Director, Actuary Supplemental Health Pricing

Lincoln Financial•Papillion, NE

1d•$108,501 - $195,900•Hybrid

About The Position

Lincoln is a leading provider of Employer Benefits, and our Supplemental Health suite of Critical Illness, Hospital Indemnity, and Accident products are a fast-growing and strategically important component of our product strategy. We are seeking an experienced actuary to lead the strategic direction of this portfolio. Partnering with an established actuarial team, you will own the execution of our strategy for Supplemental Health and serve as the primary Pricing voice with Product, Distribution, Finance, and Operations.

Requirements

4 Year/Bachelor's degree (or equivalent)
5+ years of Supplemental Health pricing experience
FSA or ASA designation
Strong communication, collaboration, and analytical skills
Experience managing a team of technical experts

Nice To Haves

Past history of managerial, supervisory, and/or demonstrated leadership experience is preferred

Responsibilities

Lead and mentor team of actuaries and actuarial students.
Setting the strategic direction for pricing assumptions and methodology.
Collaborate with business partners in Product, Underwriting, Finance, Distribution, and Operations to execute upon our Supplemental Health business strategy.
Oversee the regulatory pricing agenda, including state rate filings, minimum loss ratio compliance and reporting, and positioning of responses to Department of Insurance inquiries.
Remain current and educating the organization on Supplemental Health pricing best practices.
Lead cross functional Supplemental Health initiatives by providing Pricing subject matter expertise.
Partner with Pricing Strategy to establish broad new business and renewal targets, and translate those targets into product-level rate actions and segment positioning.
Develop innovative strategies to drive targeted business results for key market segments.
Monitors new sale profitability and renewal execution throughout the year and provides recommended changes where appropriate.
Maintains a strong relationship with key business partners throughout the organization and leverages those relationships to stay on top of emerging internal and external trends.
Lead data-driven analysis to inform decision making.
Provides training and development opportunities, including stretch assignments, for team members and gives honest and open feedback to aid in the development of talent.
Directs and evaluates individual/team performance and takes appropriate action to meet and/or exceed performance standards for the Supplemental Health Pricing team.
Establishes and implements priorities, performance goals and objectives to ensure results.