Prime Therapeutics Hiring for Underwriter – Remote at Boston, Massachusetts Full Time

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

Job Description

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.

Responsibilities

• 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

Minimum Qualifications

• 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

Additional Qualifications

• 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

Preferred Qualifications

• 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

Reporting Structure

• 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.