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Health Care Service Corporation
Health Care Service Corporation
H1B Visa SponsorConsultingHealthcareInsurance
Health Care Service Corporation (HCSC) is an independent licensee of the Blue Cross Blue Shield Association and a major U.S. health insurance and healthcare services organization. It serves nearly 23 million people through coverage and benefit programs for employers, individuals, families, and members of Medicare and Medicaid. Beyond health insurance, HCSC provides pharmacy services, life and dental coverage, and health data technology. With nearly a century of experience, the company works across insurance, healthcare, and consulting to expand access to care, support better health outcomes, and help manage costs for members and communities. Its broad operations create career opportunities spanning health benefits, healthcare services, technology, data, and related business functions.
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Group Underwriting Consultant, Pharmacy Benefits

Price and assess pharmacy benefit health insurance business for HCSC, supporting financial performance across renewals, proposals, and settlements. The hybrid role is listed for Illinois or Texas teams.

USUnited StatesILIllinoisTXTexas
$92,700 – $167,500 / year
HybridFull-timeMiddleSeniorEnglish RequiredUnderwriter

Description

  • Analyze and price HCSC pharmacy benefit business to support profit, growth, service, and expense goals.
  • Prepare quotes and rate proposals.
  • Project renewal outcomes.
  • Prepare annual settlements and experience reports.
  • Advise on underwriting, performance guarantees, and related financial matters.
  • Provide underwriting services to determine pricing.
  • Monitor accounts to help maintain profitability.
  • Apply current knowledge of health insurance pricing strategies.

Requirements

  • Bachelor’s degree in mathematics or accounting.
  • At least five years of underwriting experience.
  • Advanced knowledge of mathematical applications used in underwriting.
  • Ability to calculate discounts, proportions, and percentages.
  • Knowledge of business mathematics and algebra as applied to underwriting problems.
  • Knowledge of state and federal legislation related to group health underwriting.
  • Experience with major pharmacy benefit managers is preferred.
  • RX broker experience is preferred.
  • Intermediate Excel skills are preferred.
  • Visa sponsorship is unavailable.

Benefits

  • Professional development plans and opportunities.
  • Health and wellness benefits.
  • 401(k) savings plan.
  • Pension plan.
  • Paid time off.
  • Paid parental leave.
  • Disability insurance.
  • Supplemental life insurance.
  • Employee assistance program.
  • Paid holidays.
  • Tuition reimbursement.
  • Annual incentive bonus plan.
  • Other incentives.

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