Director, Actuarial
Sentara Health · Norfolk, VA · 2 mo ago
RemoteRemoteBusiness DevelopmentFull-time
Core Responsibilities
- Lead end-to-end pricing for Medicare Advantage, Medicaid, and related government programs
- Develop and maintain actuarial assumptions, methodologies, and pricing models
- Ensure rate adequacy, competitiveness, and alignment with enterprise financial targets
- Oversee bid development, rate filings, and regulatory submissions
- Translate pricing assumptions into forward-looking financial projections and scenarios
- Monitor emerging experience vs. pricing assumptions and identify key drivers of variance
- Provide actionable insights to improve margin, membership growth, and cost management
- Ensure compliance with CMS, state Medicaid agencies, and insurance department requirements
- Support actuarial certifications, rate filings, and audit readiness
- Interface with regulators and external actuarial partners as needed
- Partner with Product, Network/Provider Contracting, and Clinical teams on:
- Benefit design and product strategy
- Value-based care and provider reimbursement models
- Cost of care and utilization management strategies
- Align actuarial assumptions with operational and market realities across the enterprise
Requirements
- Bachelor's Degree Required
- 5 years Management
- 7 years Actuarial experience
- ASA required
- FSA preferred
Benefits
- Caring For Your Family and Your Career
- Medical, Dental, Vision plans
- Adoption, Fertility and Surrogacy Reimbursement up to $10,000
- Paid Time Off and Sick Leave
- Paid Parental & Family Caregiver Leave
- Emergency Backup Care
- Long-Term, Short-Term Disability, and Critical Illness plans
- Life Insurance
- 401k/403B with Employer Match
- Tuition Assistance – $5,250/year and discounted educational opportunities through Guild Education
- Student Debt Pay Down – $10,000 Reimbursement for certifications
- Free access to complete CEUs and professional development
- Pet Insurance
- Legal Resources Plan