Jobs · Business Development

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

Schedule

First (Days)

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