AVP, Underwriting Manager
Company: Captive Resources
Location: Itasca
Posted on: April 1, 2026
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Job Description:
The Assistant Vice President (AVP) Underwriting Manager for
Medical Stop Loss Insurance is responsible for leading an
underwriting team, developing and implementing underwriting
strategies, and managing the underwriting process for assigned
captive program(s). This includes overseeing the underwriting of
new and renewal business, ensuring underwriting guidelines and
delegated authority are followed, managing a team of underwriters,
and maintaining profitability while controlling risk. The AVP will
work closely with senior management, fronting carriers, actuarial,
and sales teams to support business goals and drive performance
across the medical stop loss portfolio. ESSENTIAL EDUCATION AND
EXPERIENCE : Bachelor’s Degree in Business, Insurance, Finance, or
other related discipline, and at least eight (8) years of
experience in underwriting with 3 years in a leadership/management
role within medical stop loss or health insurance industry.
SKILLS/COMPETENCIES REQUIREMENTS: Lead, manage, and mentor the
underwriting team responsible for assigned captive program(s),
ensuring they follow best practices, underwriting guidelines and
consistently meet business goals. Adherence to underwriting
strategies that align with overall business objectives, balancing
profitable growth and risk. Review, approve, and document
underwriting referrals for complex or large cases, ensuring
appropriate risk assessment and pricing. Supervise and support a
team of underwriters, ensuring optimal performance, high morale,
and professional development. Lead training and development
opportunities to ensure the underwriting team is equipped with the
necessary skills and knowledge of market trends and medical stop
loss risk. Foster a collaborative environment and encourage
knowledge sharing among team members to improve underwriting
consistency and decision-making. Oversee the underwriting of new
business, renewals, and amendments to ensure appropriate pricing
and risk management strategies are applied. Work closely with
underwriting and carrier leadership to ensure pricing strategies
align with risk profiles and business goals. Evaluate claims
experience, trends, and other data to make informed decisions
regarding coverage terms, limits, and pricing adjustments. Ensure
that each policy is underwritten with consideration for the
company's risk appetite, underwriting guidelines, delegated
authority and financial objectives. Continuously evaluate and
refine underwriting processes to improve efficiency and accuracy
while reducing cycle times. Identify opportunities to automate or
streamline underwriting operations through the adoption of
technology or improved workflows. Implement best practices and
maintain a high level of quality control to ensure consistency and
accuracy in underwriting decisions. Collaborate with internal
teams, including actuarial, sales, and product management, to align
underwriting efforts with company objectives and market conditions.
Engage with brokers, consultants, and clients to address
underwriting-related inquiries, negotiate terms, and build strong
relationships. Communicate underwriting decisions, strategies, and
any changes in policies to key stakeholders in a clear and concise
manner. Monitor and analyze underwriting performance, including
loss ratios, profitability, and claims trends, and report findings
to senior leadership. Use performance data to make recommendations
for improvements in pricing, risk management, or underwriting
guidelines. Regularly assess the effectiveness of underwriting
practices and make adjustments to meet business goals and market
changes. Strong leadership, team management, and interpersonal
skills, with the ability to motivate and guide a team. Excellent
analytical and decision-making skills, with the ability to assess
complex risk factors and pricing strategies. Ability to communicate
complex underwriting concepts clearly to both technical and
non-technical stakeholders. Proficient in Connexure ESL Office and
MS Office (Excel, Word, PowerPoint). Strong understanding of
regulatory compliance requirements in the medical stop loss and
health insurance sectors. Detail-oriented with strong
organizational and time management skills. Ability to work in a
fast-paced environment and adapt to changing market conditions.
TRAVEL: Occasional travel may be required for meetings,
conferences, or client visits. This includes compliance with all of
the requirements of the localities and destinations, as well as
transportation carrier requirements.
Keywords: Captive Resources, Oak Lawn , AVP, Underwriting Manager, Accounting, Auditing , Itasca, Illinois
