Managing Actuary
About The Position
This position manages the implementation, maintenance, critical review, and analysis of models, studies, and systems that use actuarial principles for pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions. The role develops complicated models and teaches others how to develop models. It also prepares written and oral presentations to support decision-making and manages day-to-day projects that may involve non-actuarial departments. The position requires a deep understanding of one actuarial area or business segment. This is a flex (hybrid) role, with three days per week in the office and two days remote. Flex employees are expected to be in the office at least three days per week; management may modify an employee’s weekly schedule in exigent circumstances. Sponsorship is not available.
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or Economics; other bachelor’s or higher degrees may be considered.
- Associate of the Society of Actuaries (ASA) and Membership in the American Academy of Actuaries (MAAA), with compliance with the membership requirements for each designation.
- At least 4 years of actuarial experience in the health insurance or a related field.
- Verbal and written communication skills to prepare effective documentation, facilitate training and development, and participate in presentations.
- PC proficiency, including Word and Excel.
Nice To Haves
- Pharmacy actuarial experience.
- Medicare experience.
- Health insurance or managed care experience.
- SQL experience.
- SAS, R, or other programming experience.
- Strong analytical and data modeling skills.
- Advanced Excel and PowerPoint proficiency.
- Experience analyzing large healthcare datasets.
Responsibilities
- Manage implementation, maintenance, critical review, and analysis of actuarial models, studies, and systems used for pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions.
- Develop complicated models and teach others how to develop models.
- Develop written and oral presentations that deliver information for decision-making.
- Manage day-to-day projects, which may include work with non-actuarial departments.
- Demonstrate a deep understanding of one actuarial area or business segment.
Benefits
- Health and wellness benefits
- 401(k) savings plan
- Pension plan
- Paid time off
- Paid parental leave
- Disability insurance
- Supplemental life insurance
- Employee assistance program
- Paid holidays
- Tuition reimbursement
- Other incentives
- Annual incentive bonus plan, subject to the plan’s terms and conditions
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What This Job Offers
Job Type
Full-time
Career Level
Senior
