Actuarial Director - Ohio Commercial Pricing

Elevance HealthCincinnati, OH
Hybrid

About The Position

This Actuarial Director role is for Ohio Commercial Pricing. This position is responsible for coordinating all commercial pricing activities within the state of Ohio, including the Individual, Small Group, and Large Group market segments. The role partners closely with local business leaders, Finance, Enterprise and Segment Pricing Teams, Actuarial, Underwriting, Product, Network, and other functional areas to develop and execute pricing strategies that achieve margin, growth, and membership objectives. The Director will lead pricing analysis, rate development, forecasting, and financial modeling activities while ensuring alignment with corporate strategies and market conditions. This role is also accountable for overseeing regulatory rate filings and ensuring compliance with state and federal requirements. In addition, the Director will manage and prioritize ad hoc local business pricing projects, providing strategic insights and recommendations to support business decision-making. A key responsibility of the role is to build, maintain, and develop a high-performing pricing team through effective leadership, coaching, and talent development. The position requires strong collaboration, communication, and analytical skills, as well as the ability to influence stakeholders across multiple levels of the organization.

Requirements

  • Requires a BA/BS degree and minimum of 6 years related experience; or any combination of education and experience, which would provide an equivalent background.
  • FSA required from the Society of Actuaries (SOA).

Nice To Haves

  • Strong collaborative, analytical and communication skills preferred.
  • Pricing experience preferred.

Responsibilities

  • Coordinate all commercial pricing activities in the state of Ohio.
  • Monitors trend of profit and profitability by line of business and/or product.
  • Serves on major projects as Actuarial representative.
  • Organizes and directs the staffing and work flow of the section.

Benefits

  • merit increases
  • paid holidays
  • Paid Time Off
  • incentive bonus programs
  • medical
  • dental
  • vision
  • short and long term disability benefits
  • 401(k) +match
  • stock purchase plan
  • life insurance
  • wellness programs
  • financial education resources
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