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Remote Stop Loss Insurance Jobs in Elgin, IL (NOW HIRING)

Underwriter

Itasca, IL ยท On-site +1

The Underwriter is responsible for evaluating and underwriting stop-loss insurance. The role involves analyzing medical risk, pricing policies, and making recommendations based on a thorough ...

Senior Stop Loss Underwriter

Chicago, IL ยท On-site +1

$90K - $125K/yr

Remote (United States) About Acrisure A global fintech leader, Acrisure empowers millions of ... of insurance, reinsurance, payroll, benefits, cybersecurity, mortgage services - and more. In the ...

Significant Medical Stop Loss, Self-Funding, or Benefits Consulting industry experience and insurance designations are required * Technical stop loss and captive sales experience * Proven experience ...

Client Success Manager (Remote)

Chicago, IL ยท Remote

$85K - $95K/yr

... stop loss carriers). You'll manage the end-to-end client experience, ensuring that new clients of ... Experience in the self-funded health insurance space, with familiarity of brokerages, TPA, and ...

Client Success Manager

Chicago, IL ยท Remote

$85K - $95K/yr

US; fully remote with some travel Who We Are Renalogic is dedicated to helping our clients manage ... stop loss carriers). You'll manage the end-to-end client experience, ensuring that new clients of ...

Client Success Manager

Chicago, IL ยท On-site +1

$85K - $95K/yr

US; fully remote with some travel Who We Are Renalogic is dedicated to helping our clients manage ... stop loss carriers). You'll manage the end-to-end client experience, ensuring that new clients of ...

AVP, Construction

Chicago, IL ยท On-site +1

$150K - $190K/yr

The team is open to discussing hybrid or remote options in Minneapolis, Chicago, and St. Louis ... Assesses insurance and related financial risk and structures appropriate loss sensitive program to ...

AVP, Construction

Chicago, IL ยท On-site +1

$150K - $190K/yr

The team is open to discussing hybrid or remote options in Minneapolis, Chicago, and St. Louis ... Assesses insurance and related financial risk and structures appropriate loss sensitive program to ...

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Remote Stop Loss Insurance information

See Elgin, IL salary details

$15

$31

$61

How much do remote stop loss insurance jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for remote stop loss insurance in Elgin, IL is $31.06, according to ZipRecruiter salary data. Most workers in this role earn between $18.99 and $46.83 per hour, depending on experience, location, and employer.

What is remote stop loss insurance?

Remote stop loss insurance is a type of coverage designed to protect self-funded employers from large or catastrophic claims, but managed and administered through digital or remote platforms. This insurance reimburses employers for claims that exceed a predetermined limit, helping them manage risk and avoid significant financial loss. The 'remote' aspect refers to the use of online tools and services for policy management, claims processing, and communication, allowing for flexible and efficient administration without the need for in-person meetings. This is particularly beneficial for companies with distributed teams or those seeking streamlined, technology-driven solutions.

What are some common challenges faced by professionals working in remote stop loss insurance roles?

One common challenge in remote stop loss insurance roles is maintaining clear and effective communication with underwriters, brokers, and clients, since much of the collaboration happens virtually. Additionally, staying updated on changing regulations and market trends requires proactive self-learning and digital resourcefulness. Managing sensitive data securely and ensuring timely turnaround on complex claims or policy analysis can also be demanding when working remotely. Building strong relationships with team members and clients, despite the lack of in-person interaction, is key to long-term success in this field.

What are the key skills and qualifications needed to thrive as a remote stop loss insurance specialist, and why are they important?

To excel as a Remote Stop Loss Insurance Specialist, you need expertise in health insurance underwriting, risk assessment, and policy analysis, often supported by a background in insurance or finance. Familiarity with industry-standard claims management systems, CRM platforms, and regulatory compliance tools is essential. Strong analytical thinking, attention to detail, and effective written communication are crucial soft skills for success in a remote environment. These abilities ensure accurate risk evaluation, regulatory adherence, and clear client interactions, which are critical for managing high-value stop loss insurance contracts.

What is the difference between Remote Stop Loss Insurance vs Remote Underwriter?

AspectRemote Stop Loss InsuranceRemote Underwriter
CredentialsInsurance licenses, actuarial knowledgeInsurance licenses, underwriting certifications
Work EnvironmentInsurance companies, brokers, remoteInsurance companies, remote or office
Industry UsageHealth and self-funded plansInsurance policy assessment and risk evaluation

Remote Stop Loss Insurance professionals focus on providing coverage for self-funded health plans, managing risk, and setting policy terms. Remote Underwriters evaluate insurance applications, assess risks, and determine policy eligibility. While both roles require insurance knowledge and licenses, Stop Loss Insurance specialists concentrate on risk management for health plans, whereas Underwriters focus on evaluating individual applications. Understanding these differences helps clarify career paths and job expectations in the insurance industry.

What are popular job titles related to Remote Stop Loss Insurance jobs in Elgin, IL?

For Remote Stop Loss Insurance jobs in Elgin, IL, the most frequently searched job titles are:

What job categories do people searching Remote Stop Loss Insurance jobs in Elgin, IL look for?

The top searched job categories for Remote Stop Loss Insurance jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Remote Stop Loss Insurance jobs?

Cities near Elgin, IL with the most Remote Stop Loss Insurance job openings:

Underwriter

Captive Resources

Itasca, IL โ€ข On-site, Remote

Full-time

This job post hasย expired today.ย Applications are no longer accepted.


Job description

The Underwriter is responsible for evaluating and underwriting stop-loss insurance. The role involves analyzing medical risk, pricing policies, and making recommendations based on a thorough understanding of both medical costs and insurance principles.
EDUCATION AND EXPERIENCE: A bachelor's degree in business, finance, insurance, mathematics, or a related field. 2 -5 years of experience in insurance underwriting, preferably in the health insurance or medical stop-loss field. Experience with medical claims analysis, pricing, and risk management is essential.
SKILLS/COMPETENCIES REQUIREMENTS:
  • Stay updated on industry trends, regulatory changes, and best practices in medical stop-loss underwriting.
  • Risk management principles and stop-loss insurance products.
  • Medical terminology, healthcare costs, and trends in medical claims.
  • Regulatory and compliance issues in insurance underwriting.
  • Strong analytical and problem-solving abilities.
  • Proficiency in underwriting software (Connexure ESL Office).
  • Excellent written and verbal communication skills for client interaction and report creation.

ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Evaluate submissions for medical stop-loss insurance of assigned captive program(s), assessing the risk posed by each potential policyholder.
  • Analyze medical claims data and historical health costs to determine appropriate stop-loss coverage levels, including individual and aggregate limits.
  • Review group health plans, claims experience, and member demographics to assess the potential for high-cost claims.
  • Develop premium pricing for stop-loss insurance policies based on risk analysis and underwriting guidelines within delegate authority.
  • Establish appropriate retention levels, deductible amounts, and policy terms based on the group's needs and risk factors.
  • Analyze claims data to assess trends, predict future claims, and identify risk patterns.
  • Use various tools, including statistical analysis and software systems, to track claims history and predict future healthcare costs.
  • Collaborate with clinical risk management team to assess potential for ongoing claims liability.
  • Engage with internal and external stakeholders to explain policy terms, underwriting decisions, and negotiate terms when necessary.
  • Support the sales team by providing underwriting insights and assisting with the proposal process for new business.
  • Ensure all underwriting activities comply with regulatory requirements, industry standards, and company guidelines.
  • Maintain accurate records of underwriting decisions, policies, claims history, and communication with clients.

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.
Click here to view all of our current benefits.
Applicants have rights under Federal Employment Laws: Family and Medical Leave Act (FMLA) Poster; Equal Employment Opportunity (EEO) Poster; and Employee Polygraph Protection Act (EPPA) Poster
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.