Medical Stop Loss Rating Specialist

Voya Financial

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Get to Know the Opportunity:

Analyzes, researches, and independently responds to Request For Proposals (RFP) from existing and prospective clients for Stop Loss prospects. This generally includes standard requests and, to a certain extent, larger and more complex RFP’s that may require additional research and analysis. Supports distribution staff with maintaining broker relationships and proposal responses.

Please Note: Work location for this role is FLEXIBLE! This position allows 100% remote work from home or allows work to be performed in any of our major office locations with a hybrid schedule.

The Contributions You’ll Make:

  • Responsible for coordination and completion of Stop Loss Requests for Proposals for assigned territory. This includes standard and complex RFPs in the Stop Loss space.
  • Assess RFP needs, and communicates coordination of necessary data with external brokers, vendors or partners outside of the Company, via email or telephone, either independently or with direction from assigned sales partner.
  • Determine competitiveness of RFP through manual rating process, adhering to quality guidelines and standards. Document and communicate decisions to necessary parties.
  • Review, research, analyze and document prior claims experience into ESL, for further risk evaluation, adhering to quality guidelines and standards.
  • Responsible for quality review of manual rates and claims entry, as well as peer reviews if needed. More senior team members may take on certain additional responsibilities such as assigning work and training responsibilities.
  • Develop and maintain relationships with field personnel and clients by answering general questions and obtaining information on which to base decisions.
  • Provide flex resources for other teams during non-peak seasons, including attending benefit fairs for new or existing clients.

Minimum Knowledge & Experience:

  • 1- 3 years’ experience in a support role
  • Superior interpersonal skills, with emphasis on providing incomparable partnership
  • Excellent oral and written communication skills, with varying audiences
  • Exceptional organizational skills
  • Ability to handle multiple priorities

Preferred Knowledge & Experience:

  • Bachelor’s degree or equivalent

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Compensation Pay Disclosure:

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.

Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$45,100 – $56,380 USD

Be Well. Stay Well.

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.

What We Offer

  • Health, dental, vision and life insurance plans
  • 401(k) Savings plan – with generous company matching contributions (up to 6%)
  • Voya Retirement Plan – employer paid cash balance retirement plan (4%)
  • Tuition reimbursement up to $5,250/year
  • Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
  • Paid volunteer time — 40 hours per calendar year

Learn more about Voya benefits (download PDF)

Critical Skills

At Voya, we have identified the following critical skills which are key to success in our culture:

  • Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
  • Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
  • Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
  • Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
  • Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Learn more about Critical Skills

Equal Employment Opportunity

Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.

Reasonable Accommodations

We are committed to maintaining a diverse workforce. This commitment governs all decisions related to employment, including selection, development and compensation. It also includes an employee’s request for reasonable accommodation. All employees will be treated in a manner free from discrimination or harassment. Voya is committed to providing equal employment opportunities for persons with disabilities, including reasonable accommodation when needed. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please see our resources for applicants with disabilities.

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