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Stop Loss Insurance Jobs (NOW HIRING)

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Stop Loss Insurance information

What are the key skills and qualifications needed to thrive in the Stop Loss Insurance position, and why are they important?

To excel in Stop Loss Insurance, professionals need a solid understanding of underwriting principles, risk assessment, healthcare plan structures, and industry regulations, often supported by a bachelor’s degree in business, finance, or healthcare management. Familiarity with actuarial software, claims management systems, and relevant insurance certifications such as the Health Insurance Associate (HIA) or Certified Employee Benefit Specialist (CEBS) is highly valued. Strong analytical thinking, attention to detail, and effective communication skills help individuals liaise with clients, brokers, and internal stakeholders. These abilities ensure accurate risk evaluation, foster positive client relationships, and enable informed decision-making in a fast-paced, detail-oriented industry.

What is a Stop Loss Insurance job?

A Stop Loss Insurance job typically involves managing and underwriting stop-loss policies, which protect self-funded employers from catastrophic claims. Professionals in this role assess risk, analyze claims data, and work with brokers or insurers to structure policies that limit financial exposure. They may also negotiate contract terms, monitor ongoing claims, and ensure compliance with healthcare regulations.

What are typical daily responsibilities for a professional working in Stop Loss Insurance?

A typical day in a Stop Loss Insurance role involves reviewing and underwriting group health risk data, analyzing claims activity, and issuing or renewing policies based on risk evaluation criteria. Professionals also interact with brokers, third-party administrators, and employer clients to clarify coverage terms, answer questions, and negotiate contract specifics. Additional tasks may include monitoring large claims, coordinating with actuarial teams, and staying current with regulations and market trends. This dynamic environment requires effective prioritization and strong collaboration, ensuring accurate coverage while supporting clients’ risk management needs.

More about Stop Loss Insurance jobs
What cities are hiring for Stop Loss Insurance jobs? Cities with the most Stop Loss Insurance job openings:
What are the most commonly searched types of Stop Loss Insurance jobs? The most popular types of Stop Loss Insurance jobs are:
What states have the most Stop Loss Insurance jobs? States with the most job openings for Stop Loss Insurance jobs include:
Infographic showing various Stop Loss Insurance job openings in the United States as of June 2026, with employment types broken down into 4% As Needed, 29% Full Time, 16% Part Time, and 51% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution.
Associate Director, Stop-Loss Product Development

Associate Director, Stop-Loss Product Development

Sun Life Financial

Baltimore, MD • Hybrid

$116K - $174K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


Sun Life Assurance Company of Canada rating

8.6

Company rating: 8.6 out of 10

Based on 18 frontline employees who took The Breakroom Quiz

76th of 277 rated insurance


Job description

Sun Life U.S. is one of the largest providers of employee and government benefits, helping approximately 50 million Americans access the care and coverage they need. Through employers, industry partners and government programs, Sun Life U.S. offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance, and healthcare navigation. We have more than 6,400 employees and associates in our partner dental practices and operate nationwide.

Visit our website to discover how Sun Life is making life brighter for our customers, partners and communities.

Job Description:

Sun Life embraces a hybrid work model that balances in-office collaboration with the flexibility of virtual work in the contiguous states plus AK.

The opportunity: We are seeking an Associate Director, Stop-Loss Product Development to support the design, development, and execution of our stop-loss and risk-based product strategy for self-funded employers.

This role leads defined product initiatives and workstream within the broader product portfolio, contributing to innovation, growth, and ongoing competitiveness. This role combines hands-on execution, cross-functional leadership, and subject matter expertise, with opportunities to independently lead discrete product initiatives while operating within a Director-led strategy and governance framework.

How you will contribute:

  • Lead and support the end-to-end development of product initiatives, including concept development, design, implementation, launch, and post-launch evaluation.
  • Independently manage defined product enhancements, features, and programs aligned to product strategy, timelines, and governance.
  • Partner across underwriting, actuarial, claims, finance, legal, state filing, marketing, client experience, client services, clinical, L&D, and technology to execute initiatives.
  • Coordinate with external vendors and partners to support product delivery and implementation.
  • Monitor product performance using financial and operational metrics and recommend enhancements to improve outcomes.
  • Identify and implement process improvements to strengthen product development efficiency and effectiveness.
  • Serve as a subject matter expert on stop-loss products, supporting internal training, materials, and business enablement.
  • Partner with distribution teams to support growth, client engagement, and market expansion efforts.
  • Monitor industry, legislative, and competitor trends and support execution of product strategy and change initiatives.
  • Leverage data, analytics, and AI tools to support product research, development, and performance insights.

What you will bring with you:

  • Ability to work with a diverse range of people.
  • 5+ years of experience in stop-loss, self-funded healthcare, or related risk-based insurance products.
  • Experience in product development, product strategy, or project leadership within a complex, matrixed environment.
  • Strong understanding of stop-loss market dynamics, product design, and financial performance drivers is preferred.
  • Bachelor's degree is highly preferred
  • Demonstrated ability to lead cross-functional initiatives and influence without direct authority.
  • Ability to operate independently while aligning to broader strategic direction and governance.
  • Strong analytical, problem-solving, and data interpretation skills.
  • Excellent communication and collaboration skills, with the ability to influence across teams.
  • Strong organizational and execution skills, with the ability to manage multiple priorities.
  • Working knowledge of project management principles and tools.
  • Confidence in negotiating and presenting at a senior level.

Salary:

$116,500-$174,800

At our company, we are committed to pay transparency and equity. The salary range for this role is competitive nationwide, and we strive to ensure that compensation is fair and equitable. Your actual base salary will be determined based on your unique skills, qualifications, experience, education, and geographic location. In addition to your base salary, this position is eligible for a discretionary annual incentive award based on your individual performance as well as the overall performance of the business. We are dedicated to creating a work environment where everyone is rewarded for their contributions.

Not ready to apply yet but want to stay in touch? Join our talent community to stay connected until the time is right for you!

We are committed to fostering an inclusive environment where all employees feel they belong, are supported and empowered to thrive. We are dedicated to building teams with varied experiences, backgrounds, perspectives and ideas that benefit our colleagues, clients, and the communities where we operate. We encourage applications from qualified individuals from all backgrounds.

Life is brighter when you work at Sun Life

At Sun Life, we prioritize your well-being with comprehensive benefits, including generous vacation and sick time, market-leading paid family, parental and adoption leave, medical coverage, company paid life and AD&D insurance, disability programs and a partially paid sabbatical program. Plan for your future with our 401(k) employer match, stock purchase options and an employer-funded retirement account. Enjoy a flexible, inclusive and collaborative work environment that supports career growth. We're proud to be recognized in our communities as a top employer. Proudly Great Place to Work Certified in Canada and the U.S., we've also been recognized as a "Top 10" employer by the Boston Globe's "Top Places to Work" for two years in a row. Visit our website to learn more about our benefits and recognition within our communities.

We will make reasonable accommodations to the known physical or mental limitations of otherwise-qualified individuals with disabilities or special disabled veterans, unless the accommodation would impose an undue hardship on the operation of our business. Please email thebrightside@sunlife.comto request an accommodation.

For applicants residing in California, please read our employee California Privacy Policy and Notice.

We do not require or administer lie detector tests as a condition of employment or continued employment.

Sun Life will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including applicable fair chance ordinances.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Category:

Product

Posting End Date:

26/07/2026

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