1

Senior Underwriting Consultant Jobs in Rio Rancho, NM

Underwriter I

Bernalillo, NM · On-site

$53K - $79K/yr

Renders decisions based on consultations with Senior Underwriters, managers, and upper management. * Participates in cross-functional team training. * Performs other duties as assigned. Supervision ...

Underwriter I

Bernalillo, NM · On-site

$53K - $79K/yr

Renders decisions based on consultations with Senior Underwriters, managers, and upper management. * Participates in cross-functional team training. * Performs other duties as assigned. Supervision ...

Senior Underwriting Consultant information

See Rio Rancho, NM salary details

$34.8K

$100.3K

$125.6K

How much do senior underwriting consultant jobs pay per year?

As of Aug 27, 2026, the average yearly pay for senior underwriting consultant in Rio Rancho, NM is $100,270.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,600.00 and $109,600.00 per year, depending on experience, location, and employer.

What does a senior underwriting consultant do?

A Senior Underwriting Consultant assesses financial risk for insurance policies, ensuring that applications align with company guidelines and industry regulations. They analyze complex data, review medical and financial reports, and determine premium rates and policy terms. Additionally, they provide guidance to junior underwriters, collaborate with sales and actuarial teams, and help develop underwriting strategies to maintain profitability and compliance.

What are the key skills and qualifications needed to thrive as a senior underwriting consultant?

To thrive as a Senior Underwriting Consultant, you need deep expertise in risk assessment, financial analysis, and industry regulations, usually supported by a degree in finance, business, or a related field, and several years of underwriting experience. Familiarity with underwriting software platforms, data analysis tools, and professional certifications such as CPCU or CLU is highly valuable. Strong communication, problem-solving, and negotiation skills set top performers apart in this consultative role. These skills and qualities are critical to ensure accurate risk evaluation, maintain client relationships, and uphold profitability and compliance standards.

What are the primary challenges faced by senior underwriting consultants in their daily work?

Senior Underwriting Consultants often handle complex cases that require balancing rigorous risk analysis with client expectations and organizational goals. They must stay updated on changing regulations and industry trends while making high-stakes decisions under tight deadlines. Collaboration with other underwriters, sales teams, and clients is frequent, requiring effective communication and negotiation. Overcoming these challenges offers opportunities for professional growth and greater influence within the organization’s risk strategy.

What are popular job titles related to Senior Underwriting Consultant jobs in Rio Rancho, NM?

For Senior Underwriting Consultant jobs in Rio Rancho, NM, the most frequently searched job titles are:

Infographic showing various Senior Underwriting Consultant job openings in Rio Rancho, NM as of August 2026, with employment types broken down into 87% Full Time, 9% Part Time, and 4% Contract. Highlights an 74% Physical, 3% Hybrid, and 23% Remote job distribution, with an average salary of $100,270 per year, or $48.2 per hour.

Senior Underwriter - Health Plan - Remote

Prime Therapeutics LLC

Albuquerque, NM • On-site, Remote

$81K - $138K/yr

Full-time

Re-posted 28 days ago


Prime Therapeutics rating

7.9

Company rating: 7.9 out of 10

Based on 48 frontline employees who took The Breakroom Quiz

16th of 113 rated pharmacies


Job description

At Prime Therapeutics (Prime), we are a different kind of PBM, with a purpose beyond profits and a unique ability to connect care for those we serve. Looking for a purpose-driven career? Come build the future of pharmacy with us.
Job Posting Title
Senior Underwriter - Health Plan - RemoteJob Description
The Senior Underwriter is responsible for achieving profit, growth, service and expense objectives through the financial analysis and pricing of Prime's book of business. Under minimal supervision, the Senior Underwriter serves as an expert consultant on matters pertaining to underwriting, performance guarantees and other financial considerations. Provides underwriting services to determine pricing and monitors accounts to ensure they remain on a profitable basis. Maintains and applies knowledge of pricing strategies in the PBM industry. Maintains a positive working relationship with Sales, Marketing and Client Engagement and other key business owners within Prime.
Responsibilities
  • Evaluates the utilization and financial experience of customers and prospects, many of which are very complex
  • Performs claims re-pricing analyses for the most complex external claims data
  • Provides support to Sales, Marketing and Client Engagement, assisting in the development of client presentations and negotiations pertaining to pricing and guarantees
  • Consults with other departments such as Legal, IT, HPS and Marketing, and participates in meetings as required on issues that have financial implications
  • 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
  • 5 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
  • Prior work experience in the PBM and/or healthcare industry
  • 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
  • 2 years as a Senior Underwriter or Benefits Consultant
  • Proficient with Salesforce.com

Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures
Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.
Potential pay for this position ranges from $81,000.00 - $138,000.00 based on experience and skills.
To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail (https://www.primetherapeutics.com/benefits).
Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.
We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.
Prime Therapeutics LLC is a Tobacco-Free Workplace employer.
Positions will be posted for a minimum of five consecutive workdays.

What Prime Therapeutics employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Prime Therapeutics logo

About Prime Therapeutics

Sourced by ZipRecruiter

Prime Therapeutics, located in Eagan, MN, is a pharmacy benefits management company that has been serving the healthcare industry since its foundation. They are an integral participant in the medical sector, specifically in the realm of health insurance. They focus on providing innovative pharmacy benefits and services to more than 30 million members nationwide. Besides their main pharmacy benefit management, they offer mail service pharmacy, specialty pharmacy, benefits management, and consultative engagement services to ensure individuals have continuous access to affordable prescription drugs. Prime Therapeutics, founded around three decades ago, has grown to stand out as a leader in its industry, thanks to its commitment to improving the health of its clients.

Industry

Insurance services

Company size

1,001 - 5,000 Employees

Headquarters location

Eagan, MN, US

Year founded

1987

Social media