Actuarial Manager

Bileddo Associates•Sacramento, CA
•Remote

About The Position

The Actuarial Manager will oversee financial model design and spend substantial time on pricing, product development, medical cost analytics, and valuation. The role coordinates deliverables produced by the actuarial consulting team and provides in-house actuarial and underwriting support to the health plan, initially focused on pricing, reserving, and actuarial data mart development. The position collaborates with department heads to provide analytical support on actuarial, underwriting, and healthcare economics topics. It designs, prices, and underwrites group health products; works on risk management and provider reimbursement; and hires, manages, and trains actuarial and underwriting analysts. The role may be performed from anywhere in California.

Requirements

  • Bachelor's degree (BA/BS) in a related field such as finance, mathematics, or accounting, or equivalent experience or education/experience.
  • Associate of the Society of Actuaries (ASA) certification upon hire.
  • ASA with six or more years of relevant experience.
  • Generally, eight years of relevant professional actuarial and/or underwriting experience in healthcare.

Nice To Haves

  • Master's degree, such as an MBA, is highly desirable.
  • Fellow of the Society of Actuaries (FSA) is preferred.

Responsibilities

  • Oversee all facets of financial model design.
  • Work on pricing, product development, medical cost analytics, and valuation.
  • Coordinate deliverables for work performed by the actuarial consulting team.
  • Provide in-house actuarial and underwriting support, initially focused on pricing, reserving, and actuarial data mart development.
  • Collaborate with department heads to provide analytical support on actuarial, underwriting, and healthcare economics topics.
  • Design, price, and underwrite group health products.
  • Hire, manage, and train actuarial analysts and underwriting analysts.
  • Work on risk management and provider reimbursement.
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