Symetra is seeking a Director to join our Stop Loss Underwriting Team!

About the role

In this role, you will have Regional Stop Loss Underwriting oversight with Direct Profit/Loss accountability for a block of business exceeding $250M and sales goals of $125M. You will work closely with the AVP/VP of Stop Loss Underwriting to deliver business results.

What you will do

• Directly accountable for department/product profit targets.
  • Continuously review and evaluate available data to assist with risk decisions, block of business metric targets including but not limited to loss ratio, new business close ratio, renewal rate increases and persistency at the regional, underwriter/RGM level as well as case level.
  • Collaborate with actuarial department regarding manual pricing changes, setting renewal rate increase targets, and manual rate deviation parameters.
  • Quote authority limit (QAL) is as follows: $6m specific premium authority sign-off and $60m aggregate attachment authority.
• Manage underwriting staff:
  • Hire, develop, mentor, define performance expectations and provide real time performance feedback, and develop goals with and for the team.
  • Assist underwriters with their decisions on complex and or high premium cases.
  • Review competitive data and appeals from sales and develop appropriate responses.
  • Foster creative decision making to balance sound underwriting principles with desired premium growth.
  • Address any individual performance or developmental issues and either manage up or manage out.
  • Mentor and provide underwriting oversight to Underwriting Regional Group Managers in Field Sales.
  • Provide Second Signoff up to QAL levels and for exceptions to underwriting guidelines.
• Participate on broker, producer, and client calls and/or face-to-face meetings.
• Understand business drivers and think strategically.
• Successfully convey and implement company goals and philosophy.
• Foster positive relationships between underwriting and field staff.
• Consult on interdepartmental issues.
• Control expenses by supervising productivity while fostering innovation.
• Underwrite New Business Quotes and/or Renewals as needed.

Why Work at Symetra

Here's what some of our employees have to say about why they work at Symetra:

"Symetra is a great place if you are looking for the opportunity to contribute, to grow, to be seen and valued." Vernell K. - Auditor

"We're big enough to make an impact on the country, but small enough to care and know who you are and what you're contributing to the organization. All new ideas are welcome!" Stephanie F. - VP Customer Service & Operations

What we offer you

Benefits and Perks

We don't take a "one-size-fits-all" approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.

• Flexible full-time or hybrid telecommuting arrangements
• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
• Paid time away including vacation and sick time, flex days and ten paid holidays
• Give back to your community and double your impact through our company matching
• Want more details? Check out our Symetra Benefits Overview

Compensation

Salary Range: $121,300 - $202,200 plus eligibility for annual bonus program

Your experience and skills

• A minimum of a 4-year college degree or equivalent combination of education and business experience.
• 7+ years of Stop Loss Underwriting experience required.
• Prior leadership experience required.
• Mastery of underwriting principles and practices.
• Service oriented with commitment to meet deadlines, prioritize, and handle multiple tasks in a demanding work environment.
• Excellent communication skills both verbally and written.
• Strong collaboration and negotiation skills.
• Some occasional travel required.

We empower inclusion

At Symetra, we aspire to be the most inclusive insurance company in the country. We're building a place where every employee feels valued, respected, and has opportunities to contribute.

Inclusion is about recognizing our assumptions, considering multiple perspective, and removing barriers. We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our efforts here.

Creating a world where more people have access to financial freedom

Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we're guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they're buying, and we design products-and operate our company-to stand the test of time. We're committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom.

For more information about our careers visit: https://symetra.eightfold.ai/careers

Work Authorization

Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.

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