Actuarial Director - Remote

Essential Duties and 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.
• Led 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.
• 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.

Qualifications, Skills and 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

Education, Training and Experience

• 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

Pay

The typical base pay range for this role nationwide is $150,000 to $170,000 per year. Your base pay is dependent upon your skills, education, qualifications, professional experience, and location. In addition to base pay, some roles are eligible for variable compensation, commission, and/or annual bonus based on your individual performance and/or the company’s performance.

Benefits

• We also offer eligible employees health, wellbeing, retirement, and other financial benefits, paid time off, overtime pay for non-exempt employees, and robust learning and development programs.
• You will receive reimbursement of job-related expenses per the company policy and may receive employee perks and discounts.

About the Role

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.

Skills

• 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

Requirements

• 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