Prime Therapeutics Underwriter - Remote in Trenton, New Jersey
Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.
Job Posting Title
Underwriter - Remote
The Underwriter is responsible for assisting in the development of the financial component of request for proposal (RFP) responses. This position will work with the Senior Underwriters and other internal divisions to coordinate the collection of the pertinent information needed to construct competitive offers, while meeting established financial targets. The Underwriter will serve as a consultant on matters pertaining to both financial and operational performance guarantees, while maintaining a positive working relationship with Sales, Client Engagement, Pricing, Trade Relations and other key business owners within Prime.
Gathers and examines appropriate documentation and data necessary to develop pricing in response to moderate to complex RFP’s
Evaluates the utilization and financial experience of customers and prospects
Performs claims re-pricing analyses of moderately complex external claims data
Maintains appropriate documentation and provides reports as needed, including documenting all pricing decisions
Participates in development of methodologies, models, reports and strategies to support objectives of the position
Other duties as assigned
Bachelor’s degree in mathematics, accounting, or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required
2 years of related work experience in Finance or Accounting
Must be eligible to work in the United States without need for work visa or residency sponsorship
In-depth knowledge of mathematical applications used in underwriting function is required, including the ability to calculate figures such as discounts, proportions and percentages, as well as the ability to apply basic concepts of business mathematics and algebra in underwriting problems
Ability to effectively present information and respond to questions in one-on-one or small group situations
Proficient in MS Office applications, particularly Excel, Word and PowerPoint
Prior PBM experience
Knowledge of Salesforce.com
Minimum Physical Job Requirements
Constantly required to sit, use hands to handle or feel, talk and hear
Frequently required to reach with hands and arms
Occasionally required to stand, walk and stoop, kneel, and crouch
Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus
- Reports to Manager or Director in the Finance Department
Potential pay for this position ranges from $62,100.00 - $93,300.00 based on location, experience and skills.
To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page (https://www.primetherapeutics.com/careers/benefits/) and click on the "Benefits at a glance" button for more detail.
Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
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