Dir, Dental & Vision Pricing

About the role

We are seeking a dynamic and experienced individual to join our team as a Dental and Vision Product Actuary. This role is responsible for creating and analyzing sales, expense, persistency, and morbidity experience for dental and vision product lines. You will maintain and communicate this experience, work with the product team to ensure future product design, and develop pricing models.

Responsibilities

• Create and analyze sales, expense, persistency, and morbidity experience for dental and vision product lines
• Maintain and communicate sales, morbidity, and persistency experience and provide management reports for product lines
• Work with the product team to ensure future product design, benefits, and features are appropriately communicated and priced
• Develop and implement pricing models for use by underwriting; maintain infrastructure for and update experience analysis
• Perform Network Monitoring services such as updating network information and network fee negotiations
• Update Actuarial/Underwriting models with new yearly information (trend)
• Develop and maintain pricing models for dental and vision plans as needed
• Support regulatory filing efforts and actuarial memorandums when new products are being developed and filed
• Serve as the resource for questions for underwriting
• Work with underwriting and pricing to set underwriting parameters and authority as well as when actuarial needs to be consulted (i.e. large case)
• Collaborate with financial, sales, actuarial, and underwriting to determine strategic rating strategies for both dental and vision product lines
• Perform re-rating analysis and implementation to ensure compliance and profitability. Work with operations or TPA, as needed, to ensure rate increases are properly implemented
• Monitor industry trends, regulatory developments, and actuarial best practices; provide guidance and subject-matter expertise to executive management

Requirements

• 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

Qualifications

• 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

Skills

• Knowledge of dental and vision products and operations
• Ability to communicate effectively with all levels of the organization
• Experience with pricing models and actuarial analysis
• Ability to work collaboratively with various departments
• Strong analytical and problem-solving skills

Benefits

• Total Rewards: Salary range $180,000 - $230,000
• Medical, dental, and vision coverage
• Prescription drug coverage
• Health care flexible spending account
• Dependent care flexible spending account
• Aflac supplemental policies (Accident, Cancer, Critical Illness, and Hospital Indemnity)
• 401(k) plans
• Annual bonuses
• Opportunity to purchase company stock
• 11 paid holidays
• Up to 20 days PTO
• State-mandated sick leave (Washington employees accrue 1-hour sick leave for every 40 hours worked)
• Other leaves of absence, if eligible

Pay

The salary range for this job is $180,000 - $230,000. This range is specific to the job and salary offers consider a wide range of factors that are considered in making compensation decisions, including, but not limited to: education, experience, licensure, certifications, geographic location, and peer compensation.

Schedule

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. You will work in the office for at least 60% of the work week and from your home for the remaining portion. If you live more than 50 miles from the Aflac offices located in Columbus, GA or Columbia, SC, this role will be remote. You will work from your home, within the continental US. 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.