Actuarial Director - Remote

OneDigital

3d•$150,000 - $170,000•Remote

About The Position

Employee Benefits is the core of our business and at our heart we are a people-focused organization. Every day, we help over 100,000 employers give their employees peace of mind by providing health, pharmacy, long and short-term disability, vision, dental and other insurance solutions. What makes us unique is that we can surround our clients with more services and more technology-based tools and a team of advisors that simply cares more than anyone else. If you want a career giving people the reassurance that they can have access to the health care they need for themselves and their loved ones, join OneDigital. Our Newest Opportunity: The Health & Benefits actuarial department at OneDigital is responsible for managing client projects that focus on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNR valuations, benchmarking, well-being initiatives, and renewal negotiations. Centralized at corporate, the department works both with field office analytics and consulting leaders, as well as directly with large clients. The team helps OneDigital colleagues and clients evaluate and optimize their health and welfare programs. As a part of this team, the Actuarial Director creates client deliverables, provides direction to other actuaries and junior analysts, serves as a financial client contact, and presents deliverables to clients in partnership with senior members of client teams. This position provides the opportunity to meet directly with clients, from mid-management to the c-suite; collaborating on different workstreams and sharing ideas and insights. Most often the Actuarial Director is brought in as a subject matter expert, however at other times he/she may lead a project end to end. He/she will provide overall direction relative to the development, application and consistent administration of actuarial principles and statistical techniques to ensure sound financials. The Actuarial Director is responsible for the creation and execution of the enterprise data and analytics strategy to drive business value.

Requirements

Expert analytical skills – experience in data analysis or financial modeling
A creative and consultative approach, with an interest in thinking outside of the box
Excellent written and oral communication skills
Proven project management skills and creative problem-solving abilities
Demonstrated ability to independently manage multiple complex projects simultaneously
Experience presenting technical concepts to a non-technical audience
Strong presentation skills and consulting project experience – ability to translate results of data analysis into easy-to-understand recommendations for client decision-making
Deep understanding of health insurance, medical stop loss, reinsurance, and ancillary employee benefit products
Minimum 10 years of relevant experience holding relevant actuarial credentials
Experience leading and managing people
5+ years of experience with client-facing responsibilities
BA/BS degree in actuarial science, math, finance, economics or related field

Responsibilities

Leads development and oversees execution of client data and analytics strategies.
Conceives, plans and conducts actuarial studies.
Ensures a financial forecasting system which generates accurate projections relative to cost, claims, administrative expenses, underwriting gains/losses, with the ability to explain variances to senior management.
Devises, collects, maintains, and reports financial and statistical information required to monitor cost and utilization trends in order to assure accuracy of the factors used in current financial arrangements.
Independently determines methodologies and approaches for projects.
Facilitates client meetings, client presentations and internal team meetings.
Leads the development of client deliverables, including written documents.
Manages timelines, including completion of client deliverables.
Ensures all work products are technically peer reviewed and submitted for consulting review.
Actively communicates project status updates with internal team.
Supports business development activities.
Serves as mentor to staff within the department, monitoring work and providing guidance and support ensuring the passage of institutional knowledge.
Performs team leadership responsibilities to include, but not limited to being involved in hiring and termination decisions, coaching and development, rewards and recognition, performance management and staff productivity.