delivering innovative risk solutions in the field of medical stop loss insurance and managed care insurance.
The division is comprised of three leading programs - Sequoia Reinsurance Services, IOA Re and Rockport Benefits. These programs focus on supporting clients and brokers in a rapidly changing healthcare market with best-in-class service, underwriting, claims and effective cost containment strategies.
NSM Insurance Group is a global specialty insurance provider with more than $1.6 billion in premium across 25+ specialty insurance programs and brands around the world. Named a Philadelphia Inquirer Top Workplace based on employee feedback, the company has been exclusively focused on building successful insurance programs since 1990 and continually seeks new opportunities to grow and expand through strategic mergers and acquisitions.
Relationships are paramount at NSM because we know that's what drives mutual, long-term success. We maintain an entrepreneurial spirit and startup mindset within an established organization that continues to redefine what specialty insurance means and how it impacts everyday lives. Employees are given endless opportunities to expand their interests and skillsets, push breakthrough ideas and take risks. Our open, supportive environment gives employees the confidence to take ownership of their work as if the business was their own.
At NSM, we Build Success every day for our people, carrier partners, agents and insureds - because we know our success is built on yours.
As a Technical Underwriter for NSM's Healthcare division, you will be an essential member of our Underwriting Team. Being a Technical Underwriter involves daily communication and collaboration with a team of Underwriters. While prior experience and industry knowledge are important, a positive, can-do attitude is crucial. In this fast-paced industry, strong time management and problem-solving skills are the keys to success.
Responsibilities
Initial Rating-Prospects through verification of entered Reinsurance terms, benefits, and counts.
List PPO Discount per charts for all carriers, verifying all required information.
Enter Current or Renewal Terms
Input Aggregate Claims Experience and Shock information.
Issuance of manual quotes through VP approval.
Generate renewals- General Outline
Check Benefits, reinsurance terms etc as with new RFPs
Send Off Initial Nurse Review
Run Renewal Reports
Complete Matrix
Enter Aggregate and Shock Claims
Check for reserves
Track Renewals
Provide email and phone coverage for partnered VP when out of the office, by means of simple requotes, and coordination of required underwriting coverage.
Sold Case Processing- coordination of data retrieval, nurse review, SCT and apps.
Organization of files
Binder and/or Disclosure Letter when needed.
Coordinate Nurse Reviews as needed through the entire process from completing medical review form, submitting data, requesting risk management, continued follow up, etc.
Qualifications
Bachelor's degree in risk management, Insurance, Business, preferred.
Can-do attitude is key; eagerness to jump in and roll up your sleeves.
2 to 5 years' experience of MGU/Healthcare insurance underwriting.
Technical knowledge for underwriting level.
Intermediate to advanced Microsoft Office skills.
Skillful time management and the ability to manage multiple priorities, deadlines, and interruptions in a high-volume setting.
Work independently and as part of a team; maintain relationships with external customers.
NSM Insurance Group