Bind Benefits
  • - Corporate - Finance
  • Minneapolis, MN, USA
  • Full Time

Bind was formed in 2016 by veteran health insurance innovators passionate about making health insurance personal - with the clarity, flexibility and power people deserve.

Want to move mountains?

Bind took the old model of health insurance apart and is rebuilding it - from floor to ceiling, from studs to rafters. We're not iterating a tired design or nudging a change-resistant industry, we're delivering what people want now - clear prices, timely support, personal choice and flexibility and an awesome, intuitive experience.

Where different wins.

Help build different and make a difference. Become a Binder and help us revolutionize health insurance.

VP, Stop Loss Business – Minneapolis


Provides overall leadership to the development of stop loss approaches, programs, and related business strategies across the organization.  Leads the development of stop loss fronting carrier relationships, captive and direct stop loss writer establishment strategies; oversees the integration and development of all system and operations supporting the stop loss business and has final approval on stop loss quoting and underwriting.


  • Provides leadership and direction across the company in the development and alignment of strategies and programs for stop loss, underwriting, captive, direct writing, and related business operations to ensure objectives are met
  • Provides leadership to executive management in establishing stop loss goals, objectives, and strategies within the organizational plan, including controls, reconciliation, and reserves
  • Partners and coordinates with other groups on tracking, reporting and cost management of claims, including escalation, communications and controls as needed
  • Ensures appropriate levels of communication regarding strategies, programs and initiatives with stakeholders, managers, employees for awareness, understanding, alignment and proper management
  • Leads the executive oversight of stop loss plans underwriting and strategies, including analysis, trends, and performance management; has final approval over threshold and identifies and removes challenges or adjusts as appropriate
  • Develops quoting and operational capabilities with preferred carrier partners; ensures appropriate coverage and scale, as well as due diligence and agreements
  • Ensures appropriate levels of communication regarding strategies, programs and initiatives with stakeholders, managers, employees for awareness, understanding, alignment and proper management
  • Leads internal systems development to support stop loss renewal quoting, scaled operations, and monthly financial reporting, including IBNR reserves; oversees monthly operational reports to be standardized and distributed
  • Ensures the development, implementation and interpretation of policies and procedures and compliance with applicable laws, rules, and regulations; receives legal guidance and interpretation when required


  • Bachelor's degree in Statistics, Data Science, Finance, or related field
  • A minimum of 15 years of experience in the stop loss market, including at least 5 years of leadership in these operations
  • Stop loss, underwriting, captive, and direct writing markets, and approaches
  • Risk management claims and related contract management, services, and administration
  • Business, operations, and functional strategies
  • General business planning, competitive analysis, and strategy development
  • Multiple strategies to understand, influence and manage business results
  • Financial management (P & L, balance sheet, forecasting, and budgets) to ensure return on investment and meeting financial objectives   
  • Applicable laws, rules, and regulations
  • Computer applications and systems related to the work
  • Lead related risk operations in a dynamic environment
  • Communicate effectively and build relationships at all levels of the organization
  • Be flexible, adapt to change
  • Provide leadership to executive management in the development stop loss, underwriting, captive, and direct writing strategies
  • Ensure the effective return on investment on resources, programs, and approaches
  • Create alignment to overall strategies, programs, and initiatives with multiple stakeholders
  • Outline strategies and approaches to understand business results
  • Ensure compliance with applicable laws, rules, and regulations
  • Lead, motivate and develop individuals at all levels of the organization
  • Determine and ensure the effective use of resources in a cross-functional and dynamic environment

Preferred Qualifications

  • Health insurance industry experience
  • Startup experience
  • Working in an ambiguous, fast-paced environment
  • Agile, ready to change direction on the fly

What We're Offering

  • Chance to join a new tech start-up aiming to fix the healthcare industry
  • Empowerment to shape new solutions disrupting healthcare while providing benefits and choice to its members
  • Flexible work-from-home schedule to support work-life balance
  • Opportunity to work with people who are motivated to go to work every day and make a difference
  • Equity, competitive pay, generous PTO, and the opportunity to be a part of a new health insurance plan powered by the consumer, you!

Diversity creates a healthier atmosphere. Bind is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law. Bind is a drug-free workplace.

Bind sponsors H-1B visas for current H-1B visa holders on a limited basis, other visa sponsorship not available.

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