Director of Underwriting

Company: Providence Health & Services
Location: Portland
Posted on: January 28, 2026

Job Description:

Calling all Esteemed Leaders! Are you a strategic mastermind with a passion for healthcare? Do you thrive on navigating complex challenges and shaping the future of healthcare delivery? If so, then we have the perfect opportunity for you! You can be based in Oregon, Washington or California. The Role: As the Director of Underwriting for Providence Health Plans, you will be a pivotal force in developing strategies and policies to support profitable membership growth, retention, business expansion, and diversification in accordance with long-range plans. You will provide clear vision, direction, and consistency in risk analysis, planning, organizing, developing, implementing, evaluating, and auditing underwriting activities and models across all regions. You will identify risks related to the introduction of new products or modification of underwriting requirements and represent the Plan alongside Sales to promote pricing transparency to Producer partners and employer groups, substantiating and providing credibility around pricing decisions. What Youll Do: Strategic Architect: Collaborate with Plan leaders to create and implement strategies and policies that support product development efforts, profitable growth, special risk arrangements, business expansion, and diversification according to the long-range plan for fully insured commercial business. Performance Guide: Lead development, monitoring, and achievement of department service level standards, fostering high-performance relationships with Sales, Pharmacy, Product, and Actuarial departments. Underwriting Leader: Direct all rating and underwriting activities for all new and renewing fully insured large group and Association Health Plan commercial group lines of business, ensuring financial performance and development of associated pricing models. Transparency Advocate: Represent the Plan alongside Sales Leadership, promoting pricing transparency to Producer partners and employer groups, substantiating and providing credibility around pricing decisions. Compliance Champion: Ensure adherence to underwriting audits, processes, guidelines, and procedures consistent with State and Federal Law and regulatory requirements. Collaborative Innovator: Work with Actuarial and Finance Directors to routinely update and test rates and factors in the underwriting models, ensuring alignment with industry best practices and strategic objectives. Talent Developer: Mentor and coach the Underwriting Manager and staff, attracting top industry underwriting talent and fostering development and engagement within established authority levels. Budget Strategist: Oversee the development and achievement of the Underwriting Departments annual budget. What Youll Bring: Educational Background: Bachelors Degree in Finance, Mathematics, or a related field; Masters Degree in Business Administration preferred. Experience: 10 or more years of experience in healthcare underwriting, with 5 years in a Leadership role and 2 years leading teams through promoting teamwork, decision-making, delegation, training, and coaching. Analytical Expertise: Exceptional quantitative and problem-solving skills, with a thorough understanding of insurance underwriting and rating methodologies. Strategic Mindset: Ability to work with senior management to quickly solve difficult strategic questions. Technical Proficiency: Strong skills in spreadsheet, statistical, and database software packages. Communication Mastery: Excellent written, verbal, listening, negotiation, presentation, and math skills. Project Management Skills: Ability to maintain positive relationships with critical areas while achieving department objectives. Why Join Us? Make a Real Difference: Be part of an organization that transforms healthcare and improves countless lives. Unleash Your Potential: Enjoy the autonomy and support needed to bring innovative ideas to life. Work with the Best: Collaborate with a team of talented and dedicated professionals passionate about their work. Thrive in a Dynamic Environment: Embrace the challenges and rewards of a fast-paced, ever-evolving industry. Ready to Shape the Future of Healthcare? If youre a visionary leader with a passion for healthcare, we encourage you to apply! Join our team and help us create a healthier future for all. About Providence At Providence, our strength lies in Our Promise of “Know me, care for me, ease my way.” Working at our family of organizations means that regardless of your role, we’ll walk alongside you in your career, supporting you so you can support others. We provide best-in-class benefits and we foster an inclusive workplace where diversity is valued, and everyone is essential, heard and respected. Together, our 120,000 caregivers (all employees) serve in over 50 hospitals, over 1,000 clinics and a full range of health and social services across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington. As a comprehensive health care organization, we are serving more people, advancing best practices and continuing our more than 100-year tradition of serving the poor and vulnerable. Posted are the minimum and the maximum wage rates on the wage range for this position. The successful candidates placement on the wage range for this position will be determined based upon relevant job experience and other applicable factors. These amounts are the base pay range; additional compensation may be available for this role, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities. Providence offers a comprehensive benefits package including a retirement 401(k) Savings Plan with employer matching, health care benefits (medical, dental, vision), life insurance, disability insurance, time off benefits (paid parental leave, vacations, holidays, health issues), voluntary benefits, well-being resources and much more. Applicants in the Unincorporated County of Los Angeles: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Unincorporated Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Pay Range: $ 76.29 - $ 121.96 The amounts listed are the base pay range; additional compensation may be available for this role, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities.

Keywords: Providence Health & Services, Corvallis , Director of Underwriting, Healthcare , Portland, Oregon