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Stop Loss Analyst Jobs in Minnesota (NOW HIRING)

Evaluate employer group medical stop loss submissions for new business and renewals. Analyze group demographics, claims experience, large claimant activity, participation, plan design, contract terms ...

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The role involves evaluating employer group medical stop loss submissions and supporting underwriting decisions for both new business and renewal opportunities. This position requires analyzing risk ...

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Clinical Risk Nurse

Blaine, MN · On-site +1

$90K - $120K/yr

Analyze large claims and high-cost claimants, identifying trends in treatment, utilization, and cost drivers across the stop-loss portfolio * Conduct medical risk assessments including evaluation of ...

Clinical Risk Nurse

Blaine, MN · On-site

$90K - $120K/yr

Analyze large claims and high-cost claimants, identifying trends in treatment, utilization, and cost drivers across the stop-loss portfolio * Conduct medical risk assessments including evaluation of ...

We are seeking an Employer Stop Loss Senior Underwriter who will be responsible for risk assessment, analyzing and underwriting new and renewal business for our Employer Stop Loss product. The ...

Senior Underwriter, ESL

Maple Grove, MN · Hybrid

$100K - $119K/yr

We are seeking an Employer Stop Loss Senior Underwriter who will be responsible for risk assessment, analyzing and underwriting new and renewal business for our Employer Stop Loss product. The ...

We specialize in tailored solutions for niche industries, powered by advanced analytics, modern ... Carbon Stop Loss Solutions, part of Novacore's Healthcare Segment, is a leading managing general ...

Senior Underwriter, ESL

Maple Grove, MN · On-site

$100K - $119K/yr

We are seeking an Employer Stop Loss Senior Underwriter who will be responsible for risk assessment, analyzing and underwriting new and renewal business for our Employer Stop Loss product. The ...

We specialize in tailored solutions for niche industries, powered by advanced analytics, modern ... Carbon Stop Loss Solutions, part of Novacore's Healthcare Segment, is a leading managing general ...

Sr Underwriter

Minneapolis, MN · On-site

$102K - $121K/yr

Strong problem-solving and analytical skills * PC skills including word processing and spreadsheet applications * Excellent written and oral communication skills Underwrite Medical Stop Loss business ...

Premium Billing Analyst (Managed Care)

Plymouth, MN · On-site

$50K - $67K/yr

... Stop Loss Solutions. This position is responsible for ensuring accurate and timely billing for ... Review and analyze complex premium data, including composite and age-banded rating structures ...

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Stop Loss Analyst information

What is a stop loss analyst?

A Stop Loss Analyst is a professional who reviews and manages stop loss insurance policies, which are designed to protect organizations from catastrophic or unpredictable high-cost claims. They analyze claims data, evaluate risk, and ensure that claims submitted fall within the policy's terms and conditions. Their role often includes working with underwriters, brokers, and clients to resolve claims issues, ensure compliance, and help manage overall healthcare costs for employers who self-fund their health plans.

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

To thrive as a Stop Loss Analyst, you need a strong understanding of health insurance, risk assessment, and data analysis, typically supported by a bachelor's degree in finance, business, or a related field. Proficiency with claims management systems, Excel, and actuarial software is commonly required, and certifications such as Associate of the Society of Actuaries (ASA) can be advantageous. Attention to detail, analytical thinking, and effective communication are crucial soft skills for interpreting complex data and liaising with clients or underwriters. These skills ensure accurate risk evaluation, effective claims management, and strong client relationships in the stop loss insurance sector.

What are the typical challenges stop loss analysts face when reviewing claims data and how can they address them?

Stop Loss Analysts often encounter challenges such as incomplete documentation, discrepancies in claims information, and the need to interpret complex medical or financial data. Successfully addressing these issues requires strong analytical skills, attention to detail, and effective communication with underwriters, claims adjusters, and healthcare providers. Proactively collaborating with other teams and leveraging specialized analytical tools can help streamline the process and ensure accurate risk assessment. Staying organized and maintaining up-to-date knowledge of policy changes also supports more efficient claim reviews.

What are popular job titles related to Stop Loss Analyst jobs in Minnesota?

For Stop Loss Analyst jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Stop Loss Analyst jobs in Minnesota look for?

The top searched job categories for Stop Loss Analyst jobs in Minnesota are:

What cities in Minnesota are hiring for Stop Loss Analyst jobs?

Cities in Minnesota with the most Stop Loss Analyst job openings:

Stop Loss Group Underwriter

Real Soft, Inc.

Minneapolis, MN • On-site

$59.86/hr

Other

Posted 4 days ago


Job description

Stop Loss Group Underwriter - Voya
Job ID: 520
Company: Voya
Location: Minneapolis, MN - 250 Marquette Ave, Suite 900
Work Arrangement: Hybrid
Employment Type: Contract-to-Perm
Duration: September 14 - December 31, 2026
Hours: 40 hours/week
Openings: 4
Additional Information
  • Contract-to-Perm: Opportunity to convert to permanent for the right candidate.
  • Candidates should be commutable to the Minneapolis site if selected for permanent conversion.
  • Rate is based on experience and underwriting level.
Pay Rates by Level
  • Associate Group Underwriter: PR $39.44/hr
  • Senior Group Underwriter: PR $49.30/hr
  • Lead Group Underwriter: PR $59.86/hr
Position Overview
Voya's Employee Benefits division is seeking Stop Loss Group Underwriters to evaluate employer group medical stop loss submissions and support underwriting decisions for new business and renewal opportunities.
The underwriter will assess risk, claims experience, large claimant activity, group demographics, participation, plan design, contract terms, funding arrangements, pricing, and profitability while ensuring coverage meets underwriting guidelines.
Key Responsibilities
  • Evaluate and underwrite employer group medical stop loss submissions.
  • Review new business and renewal opportunities.
  • Analyze group demographics, enrollment, participation, and plan design.
  • Review claims experience and identify large claimant activity.
  • Evaluate contract terms, funding arrangements, pricing, and profitability.
  • Apply underwriting guidelines and determine appropriate coverage terms.
  • Gather and validate information required for underwriting decisions.
  • Partner with brokers, clients, field representatives, and internal teams.
  • Communicate underwriting decisions, recommendations, and requirements.
  • Ensure proposed coverage is financially sound and administratively feasible.
  • Support the competitiveness and profitability of the stop loss book of business.
Experience Requirements
Associate Group Underwriter
  • 0-2 years of underwriting experience typically required.
  • Entry-level position working under direct supervision.
  • Handles basic group insurance applications.
  • Approval authority up to 1,000 lives.

Senior Group Underwriter
  • 3-4 years of group underwriting or voluntary benefits experience typically required.
  • Independently handles more difficult and complex group insurance applications.
  • Approval authority up to 5,000 lives.
  • May provide training and guidance to junior underwriters.

Lead Group Underwriter
  • 5-8 years of underwriting experience typically required.
  • Independently handles the most complex underwriting cases.
  • Supplemental health experience preferred.
  • Approval authority up to 10,000 lives.
  • Provides guidance, work direction, training, and quality/performance input.
Required / Preferred Skills
  • Group health insurance underwriting
  • Stop loss underwriting
  • Medical insurance knowledge
  • Claims and large claimant analysis
  • Risk assessment
  • Group demographics and enrollment analysis
  • Plan design evaluation
  • Contract and funding arrangement analysis
  • Pricing and profitability analysis
  • Underwriting guidelines
  • Strong analytical and problem-solving skills
  • Attention to detail
  • Strong written and verbal communication
Ideal Candidate
The ideal candidate has experience in group medical insurance or stop loss underwriting, strong analytical judgment, and the ability to evaluate claims and risk information to make sound underwriting decisions. Senior and Lead candidates should be comfortable handling complex cases and providing guidance to junior team members.