Dir, Dental & Vision Pricing

Aflac, Incorporated•Columbus, GA

10d•$180,000 - $230,000•Hybrid

About The Position

We are the duck. We develop and empower our people, cultivate relationships, give back to our community, and celebrate every success along the way. We do it all…The Aflac Way. Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized as Fortune’s 50 Best Workplaces for Diversity and as one of World’s Most Ethical Companies by Ethisphere.com. Our business is about being there for people in need. So, ask yourself, are you the duck? If so, there’s a home, and a flourishing career for you at Aflac. Depending on your location within the continental US, this role may be hybrid or remote. If you live within 50 miles of the Aflac offices located in Columbus, GA or Columbia, SC, this role will be hybrid. This means you will be expected to work in the office for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership. If you live more than 50 miles from the Aflac offices located in Columbus, GA or Columbia, SC, this role will be remote. This means you will be expected to work from your home, within the continental US. If the role is remote, there may be occasions that you are requested to come to the office based on business need. Any requests to come to the office would be communicated with you in advance.

Requirements

Strong knowledge of dental and vision products, operations, and the regulatory environment for Dental and Vision products
Excellent presentation, oral, and written communications skills
Strong teamwork and interpersonal skills, including the ability to communicate effectively with all levels of the organization and the ability to collaborate to reach a common agreement
Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Computer Science, Economics or a related field
Fellow of the Society of Actuaries (FSA) designation
10 years of professional job-related work experience, 5 years management experience
Or an equivalent combination of education and experience

Nice To Haves

Insurance industry designations
Membership in the American Academy of Actuaries

Responsibilities

Responsible for the creation and analysis of sales, expense, persistency and morbidity experience for dental and vision product lines
Maintains and communicates sales, morbidity, and persistency experience and provides management reports for product lines
Works with the product team to ensure future product design, benefits, and features are appropriately communicated and priced
Develops and implements pricing models for use by underwriting; maintains infrastructure for and updates experience analysis
Produces annual state filings as necessary
Performs Network Monitoring services such as updating network information and network fee negotiations
Updates Actuarial/Underwriting models with new yearly information (trend)
Works with product team to develop market competitive dental and vision plans on an as needed basis. Constructs and/or maintains pricing models.
Works with pricing and financial planning & analysis teams to develop dental VNB and financial forecasting models and provides annual experience updates for those models
Supports regulatory filing efforts and actuarial memorandums when new products are being developed and filed
Serves as the resource for questions for underwriting
Works with underwriting and pricing to set underwriting parameters and authority as well as when actuarial needs to be consulted (i.e. large case)
Collaborates with financial, sales, actuarial, and underwriting to determine strategic rating strategies for both dental and vision product lines
Performs re-rating analysis and implementation to ensure compliance and profitability. Works with operations or TPA, as needed, to ensure rate increases are properly implemented.
Over 100 – Done through Actuarial/Underwriting models and working with underwriting department to implement optimal rules
Under 100 – Performs the community rated analysis and implementation as needed.
Collaborates, as needed, with the Actuarial leadership, the Risk Management team, Financial Services, and Compliance
Monitors industry trends, regulatory developments and actuarial best practices; provides guidance and subject-matter expertise to executive management
Can work remotely with travel to offices in Columbus, Columbia and Tampa
Performs other duties as required

Benefits

medical
dental
vision coverage
prescription drug coverage
health care flexible spending
dependent care flexible spending
Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee)
401(k) plans
annual bonuses
opportunity to purchase company stock
11 paid holidays
up to 20 days PTO to be used for any reason
state-mandated sick leave (Washington employees accrue 1-hour sick leave for every 40 hours worked)
other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being
adoption and parental leave